
After retiring, Joe founded a non-profit called ALEX (Aerospace Learning EXperience). Using flight and drone simulators, Joe teaches specialized classes to pilots in training. He also uses the flight simulator to expose young people to the joys of aviation and to help people get over their fear of flying by showing them how a plane works.
In addition to his work at ALEX, Joe pilots a Citation Jet (a Cessna light business jet) that can be hired out for personal use for things like flying to a remote fishing spot. He also flies for a medical group that harvests donor organs. By transporting boxes of hearts and lungs for recipients in need, Joe helps to save countless lives every year!
Since Joe is a Hughes Capital investor, we also talk about how he used his Self-Directed IRA to invest in our fund Guardian. (Joe had a nice pension with United until they declared bankruptcy!) While Joe enjoys the ups and downs of flight, he’s not so thrilled about the stock market’s volatility, so Guardian helps keep his returns in a steady, upward flight pattern.
Listen to the Recording
[smart_track_player url=”http://traffic.libsyn.com/hughescapital/Joe_Rajacic_Final_mixdown.mp3″ title=”Ep 008: Tales of a Top Aviator: From Flight Simulators to Saving Lives with Joe Rajacic” artist=”The Edge with Greg Hughes” social_linkedin=”true” social_email=”true” background=”#000000″]
* We apologize for the poor audio quality on this podcast. We make every effort to produce a professional-quality show, and have taken action to prevent this in the future.
After retiring, Joe founded a non-profit called ALEX (Aerospace Learning EXperience). Using flight and drone simulators, Joe teaches specialized classes to pilots in training. He also uses the flight simulator to expose young people to the joys of aviation and to help people get over their fear of flying by showing them how a plane works.
In addition to his work at ALEX, Joe pilots a Citation Jet (a Cessna light business jet) that can be hired out for personal use for things like flying to a remote fishing spot. He also flies for a medical group that harvests donor organs. By transporting boxes of hearts and lungs for recipients in need, Joe helps to save countless lives every year!
Since Joe is a Hughes Capital investor, we also talk about how he used his Self-Directed IRA to invest in our fund Guardian. (Joe had a nice pension with United until they declared bankruptcy!) While Joe enjoys the ups and downs of flight, he’s not so thrilled about the stock market’s volatility, so Guardian helps keep his returns in a steady, upward flight pattern.
In this episode, you’ll hear:
- How autopilot has been changing the way pilots fly — for better and for worse
- What happened when one of Joe’s commercial flights had an oil leak and he was forced to shut down one of the engines
- The truth about how much of the world an international pilot has the time to see
- How Joe’s flight simulator helped one student discover his passion for aerodynamics and how he is now the lead aerodynamicist for a team building a land speed record car
- How air traffic control towers really work
- The ins and outs of owning your own airplane and how fractional ownership is a viable option for some businesses
- Why using a flight simulator is more practical than flying a real plane when instructing new pilots
- How people who have a fear of flying can use a flight simulator to overcome it
- How Reno is the 66th busiest airport in America traffic-wise
- How private pilots have 10 times more available airports for landing than commercial airlines
- How you can designate your IRA as Self-Directed and use it to invest in anything
In this episode, you’ll hear:
- How autopilot has been changing the way pilots fly — for better and for worse
- What happened when one of Joe’s commercial flights had an oil leak and he was forced to shut down one of the engines
- The truth about how much of the world an international pilot has the time to see
- How Joe’s flight simulator helped one student discover his passion for aerodynamics and how he is now the lead aerodynamicist for a team building a land speed record car
- How air traffic control towers really work
- The ins and outs of owning your own airplane and how fractional ownership is a viable option for some businesses
- Why using a flight simulator is more practical than flying a real plane when instructing new pilots
- How people who have a fear of flying can use a flight simulator to overcome it
- How Reno is the 66th busiest airport in America traffic-wise
- How private pilots have 10 times more available airports for landing than commercial airlines
- How you can designate your IRA as Self-Directed and use it to invest in anything

Joe Rajacic
Partner/Owner of Advanced Aviation Training; Citation Pilot for Reno Flying Service; NASA Special Projects Test Pilot
Outside of aviation, Joe is also an avid car enthusiast in everything from classics, to hot rods, to muscle cars, to sports cars. He’s been a guest lecturer, corporate sponsor, and car show judge at the National Automobile Museum, The Harrah Collection. Joe restores Corvettes and has designed and built custom Harley-Davidson motorcycles. For 8 years, Joe has owned Classic Car Storage of Reno.