Steve Varsano explains why you won't get a letter of intent 🛩️💸

When we look at you, we kind of see a university, right? Yeah. But instead of paying upfront and for a degree, we're paying in commission, basically. If we can go out there and network and find some people that are interested in purchasing a jet and doing the whole pre-step for you, see if we can get proof of funds, a letter of intent, then hand them over to you.

You're not going to get proof of funds or letter of intent. You won't. Because you don't have an airplane for sale. You can't show you control an airplane. Nobody who's really going to be buying a jet, they will never give you a letter of intent or proof of funds. And by the way, all this stuff about proof of funds, I don't know where these terms come from, people.

It's not a real term.

It's a real term, but there's only one way it can be a piece of paper telling you you have proof of funds. You send the money. That's proof of funds. You put the pieces of the puzzle together, and you decide if you've got somebody who's credible or not.