March 28, 2022

Turning a $3 weekly golf buddy bet into a scaleable business venture - Tom Naramore, CEO at D3Golf.com

42 minutes

"There is a standard side game that many people play called the Nassau bet. There's a wager on the front nine, a separate wager on the back nine and then you add them both together in match play and whoever wins the most holes wins the overall. So it's three separate bets. Craig and I used to play a dollar-dollar-dollar game. That's what we would call it on the first hole. He'd walk up, look at me and say "dollar-dollar-dollar?" and I'd respond "Absolutely!"

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"I had software clients out golfing at the same time that (my now Co-Founder) Craig had financial clients out and we serendipitously wound up at the same restaurant. He saw me, walked up and said, "hey, we should have been able to play our dollar-dollar-dollar game on two different courses" and I snap answered him and said, "Man, I can build that, that's a mobile app. No problem!" ...Tom Naramore, CEO at D3Golf.com

"I met a gentleman by the name of Peter Meng and he spent half an hour showing me his tech. Afterwards all I said to him was, "What do you think about a virtual wallet in a mobile app, two guys playing golf either on the same or different courses? They play, the app does all the math and then the app sends the money to the winner." And that's all I said to him. 24 hours later he called me back. He wrote a business plan, a technical road map for me, a basic marketing plan and voila, the company was started."

Click on the image below to check out our extended conversation with Tom on our Youtube Channel!

Want to learn more about Tom and D3Golf? Visit their website to see how D3Golf has created the mobile app for monetary side games on your local golf course or remotely with players around the country.

You can learn more about and connect with Tom on his bio page.

We want to thank our sponsor partner Golf Genius Software for helping support The ModGolf Podcast

Golf Genius powers tournament management at over 10,000 private clubs, public courses, resorts, golf associations, and tours in over 60 countries. So if you’re a golf professional or course operator who wants to save time, deliver exceptional golfer experiences, and generate more revenue, check them out online at golfgenius.com.

Special Guest: Tom Naramore - CEO at D3Golf.com.

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