The Tesla of the Sea - Vision Marine Technologies

Interested in starting your own entrepreneurial journey but unsure what to expect? Then read up on our interview with Alexandre Mongeon, CEO of Vision Marine Technologies, located in Boisbriand, QC, Canada.

What's your business, and who are your customers?

Vision Marine Technologies, Inc. (Nasdaq: VMAR) strives to be a guiding force for change and an ongoing driving factor in fighting the problems associated with waterway pollution by disrupting the traditional boating industry with electric power, in turn directly contributing to zero pollution, zero-emission, and a noiseless environment. Our flagship outboard powertrain (E-Motion™) is the first fully electric purpose-built outboard powertrain system that combines an advanced battery pack, inverter, and high-efficiency motor with proprietary union assembly between the transmission and the electric motor design utilizing extensive control software. Our E-Motion™ and related technologies used in this powertrain system are uniquely designed to improve the efficiency of the outboard powertrain and, as a result, enhance both range and performance. Vision Marine continues to design, innovate, manufacture, and sell handcrafted, high-performance, environmentally friendly, electric recreational power boats to customers. The design and technology applied to our boats result in far greater enhanced performance in general, higher speeds, and longer range. Simply stated a smoother ride than a traditional internal combustion engine (ICE) motorboat.

Tell us about yourself

I am the Chief Executive Officer and Director at Vision Marine Technologies. I co-founded the company and have over 25 years of experience in the boating industry, with a background in electrification and battery technology. As the CEO, I oversee the design, manufacturing, and production of our E-Motion technology and electric boats. Our mission is to provide an environmental solution to our waterways by protecting lakes and rivers from gas and diesel pollution.

What's your biggest accomplishment as a business owner?

Moving Vision Marine Technologies from being a private company to getting listed on Nasdaq, a globally recognized exchange, and raising the capital to develop the technology to commercialize the proprietary fully electric powertrain system and outboard motor.

What's one of the hardest things that comes with being a business owner?

Running and managing the expanding corporate structure.

What are the top tips you'd give to anyone looking to start, run and grow a business today?

1. Have a vision and mission statement and just go out and start the business.
2. Have a strong supportive team around you.
3. Don't stop! Continue building.

Where can people find you and your business?

Website: https://visionmarinetechnologies.com/
Facebook: https://www.facebook.com/VisionMarineTechnologies
Instagram: https://www.instagram.com/visionmarine.technologies/
Twitter: https://twitter.com/marine_vision
LinkedIn: https://www.linkedin.com/company/vision-marine-technologies/

If you like what you've read here and have your own story as a solo or small business entrepreneur that you'd like to share, then please answer these interview questions. We'd love to feature your journey on these pages.

Turn your craft into recurring revenue with Subkit. Start your subscription offering in minutes and supercharge it with growth levers. Get early access here.