Mike O'hanlon on business decisions
From Mike O'Hanlon - Morning Startup · · MorningStartup
“I made a decision to sell the pub and sponsor the team. There's no real commercial reason for doing that at the time. It was just a hunch that this is really cool and it's important that someone does it.”
On , Mike O'hanlon, Chief Revenue Officer at CARGURUS INC, spoke about business decisions during Mike O'Hanlon - Morning Startup on MorningStartup.
About Mike O'hanlon
Mike O'Hanlon, a mechanical engineer and entrepreneur involved in several Perth enterprises, discussed his business experiences and community involvement in September 2015. He described his improvisational approach to business and acknowledged that he initially did not adhere to principles of cash flow and economic reasoning, later merging into that way of thinking after observing the success of a philosophy he attributed to someone named Pet. O'Hanlon stated that if he had listened to similar advice earlier, he would be "4 years ahead" of where he was at that time. O'Hanlon also announced his intention to run for Lord Mayor of Perth, citing a desire to invest a reported 100 million dollars in a term deposit into local opportunities. He expressed excitement about the startup community in Perth, noting the seriousness of people starting companies across retail and tech. O'Hanlon discussed his involvement with an electric motorcycle team, which he sponsored by selling a pub, and described the bike as "nuts" and "far more intimidating" than a 1000 CC road bike, noting the team won 14 from 16 starts and set a lap record. He also mentioned a project taking artists' candid jam sessions and putting them online to generate content linking to events on an app.