Grant Cardone video explain why Private Jet Charter Flight VS Buy Aircraft Plane Aviation make sense for business Entrepreneur go to http://www.wysluxury.com/location/ location near you
When you fly private you don’t have to be with 200 people stuffed in a cabin, but the big thing is a plane saves you time. A plane is a business tool. Everyone says a plane doesn't make sense. These people don't have planes. Show me a really wealthy person and I’ll show you a person that owns a jet. Grant's choice was a mid-Size Gulf Stream 200. Time is money, so his investment buys time. Get rich and you too can own a jet. Why not?
Automatic Video Transcript:
0:00 I'm talking to for a bridge for breezy Oh poley he's with Tyra swings he's
0:04 asking he's doing an interview with me about why i bought my jet ha made sense
0:09 of it so I want to just make my friends on Facebook really appreciate you
0:13 joining me here we're gonna have a few people join us on facebook if you don't mind
0:17 ok so grand first question what time frame was there between the first time
0:21 you charter the jet and you actually bought your own jet you know that's
0:24 interesting because I never chartered a jet before i bought mine
0:28 that's good now I asked a lot of questions to a lot of people look at I i
0:32 literally just good for bc i couldn't make sense of the cost of the hours
0:37 ok see I'm a very very practical person I was brought up lower middle class
0:42 I've always been brought up to respect money and so when I started doing
0:47 I started looking at a jet when I was 50 I'm 58 today probably when I was 55
0:53 years old it took me a very short period of time to pull the trigger
0:55 ok and we're not when it's somewhere between 51 and 55 I quit traveling
1:00 ok and I could try had been traveling 200 and 250 days a year speaking all
1:05 around the United States mostly the United States Canada and and not north of Mexico
1:10 yeah and the travel had become so brutal on me that i started doing less and less
1:16 travel and i started doing more online with streaming i started reaching my
1:21 customers via Skype periscope streams anything video streaming that I could do
1:28 live i was doing more and more of because frankly I would rather be
1:33 directly in front of my customers but it was so painful to get on American or
1:37 Delta it didn't matter what airlines
1:39 yeah I've used them all flown over 3 million commercial miles
1:43 I've been in bird strikes bomb scares delayed flights canceled flights
1:48 equipment breakdowns
1:50 I've seen people kicked off plane I got in a fight on a plane once before nine
1:54 eleven so it just became a point where I'm like dude I can't fly anymore
1:59 I'd I'm done like every time I would go out for breezy oh I'd be like what the
2:04 hell am i doing staying now terrorism with all these apples going out this
2:08 this this was before all that really started happening
2:11 ok and then I'm like okay I'm gonna start investigating my own . now I went
2:18 through the mat the first thing i did everybody told me a couple buddies of
2:21 mine both that are expects tremely wealthy and successful
2:25 yeah everybody's tell me a plane doesn't make sense
2:28 everybody told me a plane didn't make sense didn't have a plane
2:32 ok yeah the guy ok what Warren Buffett warren buffett said it doesn't make any sense
2:38 so he bought the whole freakin you know about 750 jets now they bought them all
2:42 and he'll tell you he'll tell you it's the thing in his life that he would not
2:46 get rid of
2:48 yeah so I talked to a car dealer friend of mine that's a he went from poverty
2:53 came into this country's were three billion dollars today
2:55 he says he that guy can squeeze a quarter
2:59 literally the Eagle screams and flies off the corner he's so tight he owns three Jets
3:05 so I'm looking around I'm doing them I'm like all the rich people have a man
3:09 yeah why did the rich people have them in the people that don't have them
3:13 I mean the wealthy album the rich don't have the wealthy and the story is a
3:16 story a few weeks ago are right on this i took two companies that are in the
3:20 same business Tesco supermarket chain in the UK and they got to make it all over the world
3:24 your and walmart and interesting a walmart operate the largest private jet
3:29 li in the world and they continue buying jets even in the recession 2008-2010
3:34 they continued by jets and using them and we still can offer a discount
3:37 groceries at the store test goes just sold their fleet of jets last year
3:42 yeah big time here in the UK but you look at the two companies warm are
3:45 making money and they keep buying yes
3:48 Tesco's have sold their jets and they're losing money yes
3:51 that tells you a story that yeah there's a story so if you look at wealthy people
3:54 are you show me a really wealthy person on the show you somebody either own to
3:58 jet or charter a jet
4:00 yeah and a lot of them on the jet now back to back to why I never chartered
4:04 because i could not and I did all the look I did all the math okay okay I'm
4:09 gonna go buy a hundred hours hundred hours is going to cost me nine hundred
4:12 thousand in that about right us
4:15 yeah yeah yeah yeah yeah it needs to be replaced so so I'm playing it out
4:19 remember my first purchase of a jet I never chartered my first purchase was a
4:23 mid-sized a Gulfstream to hundreds of millions of super midsize right thing
4:28 good choice good choice arm
4:30 I could not in my mind because I'm so practical makes sense of nine hundred grand
4:36 my thinking was this i'm going to write a check for 900 I'm gonna go through the
4:39 hundred hours and six months or worse
4:42 I'm not going to use the hundred hours because i don't want to write another
4:46 check you follow me
4:47 yeah I want to save those hours but you see so so much okay i'm going to write a
4:53 second check for 900 let's say I go through the hundred hours
4:55 am I going to write another one for 900 I'm so cheap that I'm like I'm not going
5:00 to write it i'm just not going to travel but if i buy the damn thing
5:04 yeah if i buy it and I park it out here at opal lockout Miami and it's sitting
5:09 there going down and value every day
5:12 what am I gonna do yeah i'm going to use it every day
5:15 so for me I went ahead and paid for the jet i bought a jet
5:20 because it forces me he's going to how much you paid for it all you know this
5:24 was about 8 million dollars
5:25 ok this is a two thousand eight uh 2008 a Gulfstream 200 has 2,800 hours on it
5:33 what about it was all about four guys
5:35 yeah and and I don't I don't it's a what is it called a
5:39 90 91 91 you know yet 91 so I is it's a 90 what part 91 is not a 135 metres keep yourself
5:48 I never charter ok now let me just tell you my thinking okay because most people
5:53 think that was stupid doing that
5:55 okay look I would not travel if i had to write a check to do it
5:59 yeah i would not now i do have to write a check but the point is that jets it's
6:03 out there so I look for every opportunity to use that jet it is like
6:07 having a vacation home if you have a suggestion . how many partners do you
6:11 have I have two pallets full time soon ok I have to have two pallets full count
6:16 they work for me they only work for me when I get on that plane my clothes on
6:20
that play my musics on that plane nobody else has been on that plane
6:23
nobody else drink on that plane okay I know who's on that I know that plane
6:28
like like I know my car's my family my kids the personality I know when
6:33
something glitches on it i know'd it's just a computer don't worry boots let's
6:37
roll
6:37
I what I wouldn't know that in a fleet yeah and that gives me comfort
6:42
yeah that's the pilots you know your pilot's you know them personally do not
6:45
like I know I know them like family
6:47
ok when I go on a trip i'm getting ready to go to st. Barths I can't land at st.
6:51
Bart's with this thing but when i go there
6:53
one of the pilots is going to be with me the whole trip is going to stay with me
6:56
we're going to work he did he works in another business with me so i can
7:00
actually i can actually give other opportunities to the pilots
7:03
that's good that's great because pilots these days work a lot about and
7:07
integrated money compared to 15 20 years ago
7:09
well it's been distributed by I don't because I used to be an a-line pineapple
7:13
juice for years ago my mother know what I'm gonna quit doing this airline pilot
7:16
thing is i bet i can make more money selling a coffee set of line and that's
7:19
exactly the case
7:20
yeah but by pilots could make more money if they would find a good I mean they
7:24
they got access to the wealthiest people on a plant
7:26
yeah the the thing the pilots missing is this they only fly the plane
7:31
yeah they shouldn't just fly the plane you have access to the wealthiest people
7:35
on planet Earth ok
7:37
yeah and courageous wealthy people ok when you buy jet dude that's a freaking
7:41
like like that's not you can't fake that deal
7:43
ok no he's not so you have access to the wealthiest people without if I was a
7:47
pilot
7:48
I would never go home
7:50
might stay with a man I'd be their chauffeur they're playing guy
7:53
they're golfing buddy I'd be everything to those wealthy people
7:57
yeah so what made you choose to go see Angie 200 against another aircraft what
8:02
do you like about well i started i started on the Phenom started on a
8:05
phenom 100
8:07
yes muscle I'm like that's too small so i went to a phenom 300
8:11
I'm like okay that's just that the air condition and the heater all in your
8:14
face all the time
8:15
yeah but then i went to the Hawker i went to a hawker 800 hawker 900
8:21
um I actually had a hawker 900 under contract I didn't feel good about that
8:25
the head height even though I'm not a real tall guy bags in there is it
8:29
because well and then I ended up at gulfstream and a challenger 300 I said
8:32
look I know my play my plane is going to be a super midsize I like the cabin
8:37
I never want more than three or four people in a plane that fits nine
8:40
I don't want to be cramped up to implement your why have on the decision
8:43
of the airplane
8:44
she's not my wife is more of our my wife is not not a lot ok my wife is more uh
8:51
you're right
8:52
ok sheshe you're writing your thinking okay now will tell you this about what
8:57
my wife did how she did influence
8:58
she said if you're not going to do it now when are you going to do it yeah she
9:02
has she has been the one kind of seeding the idea that this was something I
9:07
needed to do for myself so that I could stay on the road and keep doing what I
9:11
want to do with people which has helped people so so she's the one that said if
9:15
you're not going to do it at 58 you're not going to do it at 70
9:18
yeah so she's she really shorten up the timeline because she had made sense like
9:24
I'm not going to want to use it yet when I'm 75
9:27
yeah you know I want to travel now we we used last year we used it over 250 hours
9:32
last year us and i probably could have used more
9:36
yeah you go international as well you just figure out we we go down to South
9:40
America we with this plane this plane wouldn't i would never take personally
9:44
wouldn't fly private overseas
9:46
what because I flatline a380
9:50
I mean how do you beat a380 dude how to add how do you beat those big those big
9:54
super super jets commercial jets the
9:57
that the cabins are just so wonderful on those for 18,000 I can fly eighteen
10:03
thousand dollars from here to England first class on a law stands at 382
10:09
frankford yeah but it's so comfortable the food so good
10:13
you know I could the the rest rooms are huge
10:16
you just can't do that in private i don't have a 650 Gulf Stream
10:20
yeah you know I don't have the big cabins but even if i had a Gulfstream 3
10:23
50
10:24
I'd still think I want to be on that a 380 well maybe it depends really well
10:29
because we haven't got find matches that here in England and he has a challenger
10:32
300 you guys up to New York all the time and they did you want your stop on the
10:36
way
10:36
yeah yeah and then there's no direct on the way back yeah yeah I i just think
10:40
that's two smaller plane to go overseas
10:43
yeah well everybody's got their preference something we don't like to
10:45
sit a nice morning therapies for more than night for five hours
10:48
yeah yeah ok so what's the longest trip you ever done in yours
10:53
we do we do miami la all the time Miami Seattle I've done that I mean I go cross
10:57
country
10:58
I can cover the whole United States I just can't come to you man
11:02
yeah so what do you think about Terry
11:05
I mean let me just say this i can make it I can make it from here
11:09
miami to paris I just come up like are from from miami to Portugal actually
11:15
yeah i'm michael i get like 25 miles from the coast
11:20
yeah and it's those last 25 miles that are problematic
11:23
ok well maybe maybe you'll get a big plane nature and and make the trip
11:27
across and it's about terrorism yeah let's look at about Joe political
11:30
situation how you from from being a private jet only algo
11:35
I mean how do you think this is influencing people as far as teaching
11:40
the whole thing and find the airlines and let me burn by jack
11:43
well number one you know even before even before the the the crazy things
11:49
that happened to do let's face it man
11:54
being on a plane with 200 other people I mean there's a good chance you got some
11:58
terrorists on that plane
12:00
I'm talking about wackos and crazies suicidals look there's so many
12:04
prescription meds
12:06
there's so many people on prescription meds in this country today that
12:11
it why would anybody want to get a put on a plane with 200 people me when i did
12:15
my first act of terrorism course you do with your lines they told me there's
12:18
three types of terrorists the mad
12:20
the bad and the sad yeah yeah exactly and and you've got those people that I
12:24
mad
12:25
yes the prescription medication yeah yeah
12:28
and sometimes it's difficult to spot that just one all and we'll do something
12:31
stupid on the airplane yeah , shoes & blades were not even that dude just
12:35
people going crazy people being be
12:37
man I don't want to get it smells bad next to me that's a form of terrorism ok
12:41
I mean compared about in totally my career about 15 people arrested on my
12:45
flights
12:45
yeah yeah I'm not big on look I got in a fight I got in a fight I got in a fight
12:49
on a plane because the guy wouldn't get out of my seat
12:51
ok yeah yeah so you know I I let him i said to take the seat that's fine i went
12:56
back to 22 I said in 22 is that it was empty flight in the back i sat in the
12:59
back when I when the plane landed in san diego this pre 911
13:03
I walk back up there to seat 3c ok when he stood up
13:06
I cracked him on the top of the head with one of my books I said you need to
13:09
read this if you're not first you're last
13:12
if I did that today I'd be arrested
13:16
yes right he was by the way arrested in san diego and taken to jail because
13:20
everybody first class it
13:21
mr. Cardone did cause a problem he did but why I walked away with his little
13:25
lump on his head but I would just say
13:27
in addition to the the the crazies on planes now the terrorism and look me and
13:32
my family have never felt better about to sit the decision we made to fly
13:37
private
13:38
because we know who's on that plane who got on that plane what's on that plane
13:42
I'm protected on that plane i have all the equipment if you know what I mean
13:47
on my plane you know what I mean all the things you can't bring on a plane
13:52
I have on my plane if you know what I mean
13:55
yeah let's talk about how you use your plane to make money because this is the
13:59
big thing due time is money time is money
14:02
it's what everybody knows nobody does time is money of time is money I can buy
14:06
time
14:07
ok I can do I've done four cities in one day in that plane for different cities
14:12
an example of your day going out to foursie's
14:15
what type of deal you would do in that day in the timings I did Miami
14:18
I did Miami Daphne Alabama little tiny runway Daphne Alabama
14:23
I got on the plane went to uh went to Atlanta met with Fran Tarkenton looked
14:27
at a piece of real estate and Daphne on my way on my way home
14:31
diverting to uh to Atlanta to meet with Fran Tarkenton to do it the the the
14:36
French darkens the Hall of Fame hall of fame
14:42
minnesota vikings quarterback yeah yeah yeah I'm in the air i'm like a friend
14:46
I could fly in right now look when you have a plane and tell somebody you can
14:49
fly in right now dude i'll see you
14:51
ok diverted from Atlanta to New York City did a meeting in New York flew back
14:56
to miami on the same day
14:57
it's impossible to do that that would take four days to do on a commercial
15:01
airlines
15:02
so I'm cook and and was with my kids my kids were with me while we did the trip
15:06
that's good and my wife yeah well give you your plane to go pick up line up and
15:11
bring them to you
15:13
yes we have ok yes we have
15:16
we've done all that okay and how do you think that its influence the deal that
15:20
you were doing with them the fact that you shouldn't be playing out to become
15:22
up
15:22
did I had a billionaire on a plane with me i just sold his company for 21
15:26
billion dollars me and we were both in New York
15:28
he was leaving that night he was flying back commercial believe it or not
15:32
oh I said don't but don't bother bro just sleep in i'll pick you up tomorrow
15:36
morning I'll drop you off
15:38
yeah that'd be awesome man ok yeah yeah yeah that'd be awesome
15:42
and then the guy he's right-handed and I put them in the right chair hehe loves
15:46
to write he reads a lot e circle stuff and he put eat on the on the on the
15:51
what's it called uh
15:53
follow me yeah on the panel man on the panel
15:57
yeah and I can't get the ink off buddy but he's worth four billion dollar so i
16:00
don't think i'm a cinema bill i'm just going to eat it
16:03
but look look look if I was flying commercial that day what am I gonna tell
16:08
him hey man what you fly back to me go back with me tomorrow and Delta we can
16:12
sit next to each other and hold hands
16:14
yeah it's not much of an offer right I'm like a plane you like the plane
16:19
you love the plane yeah and interesting enough when we're leaving Teterboro the
16:23
guy that sold me the plane Kevin white happen to be in Teterboro
16:26
I turn Teterboro on the Bob Duggan Bob Duggar now is looking at a plane
16:31
Kevin might get a deal out of it like like when you fly private you're going
16:35
through these private airports you're not meeting the vice presidents of
16:38
companies anymore you're meeting the people that own the companies
16:41
yeah so that's the other thing I sell books okay I'm write books and we sell
16:44
books
16:45
so every time we go to a private uh to an FBO we're dropping off books we give
16:50
books two pilots we introduce ourselves to people i mean it's a great way to
16:54
make great connections
16:55
if you want to get out there and and get the world to know you
16:59
not to mention I can when I own a jet okay i can put I can put my that's grant
17:05
cardone gee that's 365 GC that basically says I'm being me
17:11
GC GC is my initials and 10x is one of my books
17:15
you couldn't do this netjets wouldn't let you put a put your logo on the tail
17:19
of the plane
17:20
yeah it's a great branding exercise as well yes tremendous branding
17:24
Yeah Yeah right great - what your plans for the future then we with airplane why
17:29
do you think you'll you'll get more planes or we will know what we won't
17:32
give her but we will definitely get a bigger one at some point
17:35
yeah yeah everybody gets bigger you know that's true
17:39
go big or go home so do you think you'll be using your playing more in the next
17:43
six six months to a year where compared to last year and he needed a very good
17:48
first you'll need 50 hours yeah but but even the 250 our thing people like if
17:53
you don't fly 250 hours it doesn't make sense i think you can make sense 750
17:57
hours
17:57
yeah i think even a hundred even a hundred dollars I'm telling people now
18:01
go out if you want an airplane it's not like 3,200 miles you can go out and buy
18:05
a falcon 50
18:06
we have a ship a new interior no injuries you avionic all for less than 5
18:10
million dollars
18:11
yeah I don't want you may be a hundred thousand a year to operate to do 120
18:14
hours a year
18:15
yeah he's got your own airplane it's available twenty-four-seven it will take
18:19
you around the world basically and even across the Atlantic and you know it's a
18:23
great business tool
18:24
yeah it's a business tool . okay you own a printer your desk you're in an office
18:30
now you probably least that equipment
18:32
so you could at least if you want to but this is something when i get on
18:36
I want to know who's been on it look you're in the air man
18:40
yeah okay your 38,000 feet 40,000 feet you want to know i am in something
18:46
it's mine okay yeah now I know a lot of people have the idea that they were
18:50
charter and I guess if you're flying 50 or 60 hours here doesn't make sense at
18:53
some point it doesn't make sense
18:55
yeah unless you got more money than you've got time which I want to expand
19:00
time so to me time is more valuable than money and that's why about the jet
19:05
yeah makes sense okay girl thank you very much thank you my friend thank you
19:08
thank you by the way let me just say this
19:11
this has been the single best investment I have ever made in my life in my entire
19:15
life
19:16
yeah thank you very much thank you my friend Thank You be great
