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The Foundr Podcast with Nathan Chan

12: Building a Car From Scratch and Selling it - The Tom Car Story

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8662 Ratings

🗓️ 11 December 2014

⏱️ 43 minutes

🧾️ Download transcript

Summary

David Brim never meant to get into the car manufacturing business. He initially planned to import and sell the Tomcar Australia — an Israeli military vehicle — in Australia, but as things snowballed he found himself running a full-fledged business selling highly customized ATVs to defense, agriculture, mining, emergency services and the odd individual.   “Once we’d started we loved it. Nine years later we’re selling cars across Australia and people are loving it.”   Speaking to Foundr along with Tomcar Australia CMO Steve Sammartino, he says they were just a couple of car fans who stumbled into a staid industry. The pair met at a startup event — a “profitability party” of all things — where Sammartino was suitably impressed by the fact that Brim’s startup made real tangible products, and one thing led to another.   “Sammartino here gives a fantastic talk … To start a car company in Australia you need two things. You need no idea what you’re doing, ‘cause if you did you wouldn't do it. You need no money, ‘cause if you did have money you wouldn’t spend it on starting a car company,” he laughs.   In this interview you will learn:   -How to develop a strong story for your startup and make it "newsworthy" -The importantance of product development and how to create something people love -How to sell a $30,000 ticket item online -How to make people fall in love with your brand and develop a community -What it takes to build a car from scratch -Disrupting an industry   I Need Your Help! If you haven’t already, I would love if you could be awesome and take a minute to leave a quick rating and review of the podcast on iTunes by clicking on the link below. It’s the most amazing way to help the show grow and reach more people! Leave a review for the Foundr Podcast!

Transcript

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0:00.0

This is episode number 12 for the Founder Podcast.

0:05.1

What you need is thirst.

0:06.9

You need to be a thirsty human.

0:08.9

Who is intent on learning.

0:10.9

It's a really fascinating exploration of human potential.

0:16.8

The Founder Podcast.

0:19.7

Even the greatest entrepreneurs had help.

0:22.7

If you want to learn from the most successful founders on the planet, you are in the right place.

0:28.4

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Huffington, Steve Case, Gary V, Sophia Homeroso, Barbara Corcoran, Damon John.

0:35.4

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:40.0

This is not your average entrepreneur podcast. The Founder Podcast.

0:49.3

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:56.8

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:02.5

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:08.6

you name it. We put out so much content to help you. And another interesting

1:12.7

project that we're working on right now is partnering with world-class founders like

1:17.4

Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial skills like

1:23.6

negotiation, finance, e-commerce, and so much more.

1:28.9

So if you'd like to get access to these free trainings with founders like this, which is

1:34.3

100% free, just go to founder.com forward slash free.

1:39.1

Okay, so now let's talk about today's episode.

1:42.5

Hello and welcome to the founder podcast. Thank you again for

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