A Family Affair
In the early 1980s, the bus industry regulated and new motor coach companies sprang up throughout the U.S. Land/Jet Inc. of Waterbury, Connecticut, was one of them. For this company's founders - the Brady brothers - their motivation was saving their family's business interests.
When their father Joseph founded the Travel Center in 1955, there were plenty of customers and not much competition. Because he had a tour brokers license, a distinction coveted by many and possessed by only a few people throughout the U.S. until deregulation changed the marketplace, his individual and group tour planning services were a hot commodity. After deregulation, however, 11 bus companies with tour planning services popped up and threatened to take a chunk of the Travel Center's customers. That's when Brady's four sons, then in their 20s, stepped in.
To protect their family's interest, they bought two MCI motor coaches and launched Land/Jet in 1983. Charles Brady, 26 at the time, became the company's president, but all the brothers have a hand in the company's operations. "We're a family-run business, and the Travel Center and Land/Jet offices are in the same building, so whether someone comes into the Travel Center or Land/Jet, one of us will help them," says Charles Brady. When the brothers aren't pinch-hitting wherever needed, they stick to the tasks defined by their position in the company.