Tim Costello · operator, builder, industry transformer
He walks into fragmented, stuck industries and leaves them transformed. Cars. Chips. Homebuilding. Now magnetics. If your industry is a thousand small players waiting for someone to build the platform, that is the job he does.
A sponsor buys a dozen companies and hopes they add up. Tim does the opposite. He is an operator first — he has run the factory floor, launched the product, and built the shared platform a whole industry stands on. He consolidates from the inside: on the operations and the technology, not just the balance sheet. That is why his transformations stick.
Six moves, run over and over across four industries. They travel.
Find the fragmented segment, map the targets, and lay out the path to a single platform that out-serves every small player.
Move manufacturing from a craft system to lean, flow production. He did it to the semiconductor industry itself.
Build the digital and data layer a fragmented industry cannot build alone, then let every participant run on it.
Bring the thing that does not exist yet to market. He launched the first modern electric car decades early.
Own the IP and the design tools, now AI-enabled, so the platform is not a commodity.
Turn one-off equipment and service sales into software, data and IP subscriptions that compound.
Each of these was a different industry with a different problem. The pattern underneath is the same.
Long before the EV era everyone now takes for granted, Tim oversaw the launch of the GM EV1 — the first modern electric car. Bringing a category into existence, against an entire industry's inertia, is the skill the rest of his career is built on.
At the world's largest maker of semiconductor equipment, Tim drove the transformation of the industry's manufacturing from a craft system into lean, flow production. That shift is part of what made the acceleration of the modern digital world possible, and his work in lean transformation was recognized with the Shingo Prize.
In 2000 Tim founded Builder Homesite as a consortium of rival national homebuilders — Lennar, PulteGroup, KB Home, Beazer and more — and got fierce competitors to stand on one shared technology platform, built and run with his longtime partner Melissa Morman. He created NewHomeSource, the category-defining new-home marketplace, and BDX, the industry's digital-marketing engine.
He led it for 22 years. At scale it served more than 1,300 builders responsible for over 60% of the homes built in the United States. The platform he built was sold to Zonda in 2024, and is now part of CoStar's $800M acquisition of Zonda.
As Chairman and CEO of Polymagnet (Correlated Magnetics), Tim is commercializing programmable magnets — magnets whose field is designed for the application, cutting rare-earth material and creating functions a conventional magnet cannot. And he is running the live playbook: consolidating the fragmented, undercapitalized magnetics-equipment industry into the Applied Materials of Magnetics.
Sugarloaf Mountain Lodge is a 5,000 square-foot, 4.97-star lodge on a thousand-acre ranch near Leadville, Colorado, with Mount Elbert and Mount Massive views — paired with Leadville Offroad Adventures for stay-and-ride. A direct-booking business built and run from the ground up, same instincts, different industry.
"You are the only can-do company we have talked to in the magnetics industry."
— CTO, U.S.-based wind turbine company, on working with Tim's team
The current decks, each with speaker notes built in.
Agile design of advanced magnetics: how maxels are written, the operating window, circuit optimization and new frontiers.
Download .pptxThe opportunity, the technology, the traction, the pro forma and the ask.
Proprietary & Confidential
Download .pptxThe full roll-up thesis, the targets, and the value-creation plan.
Proprietary & Confidential
Download .pptxTim's track record is public. A few starting points.
Twenty minutes with Tim on whether your market is a roll-up waiting for an operator.
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