Jesse Itzler, Who Sold His $5 Billion Jet Company To Warren Buffett, Says ‘The Best Investment You Can Make In Your 20s Isn’t Just A Career’

Jesse Itzler, Who Sold His $5 Billion Jet Company To Warren Buffett, Says 'The Best Investment You Can Make In Your 20s Isn't Just A Career'

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In a world where layoffs and inflation dominate headlines, millionaire entrepreneur Jesse Itzler believes there’s one investment young people can’t afford to miss. He wrote on LinkedIn earlier this month that young people should focus on gaining experience alongside career growth.

Long before he sold his private jet company to Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK, BRK.B)), Itzler was cleaning meat trucks for $7 an hour and hustling odd jobs — until one bold move changed everything.

Before his business empire took flight, Itzler worked low-paying gigs and even tried to make it as a rapper. But his breakthrough came when he launched Marquis Jet, a fractional jet ownership company.

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Itzler recounted in a 2024 LinkedIn post that he stationed himself outside a TED conference in Silicon Valley and bought every muffin from a nearby coffee shop to spark conversations with potential private aviation clients, saying, “Hey, I’ve got an extra muffin if you’d like one.”

The creative pitch helped him land early customers for Marquis Jet, which he later sold to Warren Buffett’s Berkshire Hathaway in 2010, according to the company’s annual report.

“Sometimes you’re just one move away from changing your life,” Itzler wrote on the same LinkedIn post. “Not one business plan. Not one investor. One creative idea. One right conversation. The universe doesn’t reward perfect plans. It rewards action.”

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In another LinkedIn post recently, Itzler wrote he once watched friends rush into corporate jobs after college. “Work, work, work. No travel. No experiments. No exploration. Just straight into the grind. And before they knew it? They aged fast.”

Now in his 50s, the entrepreneur warns younger workers not to confuse stability with success. “The best investment you can make in your 20s isn’t just a career … it’s experience,” he wrote in the post. He also encouraged taking small, consistent risks — trying side hustles, saying yes to travel, and stepping outside comfort zones.

While he doesn’t advise quitting jobs recklessly, he emphasizes that experimentation builds perspective. “Try everything,” he said. “Learn what sticks. Find what excites you. The time to explore is now.”

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Boldness, Itzler added, defines most success stories — including that of his wife, Sara Blakely, founder of Spanx. With $5,000 in savings from selling fax machines door to door, Blakely launched her shapewear line and personally rearranged store displays at Neiman Marcus to boost sales.

“I always say, ask for forgiveness not permission,” she recently told the “School of Hard Knocks,” a media company. Her persistence paid off: Blakely sold a majority stake in Spanx in 2021 to Blackstone Inc. (NYSE:BX) for $1.2 billion, having never taken outside investors previously.

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This article Jesse Itzler, Who Sold His $5 Billion Jet Company To Warren Buffett, Says ‘The Best Investment You Can Make In Your 20s Isn’t Just A Career’ originally appeared on Benzinga.com



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