Sergey Petrossov is the 31-year-old CEO and founder of JetSmarter, an innovative company that is worth more than a billion dollars. He was born in Russia. His family moved to the United States; at the time he was four. Later, they would move from California and Colorado to settle in Florida. This is where Petrossov would go to high school and start his first business, an import/export service that dealt with selling car tire rims.
After graduating from high school, he went to the University of Florida to obtain a degree in the field of finance. During his years there, Sergey Petrossov became interested in technology and partnered with some of his colleagues to start a chat service. Soon after completing his education in 2009, he became a partner in another tech business that taught educational courses for Russian and East European students.
You could say that the results of his next phase in entrepreneurship came through a twist of luck. In 2009, Sergey Petrossov was invited to fly on a private plane. To make this happen, he discovered he would have to call in to the aviation office and wait for someone to send an invoice. After signing it, he would have to fax it back. This method seemed so outdated to him as regular flights were digitized.
Seeing a vast opportunity for improvement in the private plane sector, Sergey Petrossov created JetSmarter. His idea was that individuals were not using jets to their advantage. He developed a plan to make sure that private planes were being used and not grounded for days at a time. He would establish a way distinguish individuals could reserve flights on personal jets, for their own crew or share with other folks who were like-minded in business matters.
In 2012, Sergey built a beta app that allowed his inner circle to test it and see how it worked in real time. The software program was so well accepted that it was released to the public in 2013.