TThe Foundr Podcast
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01 January 2026

619: Airline Charged Me $65 - So I built a $250M Competitor

4Frameworks
9Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Explainer· 1

Explainer36:30

Why COVID Freight Surcharges Outlasted Lockdowns

Uertitt attributes the initial freight-price rise to lost passenger-flight cargo capacity and booming e-commerce demand, which forced greater use of dedicated aircraft. He further claims logistics companies were reluctant to surrender the added surcharge revenue after passenger capacity returned. Send My Bag was still dealing with COVID-related surcharges into summer 2023.

  • Passenger aircraft normally provide cargo capacity alongside travellers
  • Reduced passenger schedules increased reliance on dedicated freight aircraft
  • E-commerce demand added further pressure on capacity and prices
  • Uertitt says some Australia lanes reached about A$6 per kilogram in surcharges
  • A 30-kilogram bag could therefore attract roughly A$180 in additional cost

the lack of air passenger flights that took place during 2020 and 2021. one that really forced up freight prices

Adam Uertitt · 36:30

we were still dealing with sir charges to do with COVID through to the summer of 2023

Adam Uertitt · 38:00
#freight#pricing#covid

Story· 4

Story01:30

A £50 Excess-Baggage Charge Sparked Send My Bag

After being charged £50 for a few excess kilos on a flight from England to Northern Ireland, Adam Uertitt noticed that other passengers were equally frustrated. His prior experience shipping musical instruments showed him that existing freight networks could move luggage more cheaply, so he wrote down the Send My Bag idea on the flight home and built a basic website for about £100.

  • The initial problem was a £50 charge for a small amount of excess weight
  • Uertitt had already learned international shipping through a music business
  • An online search suggested there was no equivalent consumer service
  • The first website cost about £100 and was built without prior coding skills

I just couldn't help thinking there had to be another way that this could be done

Adam Uertitt · 02:00

I actually wrote down on the plane on the way home send myag.com

Adam Uertitt · 02:30
#origin story#luggage#bootstrapping
Story27:00

The Overnight Rescue of a Warehouse Full of Stock

In Uertitt's earlier music business, a warehouse operator warned that liquidators would arrive the next day and might seize all stored stock. He flew to England, secured a replacement fulfilment partner, and made the new contract conditional on vehicles arriving at 6 a.m. to remove the inventory before the site was locked.

  • A supplier bankruptcy threatened inventory Uertitt says could have collapsed the business
  • He travelled immediately rather than waiting for the legal process
  • The replacement warehouse had to supply the rescue vehicles
  • The stock was moved before access could be blocked

Oh, this is gonna collapse my entire business

Adam Uertitt · 27:30

we got all our stock moved there and we lived to fight another day

Adam Uertitt · 28:00
#crisis management#inventory#negotiation
Story28:00

Brexit Cost Send My Bag 40,000 Annual Shipments

Uertitt says post-Brexit customs processes between Great Britain and Europe removed about 40,000 shipments a year from a strong holiday-luggage business. He presents the shock as a major external setback, while also stating that revenue elsewhere allowed the company to remain profitable and record at least fractional annual growth.

  • The affected trade was primarily Great Britain to European holiday destinations
  • Changed customs processes sharply reduced the viability of those routes
  • Uertitt reports a loss of 40,000 shipments per year
  • He says growth in other countries offset the decline

we lost 40,000 shipments a year

Adam Uertitt · 28:30

we have grown even if only fractionally every single year

Adam Uertitt · 31:00
#brexit#resilience#logistics
Story29:00

COVID Travel Disruption Created Repatriation Demand

Send My Bag became quiet for roughly four to six weeks after the initial rush around lockdown announcements. Uertitt then saw demand from people who had returned home without all their belongings, and the company created campaigns focused on getting those items back. He also describes helping Cirque du Soleil repatriate the belongings of about 500 performers through regional consolidation points.

  • The first lockdown produced a brief rush followed by a quiet period
  • The company targeted people separated from belongings left abroad
  • Lower competition for travel advertising improved campaign reach
  • Cirque du Soleil belongings were consolidated in Sydney, Antwerp, and Las Vegas

we helped them repatriate 29 30 the belongings of something like 500 of their performers

Adam Uertitt · 29:00

it just felt like there might be an opportunity to help people get some of the stuff that they've left behind

Adam Uertitt · 34:00
#covid#repatriation#demand shift

Takeaway· 4

Takeaway18:00

Startups Can Negotiate Premium Media Inventory

Uertitt says media owners often have unsold inventory and may negotiate with a smaller company, even when their published pricing targets multinational advertisers. His practice is to meet sellers in person and demonstrate that a low offer comes from a serious buyer who can complete the deal.

  • Media owners may discount inventory rather than leave it unsold
  • In-person engagement can signal that a low offer is credible
  • Send My Bag bought placements across television, airlines, and airports
  • The guest says the company did not pay the rates charged to the largest advertisers

these media owners have a lot of media to sell and they will work with you

Adam Uertitt · 18:00

I will go to the airport, meet the people who are selling the media

Adam Uertitt · 19:30
#advertising#negotiation#media buying
Takeaway36:00

Multiple Markets Let the Business Follow Reopenings

Countries reopened on different schedules after COVID restrictions. Because Send My Bag had already established customers across multiple countries, Uertitt says it could shift attention toward each market as movement resumed instead of depending on a single national recovery.

  • National reopening schedules varied materially
  • An existing customer base made each market easier to reactivate
  • The company leaned into the United States and United Kingdom as they reopened
  • Geographic breadth reduced dependence on one travel market

we could lean into different countries at different times

Adam Uertitt · 36:00

once America announced it was opening we could say to America right you can send stuff again

Adam Uertitt · 36:00
#diversification#international#covid
Takeaway39:00

Thin Margins Protected Repeat and Referral Economics

During the freight-cost spike, Send My Bag passed surcharges through at cost, absorbed part of them, and accepted very slim margins where necessary. Uertitt justified that choice with company figures he reports: 42% of the next day's customers had used the service within the previous five years, while 85% said a customer referral brought them to the company.

  • The company says it did not mark up the emergency surcharges
  • Some costs were absorbed to keep shipments moving
  • Uertitt reports a 42% returning-customer figure for the next day's demand
  • He reports that 85% of customers attributed discovery to a referral
  • The policy prioritised the future customer relationship over immediate margin

We also know that 85% of our customers tell us that they've came to us through a referral from another customer

Adam Uertitt · 39:30

We're happy to go down to very slim margins where we needed to

Adam Uertitt · 39:00
#retention#referrals#unit economics
Takeaway45:30

Past Experience Made the Luggage Opportunity Executable

Uertitt argues that failures and operating experience accumulate into a base of knowledge that improves later execution. In his case, the airline charge exposed the opportunity, but his experience sending violins through freight systems is what allowed him to recognise that luggage could use the same infrastructure.

  • The triggering event alone did not supply the solution
  • Prior logistics experience made the new model legible
  • Uertitt treats both minor and major failures as reusable learning
  • Repeated execution increases readiness when a suitable opportunity appears

minor failure or major failure It's all a learning experience

Adam Uertitt · 45:30

when you see the opportunity you have the the 47 30 ability now to execute on it

Adam Uertitt · 47:00
#experience#opportunity#entrepreneurship