This week, Tim Ryan and Zack Miller chat with Marouane Sadoq, Chief Executive Officer at Green Light Auto Auctions. Green Light Auto Auctions is a virtual auction place for people who want to sell their cars fast, convenient, and for the most money. Green Light Auto Auctions understands that buying and selling cars can be time-consuming and stressful, so they’ve created a platform that makes it easy and convenient for our users. Watch this week’s episode to hear about how Green Light Auto Auctions helps people get the most for their cars fast, what happens when you trade into a dealer, and much more!
Show notes:
(0:00) Introduction
(4:17) Travel problems + being prepared
(9:03) Who is Marouane Sadoq, and what is Green Light Auto Auctions
(14:15) Inspection Process
(18:39) Marouane’s background and creating a solution
(27:32) Competition within the industry
(32:35) Marketing to gain new customers
(40:07) Total Addressable Market in used car market
(49:04) Learning from other businesses
(54:31) Capital One Accelerator Program
(59:02) Conclusion
About Marouane Sadoq & Green Light Auto Auctions:
Marouane Sadoq, Chief Executive Officer at Green Light Auto Auctions. He was a software engineer who turned a car dealer and is now trying to combine both trades to create transparency in the industry that lacks that. Green Light Auto Auctions’ goal is to create a transparent marketplace for dealers and private owners to trade cars where dealers get a new source of inventory. And for private owners, a marketplace that will guarantee them the best offer for their car without having to leave their homes.
Green Light Auto Auctions enables individuals to buy and sell their cars seamlessly and at the most favorable prices. The platform provides a hassle-free means for car buyers and sellers to connect and conduct transactions online. Recognizing that buying and selling cars can often be time-consuming and stressful, Green Light Auto Auctions has established a user-friendly platform that streamlines the experience. The website showcases an extensive range of top-quality vehicles, encompassing classic cars to contemporary sports cars, offering buyers an opportunity to discover their ideal vehicle.
Learn more: https://greenlight-auctions.com/company/
About the hosts:
Tim Ryan is an angel investor and the Executive Director of Innovate Hampton Roads, an organization dedicated to connecting entrepreneurs with resources in Hampton Roads, Virginia. Tim also serves as the Director of REaKTOR, a space for technology-based startups to start and grow.
Zack Miller is a serial entrepreneur and author of Anomaly, a guide on differentiating yourself and your business from the crowd.
Enjoy the show? Watch the Fervent Four Show LIVE every Thursday at 11 AM.
Live: https://www.innovate757.org/live/
Watch past episodes: https://www.innovate757.org/fervent-four-show/
Listen to past episodes: https://fathom.fm/podcast/fervent-four
The Fervent Four Show:
Did you know that only 4% of businesses hit $1M in revenue? Tim Ryan and Zack Miller are the creators of The Fervent Four Show, designed to help you get there. Check them out Live every Thursday at 11 AM.
Social Media:
Marouane Sadoq
https://greenlight-auctions.com/
Instagram: @greenlight.auto.auctions: https://www.instagram.com/greenlight.auto.auctions/
Facebook: https://www.facebook.com/greenlight.auto.auctions?mibextid=LQQJ4d
LinkedIn: https://www.linkedin.com/company/green-light-auto-auctions/ & https://www.linkedin.com/in/marouane-sadoq-2b067237/
Tim Ryan
https://www.innovate757.org/
X (personal): @ryantnt (https://twitter.com/ryantnt)
X: @Innovate757 (https://twitter.com/Innovate757)
Instagram: @InnovateHamptonRoads: https://www.instagram.com/innovatehamptonroads/
LinkedIn (personal): https://www.linkedin.com/in/ryantnt/
LinkedIn: https://www.linkedin.com/company/innovate757/
Facebook: https://www.facebook.com/Innovate757
Zack Miller
https://www.zackmillersays.com
X: @zackmillersays (https://twitter.com/zackmillersays)
Facebook: https://www.facebook.com/zackmillersays
Thanks to our Sponsors:
Innovate Hampton Roads – https://www.innovate757.org/
Companies Mentioned:
Green Light Auto Auctions: https://greenlight-auctions.com/
Start Peninsula: https://www.startpeninsula.com/
Start Peninsula Pitch Perfect: https://bit.ly/SP23PP4
Pitch Perfect (2012): https://www.imdb.com/title/tt1981677/
Netflix: https://www.netflix.com/
American Airlines: https://www.aa.com/homePage.do
Bruce Almighty: https://www.imdb.com/title/tt0315327/
A.K. Schultz: https://www.linkedin.com/in/a-k-schultz-9b5b899
SVT Robotics: https://www.svtrobotics.com/
Swisslog Logistics Inc: https://www.swisslog.com/en-us
Tesla: https://tesla.com/
Carvana: https://www.carvana.com/
Carmax: https://www.carmax.com/
Capital One Accelerator Program: https://www.capitalone.com/about/newsroom/accelerator-program/
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