MICK SPENCER – ONTHEGO – PERSONALISED SPORTS GEAR
Mick is one of those guys who has the tenacity to succeed.. Sometimes adversity can make you stronger and more resilient and he certainly has had to overcome some personal battles when he was younger which involved severe short sightedness and bulling. People react two way to challenges in life, they either become a victim or makes then stronger, and after you meet with Mick you know that the later is true with sheer determination to get his business to the next level. The business is on trend as personalisation is really where many products are heading.
He was well prepared and knew his numbers and more importantly he had a plan.
Planning is a critical path for growing a business, it is like a road trip, you will not even get in the car unless you know where you are actually going. At Boost we stop every 6 months and review where we are, where do we want to go and how are we going to get there. In fact I recommend that everyone should have the top 5 personal and professional goal and review them yearly. You will be the surprised how powerful this is for people.
The pitch went for well over an hour, and he held up well under the pressure.
Steve had his digs to me on valuation, which he tends to do, but at the end of the day you need to make a return on your investment.
Thrilled that we did the deal with Mick and we got to know him better.
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