Ownership 1.qxp_Finance 19/04/2022 11:06 Page 1
OWNERSHIP
How Private Plane Gave Entrepreneur Time With Kids The benefits of private airplanes go further than simply making business travel more efficient. Loral Langemeier tells Fabrizio Poli how her Beechcraft King Air enriched the time she could devote to her family, too…
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rowing up on her family’s farm in Nebraska, even from a young age Loral Langemeier was never happy sitting back, becoming part of the small-town status quo. At age 19, while paying her own way through college, she created a business specializing in corporate wellness and human performance. As a personal trainer and aerobics instructor, she taught between 16 and 18 hours per week, while earning a double degree and playing basketball for her college team. Loral graduated from the Wesleyan University of Nebraska with bachelor’s degrees in Business Administration and Finance, followed by a master’s degree in Exercise Physiology. Following graduation, Loral contracted with Fortune 500 company Chevron to teach health, fitness, and nutrition to workers on oil rigs off the coast of New Orleans – and at the age of 24 she entered a new contract with Chevron to build over 200 fitness centers on offshore rigs, partnering with a Professor of Engineering and a team of students at Louisiana State University. Loral rose to a senior-level with Chevron in San
50 Vol 26 Issue 5 2022 AVBUYER MAGAZINE
Francisco, spending a total five years in corporate America. While continuing her own businesses on the side, she developed her ‘secret formula of the wealthy’: To manage and build a portfolio to create even greater wealth. After meeting Robert Kiyosaki in San Francisco (before his Rich Dad, Poor Dad series), Loral created the distribution system of his financial board game Cashflow as a teaching tool for those who want to go back into entrepreneurialism. She approached Kiyosaki about helping expand his cash-flow game, working with him as a Master Distributor until 2001. Loral has been a partner or sole owner in well over one hundred for-profit and non-profit businesses since she started her first business while still in high school. And she has operated successful businesses in a wide variety of sectors, including real estate, gas and oil, restaurants, marketing, sales, insurance, publishing, car dealerships, entity formation, and recently NFTs. She has learned many valuable, first-hand business lessons during her more than 30 years of business ownership. Loral is author of a number of New York Times bestsellers, including, ‘The Millionaire Maker, Guide to www.AVBUYER.com
