Building A Business with A $200 Facebook Post, Ep #290 of Entrepreneurship Elevated

8 Feb 2020 · 41 min
41:16

In this episode of Entrepreneurship Elevated, host Mike Michalowicz interviews Ollie Terai, founder and CEO of Future Golf, a rapidly growing Australian golf community that began with a $200 Facebook post in 2014. The conversation covers the origin story, the two‑sided marketplace model that connects young golfers with partner courses, membership tiers and pricing (starting at $250 with free rounds), the impact on the Australian golf industry (generating $6‑7 million in new revenue and converting 20 % of members to full club memberships), growth metrics (3,200 members, 80 partner clubs, a database of 30‑40 k prospects), challenges in building relationships, automation, and scaling, and the strategic considerations for expanding into the United States (legal setup, market differences, targeting public and private courses, regional rollout). The hosts also discuss broader themes such as the value of middle‑man platforms, the importance of mutually beneficial partnerships, and lessons learned from early‑stage hurdles. The episode is interspersed with informal banter and a light‑hearted game, but the core content provides a detailed case study of how a low‑cost, community‑focused startup can disrupt a traditionally elite sport.

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