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

0 votes
1 answer

How not to loose sales.

Need Help. I started importing Flour, Corn starch, with great success some of my clients wanted me to supply Chicken products and baby formula for Asia, China and Vietnam, and this is when it all started to go wrong I have great contacts for products from all over the world that I have build up, I believed I had great contacts to buy they all promised big orders but when it comes to sign the contract they change the rules or give excuses, I don’t know what I am doing wrong. I have repeatedly tried ( networking with different groups of people in the same business with sharing profits ) but I can’t appear to take the sales to the end. I explain terms and conditions up front, and for one reason or another I loose the sale. What am I doing wrong Good Question1

0 votes
2 answers

How do I make the transition from doing everything-working in the business and on the business?

We have a great little business with the figures improving all the time but it is not big enough to be employing people (which I would dearly love to do). I am working 15 - 17 hours a day and as you can guess I end the week very tired. Money is very tight and I am not able to get a loan until the banks have tax figures for this financial year as we have only just been open one year so everything in the business is run by the takings as we have exhausted all our savings getting to this point. I do have big plans for the business but am not able to take the next step as yet which will give the cash flow to employ and make the changes to grow the business.

2 votes
5 answers
500+ views

How can I get Mentored help from experts please?

Hi Mark I recently bought a small business in Manly, using a very small property settlement I received from my ex husband. The business is seasonal (summer) predominantly so I am introducing a small breakfast menu, and focusing on building a loyal local customer base rather than aiming for the tourist market. That said, the sale was delayed by around 8 weeks, which meant I was using money I tagged as cash flow for the first couple of months on personal living expenses and now I am worried about getting my new menu up and running, not having a small amount for printing & signage, and sundry expenses which are crucial to "building" my business. I REALLY need to speak to someone urgently, for some sound advice as to what I can do. I have struggled financially for almost 10 years since my marriage ended and have raised my children alone with little support from their dad. This was supposed to be my vehicle to regain some financial stability and build some super, but now I'm worried sick it's all going to fail. When is the next intake for Mentored going to take place please as I would really like to apply.

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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