Real Estate Institute of NSW Journal
Introduction
Entrepreneur, Inventor & former Real Estate Agent, Costa Koulis has made his innovation secrets available to corporations large and small. From inventing a world first, to being fired from the company he founded, his 'real world' insight into the highs and the challenges of innovation is truly rare and he is now available as an Innovation Mentor to give your business the edge.
About
Costa Koulis invented 'Live Board', the world's first digital real estate 'for sale' sign. He won industry recognition in just his first year of business, when winning the inaugural Real Estate Institute of NSW Award for Excellence in Innovation, in 2005. As typical with most successful inventions, it was a long commercialisation path spanning many years. Being a world first, Costa Koulis had to create most aspects of the business from scratch.
In 2010 his patent was finally granted and in May that year, he sold his real estate agency to focus full time on 'Live Board'.
Within just 18 months, he built the 'production version' of Live Board and in February 2012, he released this Live Board investor video (click to watch), with footage of his digital and remotely updateable 'for sale' sign in action. Shortly after, Costa appointed a director named Pierce Cody, to Live Board Holdings Limited, to assist in finalising a timely street launch of 'Live Board' across Australia.
However in September 2013, there was an invalid share issue by Pierce Cody and his co-directors, Richard Ochojski and Finola Burke. It diluted the majority shareholding of Costa Koulis, just prior to a scheduled shareholder's meeting at which Pierce Cody was set to be removed as director.
Costa was fired from Live Board Holdings Limited and on that same day, the product he invented was renamed by Mr Cody from 'Live Board' to 'Cody Live'. Soon after, Mr Cody then falsely presented himself as the inventor of "the world's first digital real estate sign" to the public and to the real estate industry (Click here to view Sydney Morning Herald article).
Mr Cody and his co-directors then placed Live Board Holdings Limited (trading as Cody Live) into voluntary administration. They subsequently purchased all the assets of Live Board Holdings Limited at a discount of at least $3.8 million, using the voluntary administration process and our court system to do it.
Mr Cody continues to promote Cody Live Pty Ltd and still continues to make false and deceptive statements to the media and public, using the assets he obtained from Live Board Holdings Limited. The case against him and Cody Live Pty Ltd continues.
Costa Koulis is now campaigning the Australian government to protect other entrepreneurs and innovation, from the events at Live Board Holdings ever happening again.
Costa is involved with new disruptive innovation and enjoys assisting other entrepreneurs.
His business insight into a journey of innovation, from concept to patent and award winning industry recognition is truly rare.
It is not often that you see such a traditional industry as real estate being disrupted, with such a leap forward in innovation.
Get the winning edge for your business
Consulting with an entrepreneur that has innovated in the real world is priceless for your organisation.
Costa Koulis can assist your business by:
- Using innovation to break through into new markets and new revenue possibilities.
- Assisting you in creating an innovation from scratch or to take an existing innovation to new heights.
- Creating and commercialising intellectual property.
- Showing you how to sell your innovation to your existing market or to a new market altogether.
- Using innovation to position your business as a leader in its field.
To enquire about using the services of Costa Koulis for your Business (startup, medium or large) or Government Department, click the button below:
Consulting with an entrepreneur that has innovated in the real world is priceless for your organisation.
Costa Koulis can assist your business by:
- Using innovation to break through into new markets and new revenue possibilities.
- Assisting you in creating an innovation from scratch or to take an existing innovation to new heights.
- Creating and commercialising intellectual property.
- Showing you how to sell your innovation to your existing market or to a new market altogether.
- Using innovation to position your business as a leader in its field.
To enquire about using the services of Costa Koulis for your Business (startup, medium or large) or Government Department, click the button below:
For all media enquiries about Costa Koulis, click here
