John Possumato, Esq. work email
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John Possumato, Esq. personal email
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I am an attorney, start-up entrepreneur CEO, consultant/adviser, motivator/coach, and an author and speaker in the automotive industry.A born curious problem solver and exponential (non-linear) thinker, I have a passion for building and energizing cohesive cross functional teams, and innovative strategic partnerships, among a broad array of diverse constituencies around a common project or goal. A veteran of many start-up ventures, most piloting disruptive technology innovations, I have taken companies from concept, to “bootstrapped” pilot roll out, to venture funded, rapidly scaled growth – from a couple of founders to hundreds of employees, over a short period of time.Having always straddled the world of technology and automotive ventures, I now am fascinated with creating retail mobility platforms that allow all consumers an easy, transparent, risk free digital way to purchase a vehicle. The company I recently founded, DriveItAway, has evolved into the first national dealer focused mobility platform that enables car dealers to sell more vehicles in a seamless way through eCommerce, with its exclusive Pay as You Go app-based subscription program. DriveItAway provides a comprehensive turn-key, solutions driven program with proprietary mobile technology and driver app, insurance coverages and training to get dealerships up and running quickly and profitably in emerging online sales opportunities. In addition, I most recently helped create the Drive For Freedom Foundation, a 501(c) 3 nonprofit created to alleviate the “Poverty of the Carless.”In addition, I act as an adviser to many start-up enterprises, both at inception and at “strategic inflection points,” when stakeholders are looking for a motivating “energizer” or change agent. I have been called by many different organizations, as diverse as automotive manufacturers to use these skills in initiating new projects, or introduce new products, for their retailers, in each case using my motivational ingenuity, during times of economic crises, to the University City Science Center to coach and mentor first time, underrepresented entrepreneurs with an idea and dream.I am at my best creating, motivating and leading entrepreneurial teams, around new ideas, business ventures and disruptive technologies, both in strategic planning and “in the trenches” execution.john@possumato.com
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Founder And CeoDriveitawayHaddonfield, Nj, Us
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Founder & CeoDriveitaway 2017 - PresentHaddonfield, New Jersey, UsDriveItAway, was created to bring new digital purchase and Mobility as a Service options to car dealers, and has evolved into a mission based platform serving what we discovered was the greatest unmet need in the car business, that of integrating and enabling credit or down payment challenged consumers to easily, transparently and in a risk fee way purchase both combustion and electric vehicles.While there is no question that the automotive transportation landscape is changing dramatically, with digital sales and new purchase and mobility options, those at the lower end of the credit spectrum, subprime and deep subprime buyers with little cash for a down payment, are currently shut out these consumer pleasing improvements and technologies. DriveItAway’s app and technology is the only platform in the United States that changes all of that and allows a credit or down payment challenged consumer an even better purchase process for buying a used car than most prime credit candidates. At Driveitaway we equip all automotive retail dealers with the right knowledge and turn-key tools (vehicle telematics, insurance, payment processing), to enter the app based vehicle sales process, but we go one better, in that we offer a comprehensive, subscription to ownership platform that enables anyone to start the purchase process with an in-app rental, where each rental payment accrues towards the down payment, if the renter chooses to buy the vehicle.While this is a new, digital, risk-free way for anyone to buy a used vehicle (the infinite “test drive”), it is the only way many credit/down payment challenged consumers can chose the vehicle of choice, from the dealer of choice, with the process that enables ownership.Automotive retailers around the US, if you want to capture additional sales market share with new EV or credit challenged prospects in a consumer focused, frictionless and riskless way, email me john@driveitaway.com.
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PrincipalAutomotive Industry Consultant And Consultant To Entrepreneurial Start-Up Enterprises Jan 2008 - PresentMr. Possumato is continually looking to enable automotive dealers to engage and profit from new technologies and business models, including the rapidly emerging Mobility as a Service (Car Sharing/Ride Sharing) environment. Believing that at times, new technology driven transportation models are introduced by third party start-ups, where engaged dealers would have a natural economic competitive advantage, Mr. Possumato is dedicated to helping dealers apply these new, profitable business strategies and departments, that ensure their continued central role in satisfying transportation needs, including the new "Mobility as a Service" Car Sharing and Ride Sharing, "revenue per mile" structures. In addition to his work as an automotive industry consultant and start¬up business attorney, Mr. Possumato most enjoys being a hands-on adviser to entrepreneurial start-up enterprises, and for repeated years has served as an “Entrepreneur in Residence” at the Wharton School at the University of Pennsylvania. Mr. Possumato also acts as a product marketing specialist and motivator, and, throughout his career, has been frequently asked to introduce new product and business initiatives by some of the largest automotive manufacturers. Possumato is also a noted automotive industry author and speaker, regularly published in numerous trade publications, and speaking regularly at national industry events. He can be reached at john@possumato.com.
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Chief Executive OfficerAutomotive Mobile Solutions Llc Jun 2012 - 2018Advanced Mobile Solutions LLC, also know as Automotive Mobile Solutions, began as the first mobile technology "incubator" and a provider of mobile marketing strategic consulting, customized mobile marketing platforms and tools, and mobile proximity marketing, focused primarily on the needs of automotive retailers. Later, after developing many ground-breaking mobile marketing tools, it expanded its reach to include all retail business enterprises. The company has two affiliated division, to concentrate on the two fastest growing areas of mobile marketing – Dealer Mobile Solutions, which focuses on facilitating the roll out of its new two-way SMS/MMS commercial Text Chat and Web Chat communication platform (Sales TextChat®, Service TextChat®), and LeadsBeacon/BeaconSnap, which is pioneering the implementation of proximity marketing (geo-fencing and beacon technology), through customized apps, Mobile (Apple/Google) Wallet, and Physical Web technologies. Note: all of these new technologies can be found on the CDK Global "Approved Partner Program."The company’s latest innovation, ThinkALease, is the first dealer site installed “widget” to automatically calculate used car lease payments, providing full disclosure and instant updates as customers change lease terms, desired mileage, etc. (with an insurance backed guarantee for accuracy) – this eliminates the arduous manual used vehicle lease calculations and so increases a dealership’s used vehicle lease consumer interest, volume and profits.
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Founder/Vice ChairmanCorporation Of Automotive Remarketing, Inc. Sep 2001 - Dec 2008Developed the first Web site in the automotive industry to organize and aggregate off-lease and off-rental vehicles of fleet remarketers (commercial lessors, corporate fleets), selling them "upstream," garnering higher revenues of $500-$1,500 per unit sold to the sellerForged innovative strategic partnerships with JD Power/Power Information Network, and various other industry category leaders.Spearheaded national public relations campaign for business and trade press; company featured in a Wall Street Journal article (see http://bit.ly/driveitaway), and in numerous feature article in automotive trade magazine, including: Automotive Fleet, Fleet Financials, Used Car News, Automotive Remarketing, and others.
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Co-Founder, President & CeoWired Business, Inc. Nov 1999 - Dec 2001Researched, developed & co-founded start-up Internet Service Provider focused exclusively on providing in-building high-speed Internet access and services to small and mid-sized business in commercial office buildings.Initiated, negotiated and closed seed round funding with private investment firm, RMS Investments, March 1999.Negotiated and closed first round Series A of venture capital funding, $5M, from Norwest Venture Partners and Dolphin CommunicationsEstablished track record for the company that enabled venture investors to raise second Series B round of funding of over $12M. -
Ceo & FounderItd, Inc. 1999 - 1999ITD - Part ICreated ITD (Instruction, Training & Design), Inc., as vehicle for offering consulting, design and training on sales and marketing programs to automotive manufacturers. During this period worked on a number of major sales and marketing projects for Ford Motor Company, General Motors, and Jaguar Cars, including the following:Jaguar CarsJaguar Business Advantage Program - Created turnkey commercial sales initiative for manufacturer's dealer based sales distribution channel.- Developed needs assessment and task analysis for pilot training seminars.- Conducted initial pilot course and subsequent national roll out courses for franchised dealers.- Provided on-site dealer consulting and implementation procedures.- Designed and developed platform for unifying dealer Internet presence.
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Ceo & FounderItd, Inc. 1998 - 1998ITD - Part IIGeneral Motors CorporationBusiness Vehicle Services - Conducted and interpreted up-front research and developed overall course objective, implemented simulation and pilot course, and developed formative and summative course evaluations, for manufacturer's dealer based sales distribution channel.- Created and implemented dealer seminars for Buick, Cadillac, Chevrolet, Oldsmobile and Pontiac-GMC dealers (the first time five divisions united in a single dealer development program).- Created and conducted special introductory commercial sales seminar for national Cadillac Division Sales Manager and all line brand managers.
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Ceo & FounderItd, Inc. 1998 - 1998ITD - Part IIIFord Motor Company & Marketing Associates, Inc.Business Preferred Program & Mainstreet Program - Created business, training and general operations modules for major update of multi-division commercial sales initiative, Business Preferred.- Developed training course for Business Preferred dealer seminar.- Successfully merged the Lincoln Mercury Mainstreet Program and newly created Ford Motor Company Business Preferred initiative.- Designed and implemented new technology focus of the commercial sales program.- Conducted on-site dealership consulting for Lincoln Mercury Mainstreet initiative to key Lincoln Mercury dealers.- Updated "Mainstreet" small commercial sales module for Ford Division Program, and created the independent Lincoln Mercury Division "Mainstreet" Program.- Introduced new Lincoln Mercury Mainstreet Program in a special dealer gathering at the national Lincoln Mercury new car dealer show.
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Dealer PrincipalJohnny'S Chrysler Plymouth 1995 - 1998Owned and Operated one of the fastest growing Chrysler Plymouth franchise dealerships in the nation.Grew new unit volume from 140 vehicles annually ($1.6M sales), to over 5700 units a year (over $50M in sales), in less than a 36 month time period, ranking 5th highest volume Chrysler Plymouth franchise in the nation by Automotive News Magazine.Maintained highest Customer Satisfaction Index ("CSI") ranking in the region, top five in the nation.Recognized by Wharton Small Business Development Center, Automotive News Magazine, and Automotive Fleet Magazine for sales growth and CSI distinctions, including designation as the 2nd fastest-growing small business in NJ and one of the top fleet and commercial dealers in the nation.
John Possumato, Esq. Skills
John Possumato, Esq. Education Details
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The Wharton SchoolEntrepreneurial Management -
University Of Pennsylvania Carey Law SchoolCorporate Law
Frequently Asked Questions about John Possumato, Esq.
What company does John Possumato, Esq. work for?
John Possumato, Esq. works for Driveitaway
What is John Possumato, Esq.'s role at the current company?
John Possumato, Esq.'s current role is Founder and CEO.
What is John Possumato, Esq.'s email address?
John Possumato, Esq.'s email address is po****@****ted.net
What is John Possumato, Esq.'s direct phone number?
John Possumato, Esq.'s direct phone number is +185657*****
What schools did John Possumato, Esq. attend?
John Possumato, Esq. attended The Wharton School, University Of Pennsylvania Carey Law School.
What are some of John Possumato, Esq.'s interests?
John Possumato, Esq. has interest in Lee Hyundai, Champion Chevrolet, Mg Autodetail, Andy Adler, A C Collins Ford, Melrose Corvette, Lauren Scala, Epic Ford, Community, Nadia Dawn Dhawan.
What skills is John Possumato, Esq. known for?
John Possumato, Esq. has skills like Start Ups, Strategic Partnerships, Marketing, Crm, Sales Management, Entrepreneurship, Customer Retention, Sales, New Business Development, Management, Automotive, Marketing Strategy.
Who are John Possumato, Esq.'s colleagues?
John Possumato, Esq.'s colleagues are Adam Potash, Imran M., John Possumato.
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