Corporations with private jets have been under fire for wasteful spending. How do you work around a companyâ€™s reluctance to lease or purchase a plane given potential public backlash?
The most important thing is just showing them the facts. You show them a spreadsheet of how an airplane can actually save them money, save executive time, improve quality of work life for their employeesâ€”whether itâ€™s senior level executives or a mid-level manager. The reality is, owning an airplane can actually be more cost-effective than flying on an airline.
If youâ€™re travelling to multiple cities in one day with multiple people for meetings, a lot of the time, commercial airplanes only go to about 500 airports throughout the United States. There are over 5,000 private airports throughout the entire country. If I was flying myself privately, I could fly directly from my home airport, whenever I wanted, to a local, general aviation airport thatâ€™s typically [closer to my destination] than commercial airports. I could go to my meetings and leave when I wanted to leave.
Tip for young entrepreneurs: Make the most out of every opportunity and every meeting that you have. Ever single time you get the chance to meet someone, see if thereâ€™s anything you can pick up and learn and apply to your life or your business.
Check out our behind-the-scenes footage from Black Enterprise magazine’s January 2010 BE Next cover shoot here.
Renita Burns is a staff writer at BlackEnterprise.com.