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Share EP 19: Sabin Lomac & Jim Tselikis — Taking Cousins Maine Lobster From An Idea To A Multi-Million Dollar Biz
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EP 19: Sabin Lomac & Jim Tselikis — Taking Cousins Maine Lobster From An Idea To A Multi-Million Dollar Biz
The idea for Cousins Maine Lobster originated over a night of drinking and a visit between two cousins, Sabin Lomac and Jim Tselikis. Jim had trekked out to visit Sabin in L.A., and a few drinks into the night, the conversation grew nostalgic as they reminisced about their shared Maine childhood.
“We decided that we wanted to do something creative. We wanted to work together. And the more we drank, the more nostalgic we got about our childhood. And that led to lobster,” Sabin recalls.
Opening a restaurant seemed too daunting, with long leases and big buildouts. This was 2012 in L.A., and gourmet food trucks were just beginning to arrive on the scene. The cousins figured they could buy one for around $60,000.
“Let’s put a truck on the street. Let’s represent our home state. What we wanted really was just to recreate our childhood,” Jim adds. “We were privileged to have grown up with the best lobster in the world and we wanted to bring it to other areas… at the end of the day, it was a passion project. Something we could do together, have fun with, represent our home state of Maine, and see where it goes.”
Ten years, one “Shark Tank” investor, 50 food trucks and a franchise later, and the cousins have created a multi-million dollar business. In this episode of the Working For a Dream Podcast, Jesse Lee tells Patrick how she made it big in network marketing after starting at zero — and how she ultimately created success on her own terms.
What You’ll Learn:
- How the question “what would make our moms happy?” led the cousins to develop such a successful business idea
- How they managed to stay cool, calm and collected in the Tank
- What it’s like to have Barbara Corcoran as an investor
- And much more!
Favorite Quote:
“That’s one of the things we were taught, is like, hey. You may not know everything. We always say we didn’t go to business school. We didn’t have any restaurant experience. But what we did have was passion. This had a lot of meaning for us, because it was about our family.”
— Jim Tselikis
How to Get Involved:
Connect with Sabin and Jim:
Cousins Maine Lobster
Connect with Patrick:
View all episodes
By Patrick Bolanos
4.9
6464 ratings
The idea for Cousins Maine Lobster originated over a night of drinking and a visit between two cousins, Sabin Lomac and Jim Tselikis. Jim had trekked out to visit Sabin in L.A., and a few drinks into the night, the conversation grew nostalgic as they reminisced about their shared Maine childhood.
“We decided that we wanted to do something creative. We wanted to work together. And the more we drank, the more nostalgic we got about our childhood. And that led to lobster,” Sabin recalls.
Opening a restaurant seemed too daunting, with long leases and big buildouts. This was 2012 in L.A., and gourmet food trucks were just beginning to arrive on the scene. The cousins figured they could buy one for around $60,000.
“Let’s put a truck on the street. Let’s represent our home state. What we wanted really was just to recreate our childhood,” Jim adds. “We were privileged to have grown up with the best lobster in the world and we wanted to bring it to other areas… at the end of the day, it was a passion project. Something we could do together, have fun with, represent our home state of Maine, and see where it goes.”
Ten years, one “Shark Tank” investor, 50 food trucks and a franchise later, and the cousins have created a multi-million dollar business. In this episode of the Working For a Dream Podcast, Jesse Lee tells Patrick how she made it big in network marketing after starting at zero — and how she ultimately created success on her own terms.
What You’ll Learn:
- How the question “what would make our moms happy?” led the cousins to develop such a successful business idea
- How they managed to stay cool, calm and collected in the Tank
- What it’s like to have Barbara Corcoran as an investor
- And much more!
Favorite Quote:
“That’s one of the things we were taught, is like, hey. You may not know everything. We always say we didn’t go to business school. We didn’t have any restaurant experience. But what we did have was passion. This had a lot of meaning for us, because it was about our family.”
— Jim Tselikis
How to Get Involved:
Connect with Sabin and Jim:
Cousins Maine Lobster
Connect with Patrick: