Business Broker Bulletin™

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Sydney 2017 AIBB – Conference Snapshot – by Alex Michael

I was privileged this year to have attended, for the first time, the AIBB (Australian Institute of Business Brokers) Annual Conference, held at Novotel in Darling Harbour (Sydney). It was held in from the 17th to the 19th of August.

I must confess that I went in somewhat hesitant – not knowing what to expect. I have been a member of other associations (outside of Business Broking) in the past and I have found that their annual conferences were nothing more than a way for the board members to congratulate themselves on a job well done and award each other prizes for best this and best that – without any real benefit for the attendees.

Nothing could be further from the truth when it came to the AIBB Annual Conference. It was truly a treasure trove of knowledge and I had the opportunity to rub shoulders with some of the most experienced and successful Business Brokers in Australia and to learn from their example.

I have found that all in attendance were more than willing to share their knowledge and experience as they understood that we are colleagues – not competitors. The market is certainly plentiful enough for everyone to have a share of the pie. Indeed, I believe that everyone had a clear vision that the better each one of us is – the better we all are.

While many of those in attendance are experienced business brokers from the “old guard” – the focus of the conference was certainly in innovation and technology. One of the lectures was fully dedicated to cyber security and its implications for Business Brokerage firms.

For me, the true brilliance of the Conference was indeed this: it combined the experience of the attendees with a vision towards the future.

I would very strongly recommend – to all those who understand that to be the best Business Broker you can be, you must be willing to learn and improve – to attend next years’ conference.

Alexander Michael
Central Business Brokers

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