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Banned by LinkedIn: how I built a multi-million dollar mortgage broking business with no marketing budget, with Chris Bates

In this episode of Rask’s The Australian Business Podcast, your host Owen Rask speaks with Chris Bates, founder of Blusk (previously called Wealthful).

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About this episode

In this episode of Rask’s The Australian Business Podcast, your host Owen Rask speaks with Chris Bates, founder of Blusk (previously called Wealthful).

Chris Bates podcast talking points

Chris Bates is the founder of Blusk, a top mortgage broking business with no office, no marketing budget… but millions of dollars in revenue.

In this podcast, Owen & Chris:

  • Tell the story of how Blusk (previously called Wealthful) was formed
  • How Chris amassed 23,000 followers on LinkedIn
  • How Chris grew Blusk to a $2 million+ business with NO marketing or advertising budget (only $20k in podcast editing!)
  • Why Chris does not have an office… but has 15+ staff
  • The value of work-life balance
  • How Chris chose his first A+ (“unicorn”) employee
  • How to incentive superstar employees and keep them
  • The importance of getting a property BEFORE you go into business
  • What you’ll need for a loan if you run a small business
  • Using up to 100% of your property’s value to expand your business
  • Why Chris and Owen have partnered together

You’ll love this episode of The Australian Business Podcast if you want to know:

  1. How to grow a services business (accounting, law, broking, fitness, consulting, etc.) on a shoestring budget
  2. The importance of using LinkedIn for professionals
  3. How to hustle and grind
  4. The value of a business coach
  5. The importance of paying up for the amazing talent in any field (“unicorns”)
  6. How a great business was made

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Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank setup, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! You can book a $99 health check with the Grey Space Advisory team and tell them Owen sent you.

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The Australian Business Podcast’s official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether you’re new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.

As Warren Buffett famously said, “I am a better investor because I am a businessman, and a better businessman because I am no investor.” 

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At the time of writing, Blusk and Rask have a referral partnership. Please refer to The Rask Group’s Financial Services Guide (FSG) for more information.

Information warning: The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

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