Quote:
Originally Posted by mooneyguy  I guess one can assume you are not the business owner of a multi million dollar company who's time is worth way more then $30 per hour. A lesson I learned a long time ago, don’t do $10 an hour clerical work when you should be out making $300 hour doing business!
Right now this guy is driving himself as much as ten hours one way to do business. While he’s sitting in his car he is not getting much if any business done! Ok, so he owns his own plane, Why spend 2 hours pre-flighting getting the plane ready, then making the flight, then another hour or two post flight when you can make a call walk out to the plane get in a go?
If he can make 4K in a day why should he be at the airport looking at log books, scheduling service, or anything aircraft related. Have you ever owned a plane? I have owned 3. I can assure you If you manage your own plane the service time usually adds up to more then flight time! A guy making just 1 Mil a year makes $3800 per day! if he loses 9.5 work days he just lost $36000
I appreciate all the replies with tips on how to handle this.
My initial thought is to propose a base rate of 3000 per month. This gets them a full time pilot for up to 60 hours flight time (with negotiated hard days off). It also gives them a full time manager. Who will handle all maintenance, and day to day activities plane related.
If the flight time goes over 60 hrs it will be billed out hourly. Overnights if required they will pay for room, and $50 per diem. All expenses airplane related will be paid by the owners!
this is just rough draft, but this is what I am thinking for now...as someone mentioned I know there are a lot of people who would come in behind me and offer themselves for nothing, but personally I will not put on a skirt and go stand on the street corner!
Thanks again for the helpful replies and would appreciate more useful feedback!
p.s. the mooney is not the primary A/C actually it will probably be sold, but I would manage it until it is sold. The twin cessna is/will be the primary aircraft...and no I have not stated what type twin cessna, and wont just yet. |
Mooneyguy,
I am not one to argue with you any of your points addressed above. Let me bring it up a notch and be more philosophical and summarize what you just addressed above.
The owner makes $4000 a day; he can hire you for $3000 a month and not have to perform menial aviation related tasks. It's beneath you. Okay. . .
A business owner of a multimillion dollar organization made his millions
NOT by cavalierly throwing away or spending money just because they have it; they made their "profits" by providing sound, smart and most importantly analytical business acumen and practices.
You've probably read many a
Flying magazine over your aviation career, and you have numerous examples of multimillionares flying themselves, so your financial justification of saving the owner money lacks merit. Perhaps if the multimillion became a corporate jet or whatever. . .okay, having a corporate pilot might be a sound business practice. . . but right now? Maybe. . .or maybe not?
If you're going to justify $3000 a month by saying what you quoted previously, my recommendation is you support that number with something more substantive.
PS - kinda wonder if he has a cook and cleaning lady. . .chauffeur, etc.