Mark Bouris explains how to succeed and the importance of discipline
Mark Bouris, one of Australia’s most successful businessmen and financial adviser to the top echelon of business, shares his secrets to success and how a routine can impact your life.
There aren’t too many successful people in business and as a media personality, but Mark Bouris has. As an entrepreneur and innovator, Bouris took the business world by storm and with a successful career in the media, he might be Australia’s most recognizable businessman. Today, the guru passes on his knowledge and shares the principles that led him to success.
Bouris made a name for himself as the founder of mortgage lender Wizard Home Loans, which was sold for $500 million. In 2007, he founded Yellow Brick Road, a financial planning and home lending company. Bouris’ commercial success led him to a career as a media personality. He then hosted “The Celebrity Apprentice” and “The Mentor” podcast.
With a brilliant multi-industrial career to his credit, Bouris turned to passing on his immense knowledge to aspiring entrepreneurs. Besides the usual trade secrets and insider tips, he says there are a number of lifestyle and mindset changes that can help you succeed. The biggest ? Discipline. Bouris says being disciplined in your life is key to setting yourself up for success.
Men’s health: how important is discipline in the pursuit of success?
Mark Bouris: When I think of discipline, I think of routine and the ability to stick to a routine. In order to be disciplined in what you do, you need to establish a routine. It could be a morning routine involving what time you get up, what you eat for breakfast, or what you wear to work, which really matters. A routine requires structure, which means you’ve pretty much planned out your days, and usually you can just lean on that, lean on that, and lean on that until you see the benefits. .
It’s not just for a work routine or a professional routine, it’s the same for your physical and personal discipline. That’s why I get up every morning at the same time. Even on weekends, even if I go to bed very late, I always get up at the same time, I always exercise and I always drink my coffee.
Mark clearly explains the importance of discipline. But he thinks it’s also important to take a break from your routine and give yourself time to reset. As he puts it, “Part of your routine is to pause and pause for a while. It can be once a month where you sit down and just watch what’s going on in your life. You don’t want to just work, you want to work on yourself.
Focusing on routine, what does Mark’s morning routine look like? The 61-year-old wakes up at the same time every day and makes sure to hit the gym before he starts working out. Of course, even before labor begins, Mark searches the news for any relevant information that might affect him to stay on top of what the day might hold.
How do you start your day to ensure you are set for success? Do you have a morning routine?
I am an early riser and get up at 4:30. I get out of bed and leave my dog outside. I always have a very early coffee and a few spoonfuls of porridge which are great slow release carbs. Then I enter the gym very early and do different workouts every day, I try to train almost every day. I usually give myself one day off a week and just go for a walk instead. Then, I will go to my office and I will start by reading the various newspapers that concern me. After that, I’m ready to start work at 7:30.
Mark incorporates several wellness rituals into his daily routine to help him stay focused and on top of his game. Whether it’s meditation, blocking it all out, or just being in the moment, Mark finds a number of rituals help him find his mind.
Do you have any wellness rituals that help you stay focused and feel better?
I try to meditate. I have an office where I can do it, but even if I’m not there I can do it in my car. I lay down and focus on my breathing.
Going to the gym is also like meditating for me. What I do in the gym is a long-established routine and I use it almost as a meditative release. I put a lot of emphasis on my breathing, I block out everything, I don’t have my cell phone in it, and I don’t listen to music. I just think about what I do and I feel what I do. Whether it’s aerobics or strength training, I try to be in the moment.
I do little things in the morning. I actually try to taste my coffee, rather than just brew it and throw it away. I spend a lot of time trying to be in the moment and I think that’s a great way for me to start my day.
When it comes to building a business, Mark could definitely be called an expert. Mark’s career has focused on building disruptive businesses that challenge the existing market to create a successful brand. Mark has a wealth of knowledge to share with tips for success.
What are your best tips for success?
The first thing is to talk to others. With all the mentoring I do, I pass on what I have experienced or learned. These experiences usually arise as a result of relationships with other people. I’ve always had partners in everything I do and I always tell them what they know. When I’m looking for what to do, I don’t go to the papers I find from experts who are in the market or in the game. My advice for success is to do it. You need to listen and talk to as many of these people as possible.
To be successful, you must also have a framework. Have your story, have the right mindset, have your plan, and understand the environment you’re going into. Create your framework, then research as many sources of information as possible to fit into that framework. Ignore the noise, watch only what is relevant. Otherwise, you’ll be sitting all day staring at Instagram staring at your cell phone, and you’ll just be overloaded with information. You don’t know what’s right, what’s wrong, whether or not you’re concerned if you don’t have the framework to contain it.
Are there any other features that can help you succeed?
Well, there are the obvious ones like working hard and working with determination, but another is awareness. Be aware of what is happening in the world to give yourself the ability to foresee things and to have anticipation. You won’t get that by just watching the news, you have to be proactive about it. If the treasurer speaks at a party, it’s probably worth paying $50 and going there to listen to the person who controls our economy.
Mark wants to pass on his expertise and the knowledge he has acquired to budding entrepreneurs and innovative business owners. The Reset and Rise Tour, kicking off in early 2023, brings together industry experts to share their advice on growing a business, honing your story, and getting things done.
What is the Reset and Rise Tour all about? What can people expect?
This is something I’ve been planning to do for a few years now, but Covid has prevented all the pieces from fitting together. It’s similar to what I’ve been doing for a long time, which is discussing business with business owners, small business owners, ambitious business people and also people who are employees and who seek to improve their position in their work.
I try to bring to the public what they don’t normally see. I’m going to give people a perspective on the economy. That’s why we call it Reset and Rise. Let’s get our brains in order and reset our mental position as to what we’re up against because you can only play what’s in front of you and I’m going to tell everyone what’s in front of them. It’s gonna be business as usual, no bullshit. I’m going to tell them exactly what I think after all the economists, all the experts and all the government people I talk to. I’ll try to put it in very simple terms and go over the environment we’ll be playing in. Whether it’s good or bad or whatever, I’ll tell him how it is. It’s about rising above all the noise. Know exactly what you are going to do. And listen to people who have already done it. That’s what Reset and Rise is.
Mark emphasizes the importance of listening to successful experts. To do this, for Reset and Rise, he takes on a team of entrepreneurs to share their experiences and opinions.
“I met a lot of people through my podcast. Really impressive people, especially young people who are very good at what they do. So I thought I would organize what I consider to be three of the best and bring them together.
Can you tell me about the team you put together for Reset and Rise?
One of the key things we’re going to talk about is how to tell a story. Everyone has a story and you can use it to establish your brand, but you have to know how to tell it. I have an individual named Kirk Docker, who created the “You Can’t Ask That” show on ABC. He’s a great storyteller and he’s going to help people learn to develop and tell their story in a cohesive way that can help them.
Then I have Brittney Saunders. I’ve met a lot of inspirational people on the podcasts I do, but I chose Brittney because she does shit and gets things done. Nothing gets in her way, nothing bothers her, she just wants to do it rather than just sitting there procrastinating and overplanning forever, but also not being reckless. She is just a performer.
Finally, I have Tobi Pearce who is someone who really knows how to raise funds, find investors and build a business at the right scale. In Tobi’s case, he was the co-founder of Sweat and there were some really interesting experiences.
At the end of our interview, Mark noticed that I had an unusual name and asked me where it came from. At first, I didn’t understand why my name was so interesting. Mark explained that having a memorable name is a good thing in business. He said to me, “When you’re building a brand, it doesn’t matter whether people like it or not. You just want them to remember it. Because you have a memorable name, it makes me wonder about it and it means I will remember you.
The Reset and Rise Tour is coming to Sydney, Melbourne and Brisbane in February 2023. Tickets are available now: premier.ticketek.com.au/shows/show.aspx?sh=MARKBOUR23