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Entrepreneur Stories 4⃣ Inspiration

035: Lobster-Truck Boys on SHARK TANK turn $20k into $20 Million - Jim Tselikis of Cousins Maine Lobster 🚚...

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business, Business:careers

4.7 β€’ 2K Ratings

πŸ—“οΈ 1 January 2021

⏱️ 36 minutes

🧾️ Download transcript

Summary

Jim Tselikis is a Co-founder of Cousins Maine Lobster. He is from the coast of Maine, where he and his cousin Sabin Lomac grew up surrounded by family and lobster. They both moved away (Jim to Boston and The College of the Holy Cross, then a secure job at Stryker orthopedics; Sabin to New York City to study drama before acting his way into a career in Real Estate in LA), then reunited in 2012 to bring the authentic experience of their childhoods to their customers. *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode visit here: Jim Tselikis Interview. ***

Transcript

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0:00.0

You gotta take the leap and take the jump at some point to make it work.

0:10.0

So we said no, they call us again, said no.

0:18.0

Finally the third time you get to produce your call and you know said we'd be making a big mistake

0:23.0

more or less if you didn't come on a show.

0:25.0

This was about a month and a half into our business.

0:27.0

So we said.

0:36.0

My name is Jim Celicus and I am the co-founder and co-owner of Cousins Main Lobster

0:41.0

from a small town outside of Portland, Maine called Cape Elizabeth.

0:44.0

I live in Los Angeles where I run and operate Cousins Main Lobster with my partner and Cousins

0:50.0

Sabre Momec.

0:51.0

Is that how the name came about?

0:53.0

Yeah, it's not the most original name in the world but it gets to the point.

0:56.0

When we started we didn't really know what we were going for.

0:58.0

So we went with the fact that we were Cousins, we were from Maine and we were going to be sound lobster.

1:02.0

Where were you sound lobster?

1:04.0

You know the first place that we actually ever sold the role was in Los Angeles.

1:07.0

I was living in Boston, more kind of a device job, medical devices and my cousin Sabre Mome was in Los Angeles.

1:13.0

So in real estate and I kind of came out here to visit him and have vacation and we decided we wanted to do something together.

1:18.0

And when we landed on this idea we basically said well let's start in Los Angeles versus the Northeast

1:23.0

because the food truck explosion was happening already in LA and ultimately it wasn't nearly as accessible or affordable to get this amazing main lobster product that we had.

1:33.0

So we started out west.

1:35.0

Is there a particular reason you went for lobster versus hot dogs?

...

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