Sramana Mitra: This $68,000 that this guy paid you, what value did he receive for that? It’s not like there were lots of other jets that he could fly on. Ferren Rajput: The membership locks you into x number of hours that you can utilize. Every time you book a flight with us, you would
Sramana Mitra: I’m going to need you to start at the point where you’re launching this company. How did you set up the pieces of this business? How did you get jets? How did you get seats on jets? How did you get customers? Ferren Rajput: I got engaged with a source through which I
Sramana Mitra: Let’s go back to 2010 when you launched the company. What did you launch with? Ferren Rajput: When I came out, a friend of mine was looking at a car dealership. It was a Jeep dealership. He said, “You just do this until you get yourself back up on your feet.” I did
Sramana Mitra: What happened next? Ferren Rajput: This is late 90s. I started my first mortgage company in 1997. Money was starting to come in real good. I ended up getting married in 2001. My mortgage company really flourished. As an entrepreneur, I was always pushing the envelope. I got into a position where I
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Ferren Rajput had hit rock bottom at one point of his life. This is his story of how he climbed out of that hole. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in