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The Foundr Podcast with Nathan Chan

94: Building a Multi-Million Dollar Business Around Your Hobby with Alborz Fallah

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 1 June 2016

⏱️ 40 minutes

🧾️ Download transcript

Summary

All entrepreneurs and startups are underdogs in one way or another. After all, in order to be an entrepreneur you're already going against the grain, and in order to be successful you must be willing to challenge the status quo no matter how large or small. But it's not everyday you find someone who manages to completely disrupt a billion-dollar industry with nothing more than a blog, some hustle, and a keen sense for marketing. In this modern day tale of David and Goliath, we speak with Alborz Fallah, who armed only with a blog managed to take on the centuries-old automotive industry and come out on top. Today his blog brings in millions of dollars in advertising revenue and challenges some of the biggest media companies in the world. But it didn't happen overnight. It took some grit and a great understanding of marketing and branding to get to where he is today. Something that he readily shares with us in today's interview. In this week's episode you will learn: Tips on finding the right audience and niche for your product All you'll ever need to know on how to successfully build your brand through trust and customer satisfaction What it means to have a good reputation in your industry Where to go when you're looking for resources to grow your company The best way to foster your brand's community & much more!

Transcript

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0:00.0

This is episode number 94 with Albor's Feller of the Founder Podcast.

0:06.0

Discover exactly what it takes to become a successful entrepreneur and what's possible

0:11.1

through entrepreneurship from the greatest minds in business today.

0:14.9

Welcome to the Founder Podcast.

0:17.1

Here's your host, Nathan Chan.

0:25.6

Thank you. Here's your host, Nathan Chan. Hello and welcome to another episode at the Founder Podcast.

0:30.8

My name is Nathan Chan and I'm your host coming to you live from hometown, cold Melbourne, Australia.

0:39.8

Uh, on the grind again, guys.

0:41.9

I don't know why I do it to myself.

0:43.6

It's 121 a.m.

0:45.9

And, uh, yeah, it's just, uh, just staying afloat.

0:51.5

We've got a lot going on.

0:53.0

Just, uh, got a big trip to the states coming

0:56.2

and i'm really really pumped about that so yeah just trying to get through all the backlog

1:01.4

of stuff that we've got going on growth problems hey but all good quality problems to have now

1:07.4

let's talk about today's guest his name is alborala, and he's the co-founder of a company

1:14.3

called CarAdvice.com. And these guys, what they do is they review cars. And what's really crazy is this

1:25.5

is like his 18th company.

1:31.8

He's failed that many times that this was the one that made it.

1:34.9

Talk about sheer determination and consistency.

1:40.1

And he talks about how he's built this business model and all sorts of crazy things.

1:41.4

You're going to love this episode.

...

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