NEEL KHOKHANI Founder of Soar Aviation
About Neel Khokhani Neel Khokhani, a 28 years old founder and owner of Soar aviation, experienced astonishing growth over the past years of 568 %, accruing revenues of over $12 million in the previous financial year. Neel firmly believes that the success of a business can be attributed to modern approaches for flight training, eschewing the more "muscle car"-like planes like Pipers for a fleet of 45 light sports aircraft and Cessnas. All these contribute to lower costs of fuel and emissions. Soar Aviation accrued partnership benefits with training organizations such as Box Hill Tafe, which helped boost the number of students from 10 in 2016 to over 500 in 2018. although the business operations, Soar Aviation has not taken any external funding. Neel Khokhani started his business investment with $5000. for him, giving away too much equity early on is an "easy trap" for young entrepreneurs.
Soar Aviation Soar Aviation was founded in 2013 to address the global shortage of commercial pilots. It's one of the most unorthodox entries on this year's Smart50, offering training and accreditation through a Victorianbased flight school. However, the business has recently been sold to a private equity fund, The Growth Fund. Neel feels it will bring him perceptibly closer" to his long-term goal of running his airline. Neel Khokhani attributes successfully running Soar Aviation young age in part to his success, with the founder gaining his commercial pilots' license at 18. Having an innovative choice of aircraft means lower operating costs; savings are passed on to consumers in lower fees. According to the head of Soar— Neel Khokhani, their program is over 30% cheaper than other comparable products. Neel's move to start and successfully run Soar Aviation has ignited the flame of many individuals who dream of becoming aviators. The corresponding effort he put into achieving his dreams is highly incredible, making him stand out from the crowd and other entrepreneurs of his generation.
How Did Neel Khokhani Go About His Career Success Neel Khokhani's story started in his childhood. While he was still young, he had a dream of owning an airline. By then, his father kept telling him that he was too young and his dream was too big. During the same year, Neel Khokhani didn't give up and instead committed to achieving people's dreams. As a result of giving 100% to his dream, he's currently named the 51st rank on the list of young entrepreneurs in Australia. His journey of achieving something from nothing wasn't as easy as you'd think. But despite all, he took every challenge as his motivation gear, including his job. As we currently speak, Neel Khokhani now owns a flying school in Australia. from the firm determination he had, he founded his aviation school, soar aviation school, in 2016. Soar aviation school currently has 67 aircraft, three airport campuses, and over 500 students.
Years before owning an aircraft, Neel Khokhani was relocated to Australia at 16 years, facilitated by Richard Branson and aimed to commence an airline. By then, his only limiting factor was that he could not fly. But learning how to fly put him a step ahead. At 18 years, he obtained his flying license and began to instruct. While still working, he thought owning a fleet would be better. While still working, he approached his boss and let him know about his dreams, assuming he'd be delighted to hear about the idea. It was so unfortunate that his boss couldn't buy the idea, and instead, he sucked him. His suggestion was to start a flying school where he could run better, and then when he went ahead with an established soar aviation school in Australia.
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