Sell a Business

What business are you in, Son?

When Kerry Packer decided to buy 50% of Mark Bouris’ Wizard Home Loans, Packer asked Bouris:

“What business are you in son” ?

Bouris enthusiastically told Packer he was in the home financing industry and how much his loan book was worth.

Packer said ” I’ll ask you again – what business are you in ?”.

Bouris looked puzzled and a little worried.

Packer said ” I’ll help you out on this one, son. You’re in the Hopes and Dreams business”.

What business are you in ?

 

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