Mitch Moroney Show #1 - Mark Harrell Part 1

In this episode, Mitch is joined by Mark Harrell. Mark is Director and License Holder with SOT Corporate based in Perth. A background in Business Intelligence and Economics has led Mark to launch a few tech start-ups of his own. It was selling one of these businesses that led to him learning about the process of brokering and positioning a business for sale. After taking a few months off, he returned and began his business of providing brokering and corporate advisory services.

Mark joins Mitch today to discuss the fundamentals of brokering, learning curves and things to think about whether you are buying or selling a business.

Stay tuned to hear about:

• What skills you need to consider in brokering
• Why Mark wants you to learn from his mistakes
• The process of brokering
• The importance of transparency when it comes to selling your business
• What buyers are looking for when purchasing
• How your business is valued
• Learning curves to consider
• Preparing for the emotional side of selling
• Why buyers need to consider the mechanics of running a business
• Red flags that sellers and buyers need to look out for
• How involved the broker is in filtering buyers

Mitch finishes the podcast by asking Mark a quick 5 questions:

1. What are the most important qualities in business?
2. What superpower would you have?
3. What advice would you give your younger self?
4. Who’s your favourite footie team?
5. What is your favourite book?

 

SOT Corporate

Contact Mark Harrell