The Mentor

Mark Bouris

  • 26 Answers
  • 40 Articles

Mark Bouris is one of Australia's business leaders, with decades of success and experience in financial services and technology. Mark pioneered securitisation via his Wizard Home Loans business, teaming up with major distribution partners across Europe to provide cheaper mortgages and undercut the banks. In 2004 the mortgage book of Wizard had grown to over $19 billion and the business was subsequently sold to General Electric for over $500 million. Post his departure from Wizard, Mark saw another opportunity within consumer finance. Struggling independents were either being wound up or sold to larger institutions, resulting in far less competition. Armed with his profile and a new holistic wealth model, Mark set up Yellow Brick Road, which is now an ASX listed company with annual revenues of over $165 million. In recent years Mark’s focus has broadened to industries across; technology, biotech, resources and media – holding executive and non-executive positions in each. Mark is passionate about growing small business and innovation in Australia, and is currently chairing the government's Small Business Digital Taskforce pioneering change in the sector.

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Meet Mentor: Mark

Questions Mark has answered

1 vote
5 answers

Help with growing a business

I have a cafe/bar in a prime location with the best outlook of Bondi Beach. Unfortunately when signing up to my dream location, I was super naive and didn't know I could have negotiated some of the lease terms (rent free period, seasonal adjustments etc) when entering the business. I have been paying full rent from the get go and chasing dollars on the daily. I recently had a change in landlord but he insists that he will not negotiate any terms to help support the business. The location is a tourist hot spot, the view is priceless, and it's in one of the most affluent neighborhoods in Sydney. However, finding the right concept with minimal costs, securing reliable staff, and getting access to enough cashflow to survive another day is a struggle when the tourist season is over. I've had the business now for just over a year and it makes a small profit but this does not afford me a lifestyle - especially in Sydney. I've been considering taking on a business partner but so far in, I'm not 100% sure of the best way to structure this given that I have put 100% investment, risk & time into the business. Do you have any recommendations for how to take on an investor or structure a partnership?

1 vote
1 answer

How to engage and entice new customers

Hello all, I hope you are well. I am currently assisting my mother with her small business She hand makes quilts, book bags and clothes for children. I have an advertising background however I can't seem to attract new customers for her. She is so passionate about her work and is truly talented. I want her to be able to make a living from her passion! Please let me know if you have any advice, it would mean the world to myself and my mother. Many thanks, Francine

0 votes
3 answers

Tight Advertise

I operating a boat wrapping business have low income and huge dreams i put stickers on boat trailers at 6 different locations have over 1.9k likes and still growing people leaving fantastic reviews on facebook and on other we are using 3M vinyls high gloss finish with UV protection from USA best vinyl over 400 different designs to choose from but its just not selling and boat building business and boat yards say they want our work but im not selling enough to survive what can i do differently to succeed in more sales to support my family and community or will we need someone to invest in us how can i go from home business to 7 shops in 2 years over Brisbane please let me know what you think.

Advice by Mark

Mark Bouris talks exit strategies - how to make one, and why they're necessary

Mark discusses the importance of thinking about your business exit strategy right from the beginning Read more.

Mark Bouris | 18 April 2018

Mark Bouris looks at the family behind Ubiquitous Realty

The leadership dynamic that rules the family roost doesn't necessarily translate into a workable business structure. Read more.

Mark Bouris | 18 April 2018

Mark Bouris: Finding good business partners is vital for success

Mark discusses the role of partners in a business, and how bringing partners into the fold make a business greater than the sum of its parts. Read more.

Mark Bouris | 18 April 2018

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