Building LEGOLAND, Madame Tussauds & SEA LIFE: Mark "Fish" Fisher's Story

1 Sep 2026 · 1 h 13 min · 28 chapters

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In short

Mark “Fish” Fisher’s career in location-based entertainment, from starting as a bear-costume performer at Alton Towers to leading development at Merlin, taking the company public, then navigating COVID, and later moving into non-exec/portfolio roles. He also covers building Merlin Magic Making, acquisition strategy, and how he stayed authentic and “in his lane.”

Guest backgrounds

Mark Fisher (aka Fish) began at 16 in a bear suit at Alton Towers; later studied recreation management at Sheffield Polytechnic; taught English in Hong Kong around the handover; joined Merlin’s predecessor (Varden Attractions) after meeting Nick Varney. He became Chief Development Officer at Merlin, helped drive growth to an IPO and a valuation over £6B, and led development initiatives including Merlin Magic Making.

Key claims

“What you see is what you get” helped him stay himself through MBO-to-IPO scrutiny; during COVID he avoided marketing spend cuts (~£500M saved), secured a €500M loan note early, paused recruitment, and prioritized staff welfare; crisis communications relied on frequent business reviews and reassurance.

Notable examples

organizing a 20,000-person pop concert (James) at age 23; buying Legolands from LEGO/Kirby family (2005–06) and later going private again; COVID e-commerce like online birthday parties and Sea Life/“meet the sharks” content generating ~£7M; setting up Merlin Magic Making with wax production and Lego master model builders.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

The Journey Begins: Staying True to Oneself

0:00 to 1:40

Learn how authenticity plays a role in leadership during challenging times.

“One of the things that probably really helped is what you've just said is I stayed who I was and I didn't change.”

Starting from Humble Beginnings

2:36 to 4:55

Discover Mark's early career experiences and how they shaped him.

“Well, listen, we are going to talk all about the life you've had in entertainment, theme parks, from bear to boardroom.”

The Transition to Marketing

4:55 to 8:02

Follow Mark's unexpected journey into the marketing department at Alton Towers.

“It makes you go to Sheffield Hallam University.”

Lessons from Pop Concerts

8:02 to 8:57

Hear about Mark's experiences organizing major events and the lessons learned.

“that would benefit from hearing this conversation, please make sure that you share the episode with those around you and hit the subscribe button.”

From MBO to IPO: The Growth of Merlin

8:57 to 11:12

Explore the evolution of Merlin from its early days to becoming a public company.

“It was a small PLC that had bingo, so gala bingo, people would remember.”

Navigating Change and Staying Grounded

11:12 to 14:01

Understand how Mark adapted to his growing role and the pressures of leadership.

“And all of those people are friends today.”

Transitioning from MBO to IPO

14:01 to 16:40

Learn about the challenges and considerations of transitioning from Management Buyout to Initial Public Offering.

“because IPO-ing is a whole different ballgame, isn't it?”

Going Private: Lessons from IPO Experience

16:40 to 20:20

Discover insights on the decision to go private after experiencing the pressures of being a public company.

“And that, I think, was a very, very good move for us, as individuals particularly, I think.”

Navigating the COVID-19 Crisis

20:20 to 22:40

Explore how the business adapted during the pandemic, focusing on communication and financial strategies.

“So we were pretty well prepared financially and operationally.”

Innovating Through E-commerce During Lockdown

22:40 to 25:20

Learn how the business created new revenue streams through online initiatives during COVID lockdowns.

“you're going through all of this and we get through the other side.”
Show all 28 chapters

Reflections on Business and Human Connection

25:20 to 28:01

Reflect on the importance of human connections in business and the positive outcomes post-pandemic.

“How was the business better because of all of that coming out the other side, do you think?”

Contemplating Retirement Timing

28:01 to 29:08

Exploration of the right time to retire and the importance of focus in business.

“How many years had you been in the business by that point?”

Dealing with Rejection from the Board

29:09 to 31:06

Discussing the emotional impact of board decisions and how to motivate a team afterward.

“But of course, I'm in the middle of it, so I'm trying to push for it.”

Bouncing Back from Setbacks

31:07 to 33:08

The importance of resilience and learning from failures in business.

“I think the first couple of hours you go in a dark cupboard and hit your head against the one square.”

Evaluating Opportunities with Focus

33:09 to 35:36

Strategies for assessing business opportunities and maintaining focus amid distractions.

“Because I think certainly maybe entrepreneurs listening to this, it's the shiny penny, right?”

Success Stories in Leadership and Growth

35:37 to 38:29

Reflecting on leadership highlights and the importance of succession planning.

“I mean, you go into a board meeting with those guys.”

Spotting and Nurturing Talent

38:30 to 41:33

The significance of recognizing potential in others and fostering their growth.

“And then we'd interviewed, I don't know, 10, 15 shortlist people.”

Influential Figures in Personal Growth

41:34 to 42:04

Discussing the impact of mentors and key figures in recognizing personal potential.

The Importance of Authenticity in Business

42:04 to 43:36

Learn how being authentic can lead to better business relationships and outcomes.

“I would always ensure that I loved what I was doing.”

Impact of AI on Business Operations

43:36 to 45:54

Discover how AI is streamlining operations and changing business landscapes.

“So I think Nick as an individual, but then, you know, just luckily, I had lots of good bosses over the years that, you know, I would hope it was symbiotic in that it was good for me and for them.”

Transitioning to Non-Executive Roles

45:54 to 49:10

Explore the challenges and benefits of moving from executive to non-executive positions.

“a tiny craft brewery in the New South West and we've just gone on television and we've done a television advertisement and we did it through AI and it cost us a few thousand, low thousands pounds.”

Building a Memorable Brand

49:10 to 55:28

Learn key strategies for creating a brand that resonates and engenders loyalty.

“I've got a couple of ex-colleagues helping me do that.”

Future Aspirations and Personal Growth

55:28 to 56:00

Hear about personal ambitions and the importance of enjoying life's journey.

“But all through that, that kind of thread of people, values, honesty, fun.”

Navigating Life's Uncertainties

56:00 to 1:01:20

Exploration of embracing life's unpredictability and finding balance.

“And you said you were always in this positivity.”

The Importance of Honest Feedback

1:01:20 to 1:04:24

Discussing the value of surrounding oneself with honest and constructive people.

“And it's been a great, I've really loved our conversation.”

Understanding Purpose and Perspective

1:04:24 to 1:09:26

Insights on understanding one's role and the importance of asking 'why'.

“Why are we making a decision to IPO and then take it?”

Embracing Self-Doubt and Authenticity

1:09:26 to 1:10:01

A conversation about overcoming self-doubt and the essence of being brave and bold.

“So Brave Bold Brilliant is the name of the podcast and actually the proud brand of our business.”

Conquering Self-Doubt

1:10:01 to 1:10:37

Learn how overcoming self-doubt is crucial for success in leadership.

“And the biggest thing that works against us sometimes is self-doubt.”
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Transcript

Automatic transcript. May contain errors.

0:00One of the things that probably really helped is what you've just said is I stayed who I was and I didn't change. And if you're inside it, you don't see the change that people might see on the outside of it. So people would come in and say, wow, you know, Merlin's just gone to the FTSE 100. And I'd be thinking, well, 10 years ago, I was digging a hole in the beach to try and get a pipe to work in a sea life centre because it is just you inside. I think there's two things. I've been asked the question before. and there's two things is I loved setting up Merlin Magic Making because we took nothing and we built something inside something that was built and we were I remember doing a conference with all these Merlin Magic Making people around they all got kind of we didn't wear uniforms but they all got uniforms because they were proud to be part of it I think it was really interesting because I spoke to somebody a few years ago and said when do you know when do you know when it's time to recite I mean, you can go through crisis retirement.

0:58Yeah. But if you want to leave on a positive note, and a really good piece of advice in the chat, he said, when you know, you'll know. And I just kind of knew there was no way we were going to leave the business either during COVID or straight afterwards. Sure. Because we have a job to do. Yes. And you are focused. The one thing we're always very good at, Mullen's focus. Focus on what we're good at. Don't be too clever outside of that. you know where some people try and do too many things we stayed in our lane um and then we kind of got through the really hard piece we we delivered as i said good results and then it was a fork in the road really because we had a chance of a couple of big acquisitions welcome to brave fold brilliant we have a real treat for you i am joined today by mark fisher otherwise known as Fish by everyone.

1:51And Fish has had a fabulous career. He started off at 16 years old in a bear costume at Alton Towers and worked his way up all the way into the boardroom. Actually, as Chief Development Officer for Merlin, took that business to an IPO, took it back, created a business that was worth over£6 billion. pounds. This is an absolute corker of an episode. You're going to love it. And what I really love about Fish is that he is authentically himself through all of that huge success. So let's get into the interview. Welcome to Brave Bold Brilliant, Mr. Mark Fisher, more commonly known as Fish. Hi, great to be here.

2:41Well, listen, we are going to talk all about the life you've had in entertainment, theme parks, from bear to boardroom. Yeah, yeah. Humble beginnings, I think. Humble beginnings at the age of 16. So let's start there because you've had an illustrious career at Merlin and you're doing loads of really interesting stuff in the sort of portfolio space. I could have called you a farmer as well now? I'm sort of four steps worse than Jeremy Clarkson, I think. So you probably call me a very poor farmer, but I like it. Excellent. So, I mean, we are going to talk about reinvention, I think, and kind of all of that journey you've been on.

3:20So take us back. In the costume, at Ulm Towers, age 16. I remember the interview. I remember going to the interview at 16 years old and sitting in front of me. I remember it was Laurie and Diane were the two people interviewing me, and that's a long time ago. and uh locally i live near alton towers so it's where everybody went for the holy job to earn the money and uh at the end of the interview i said would you would you mind dressing as a costume character and the first thing at 16 that comes into your head is do you pay me for that yeah um and i i was kind of i can't believe my luck i'm going to be a costume character which lasted probably about four hours on the first day that i did it uh because there's no such thing uh these days with nice changing rooms and showers and all sorts of things that you have to have we we got changed in the back of the story and as somebody came out of the bear suit on a hot day the next person went straight into it so you can imagine how how pleasant it was but that's the first time i really started um on a front-facing business and what i loved about it is um you make people smile and just a simple bear hook or a photograph with with kids and adults um and then And I spent every summer drawing A-levels, O-levels, you can tell me how old I am, and uni to going back.

4:40And I did all sorts of jobs. I worked in the stores. I worked in the shops. I worked more as a costume character. I worked as a balloon seller. And I just absolutely loved it. I did a course at Sheffield Polytechnic. You can't even find that now, I think, on LinkedIn. It makes you go to Sheffield Hallam University. but I was at Chef Polly and I did a recreation management degree that was based towards business. You could take different options. And I did that because I just used to love what we do with a sort of half idea that I would go into that industry. But when it came to graduate, like all good graduates, I didn't really want a job.

5:17So I disappeared off to Asia for a while and I taught English in Hong Kong just when it was the handover. Fascinating period of time. I bet. I went across on a one-way ticket because I couldn't afford a return. And really interesting to see a different thing. First time properly away from home where I couldn't get on a sort of bus and stuff to go away. And then I came back and was about to go off to Guatemala and do the same thing. And then I met a new marketing director that had just arrived at Alton Towers because I'd got a job doing odd jobs. I needed some beer money for Christmas. Yeah. And his name is a guy called Nick Varney, which some people will know.

6:00Later became the key founder and CEO of Merlin. We hit it off. And within four weeks, I had a job in the marketing department. And my travels ended and the career started. Well, isn't that mad? Like you just actually happened to meet someone who's obviously become a legend in the industry. And he obviously spotted something in you at that point to say, right, hey, come on, you know, we're going to give you a proper job now, right? Yeah, and it's really interesting because I started off as what they call events coordinator and they hadn't really had this before. And we started to do lots of new events with Nick being there.

6:34So we started doing pop concerts. I remember organising my first pop concert at the age of 23. I don't think I slept for two months because I was concerned about it. They flew me out to Portugal to watch the band just so we could see what people were doing. It was a band called James that some of your old listeners. Oh, yeah. Oh, sit down. That's the one. That's the one. Classic. And we wanted to know what people did when they sang that. Do they sit down and how do we do that? And we had about 20 ,000 people on the front lawn. And ironically, the promoter that day was a guy called Simon Moran, who is SJM Concerts.

7:07And I was at a concert the weekend watching Take That, and the main promoter is SJM Concerts. So he had just finished, I think, at Manchester Poly. He'd been events officer, and James was one of his first gigs. And then I find myself 30 plus years later, sat at a take that concert with the same guy. He's done extremely well for himself, clearly. But yeah, fascinating. That is mad. I saw James at Latitude Festival, which I go with my girlfriends. We escape the blokes and we go off for our little girls weekend. I think they played a couple of years ago. But yeah, it took me right back. It took me right back to, you know.

7:44Absolutely. Yeah, yeah. So obviously, you know, you started at the grassroots, literally in the bear suit. getting very hot and sweaty and covered in someone else's sweat by the sound of it as well. Absolutely. Lovely. What a great conversation we're having with this episode. And if you're enjoying this or you feel there's someone in your network that would benefit from hearing this conversation, please make sure that you share the episode with those around you and hit the subscribe button. But most importantly, if you are ready for that next stage of growth both in your business, with your teams, or for your own leadership.

8:23We're here to help. And at Brave Bold Brilliant, we're building an incredible community of ambitious business leaders. So make sure you check out the website. Go to www.brave-bold-brilliant.com. Now, let's get back to the show. And then, you know, through the progression of Merlin, Chief Development Officer was the role that you did before the business got sold, right? Yeah. Or IPO'd. That's right. I mean, I came into the predecessor of Merlin, which was Varden Attractions. Yes. It was a small PLC that had bingo, so gala bingo, people would remember. Ah, right, yes. It had holiday parks and it also had health and fitness.

9:12So it had cannons. So those people remember it was Princess Diana's Club. That's right, yes. And in that time, in the sort of mid-90s, all the money was going into health and fitness. And they sold the holiday parks, they sold the bingo. And then the question was, we knew what was coming for us. So we approached them and said, well, why don't we do a management buy-up? Right. Which we did with our first VC company called Apex. And we weren't called Merlin then. Merlin happened in 1999 after several sort of tertiary buyouts, secondary buyouts, when we met a great guy at a very small venture capital company called Blackstone.

9:52A guy called Joe Barata, who at the time was heading up the UK and Europe. And I think they said at the time the first deal was 45 million. 45 million? And it was the smallest deal that they'd ever done. and as we'll talk about later on, it became somewhat grander than that by the time they finished. And Joe now, of course, sits back in New York with the main board with Blackstain. So clearly he's done him some good as well. Yeah, yeah. So the four of you, the four founders did the MBO originally. Yeah, yeah. And you're still very, very close today, are you, with the four of you? Yeah, well, certainly with one.

10:31I mean, Nick and I have spent more time together than we have with our wives, I think. So we've always been pretty good mates. But on now, we have a little sideline. We've just actually bought a shower and a small craft brewery together. Ah, cool. Just one of the things we always wanted to do was get hold. We'd always been the consumer side of beer. Yeah. So we thought it might be quite nice to get on the business side. So we're still very close. One of the other guys, I was still in touch with everybody. One of the other guys is in Germany, so we don't see him very often. And then we had a lot as we bought businesses in Merlin.

11:07We bought the Tissot Group, which is a very big acquisition. We got introduced to some really good people on that side. And all of those people are friends today. And I think I mentioned to you earlier, we enjoy getting together for reminiscing. It's the equivalent of you going with your girls to the festival, I think. We're a bunch of old blokes who sit in a pub and have a steak and talk about things that used to be. But one of the blessings to it all has been there's such a good group of people that you've met along the journey. And most of my friends probably, you know, spent most of my time at work.

11:42So consequently, they're still friends, which I think says a lot. Yeah. And so, you know, the business has gone through a huge amount of change and evolution, you know, from MBO to then massively scaling up to IPO. and for you, you know, starting on the front line, how did you have to evolve as a leader, as a person? Because as the business is getting bigger, you know, the role's getting bigger, the numbers are getting bigger, the pressure's probably getting bigger, I would expect as well. And through all of that, you know, you're still you, you're still fish. Yeah. But at the same time, you're kind of having to evolve and grow as well, right?

12:24So how did you deal with that? And did you actually do it consciously or was it just sort of we'll figure it out as we go along when the job gets big? I think it's probably the latter. I think one of the things that probably really helped is what you've just said is I stayed who I was. Yeah. And I didn't change. And if you're inside it, you don't see the change that people might see on the outside of it. So people would come in and say, wow, you know, Merlin's just gone into the FTSE 100. and I'd be thinking well 10 years ago I was digging a hole in a beach to try and get a pipe to work in a sea life center because it is just you inside it as a machine I mean clearly you grew with experience you grew on mistakes and you you grew on wins um but I think I think generally if most people hopefully I would would say that I'm very little different now than I was with a guy got on a bear suit I've got less hair got great hair got middle-aged spread but actually that kind of stuff, I'm exactly the same.

13:20And I've always kind of had that kind of outlook. You know, what you see is what you get. I don't really do heirs and graces, but that again is one of the great things because you meet loads of great folks and you just treat them like your friends and like normal people. Yeah, and I think when you're in that, you know, hospitality, travel industry is very similar actually, very relationship-based, very, you know, kind of real people love it. You know, you're never in the travel industry for the money because the pay isn't quite well. Absolutely. Similar in your world. So you do tend to find it attracts a certain type of person that's got energy and quite fun and all of it, quite social.

14:00But that transition from MBO to IPO, because IPO-ing is a whole different ballgame, isn't it? I mean, obviously you're much more in the public arena. I mean, it's all playing out, isn't it? You've got all the external stakeholders and shareholders to manage. how how was that experience for you as a team and what was the catalyst to decide that that was going to be the right next move from to IPO and rather than do something else I think at the time I mean because the way we've grown the business through acquisition that one of the only routes in those days if you were that big as as we were and how big were you then sorry to interrupt gosh we were we'd just done the two-soul group deal which is 1.1 billion we were probably another 10 years on so we'd have been in the middle sort of single figure billions yes and there aren't that many people when you go out there outside venture capital that can afford you yes so yeah by the time you get to that the obvious route is to ipo and i think you know we we may maybe in hindsight slightly tunnel vision that was the great thing to get us on the stock market yeah i think i said before you know When we got on there, we went into the FTSE 100.

15:15Yeah. Was that straight away? No, not straight away. We were about 110, I think, to begin with. And then it sort of went through. Yeah. The problem with that, in some respects, is we went from being the young upstart that was the rebel to being the corporate monster. Yes. And that, you see that a lot with businesses, obviously. Absolutely, yeah. I've seen that a lot. And I think we struggle with that a bit. The scrutiny is unbelievable. I mean, you know, analyst presentations every 12 weeks. Yeah. And a bit like policemen, as my mother would say, they all seemed about 12 years old. I know it was us getting older, but it felt better saying it the other way.

15:52And I think particularly in location-based entertainment that we were, you want the runway to be able to invest for the long term. And that's very hard to do on public markets when people are looking for short-term returns. so probably two to three years into the ipo we probably took a deep breath and went okay this may not be quite as much fun as we thought it was going to be and probably not quite as much fun um as uh we were having beforehand yeah so so there's quite a transition our minds i think going from still loved it still love the business but the scrutiny and the analytics that was going on around you, brought it to a completely different level.

16:31So I think, I mean, we'll come to talk about, you know, we made the rare move the other way then and came off the public markets. Yes. And that, I think, was a very, very good move for us, as individuals particularly, I think. Yeah, yeah. So when you came off the public markets, because a lot of people listen to this, they might be thinking, oh, my gosh, this all sounds very simple, this, you know, what's an IPO, an initial public offer? You know, there's a lot involved in this. And these are big, chunky decisions. I mean, you're talking£6 billion worth of valuation and stuff. So a lot of responsibility.

17:07So taking it off and going private again, who was backing it then at that point? What was the transition? We were super lucky because we were still super good friends with Blackstone. Great. And with Joe. And they quite like assets. Yeah, they do. I think, I mean, a lot of venture capital and banks get a bad press. I mean, we would be one of the success stories. And I think on all these things, if you were fair and honest with them and worked hard, they would be fair and honest with you. So we had a really good relationship. I couldn't thank any of those people more for the sort of support they gave us.

17:41But the other ace we had back in the mid-2000s, 2005, 2006, we bought the Legolands from Lego and the Kirby family. they stayed on as a shareholder even when we IPO'd as a minority shareholder and when when we wanted well when they wanted to come off again they stepped up with Blackstone and the two of them took us off the markets as you said circa six billion yeah but timing is everything that was in late 2019 just just in the nick of time it was a small world event that happened a few months later and um i suspect life would have been i mean it was tough but i suspect it would have been a lot tougher had we been on the markets but i mean i mean i have 145 circa 145 businesses around the world we had one business open at one stage in south korea we don't have anybody visiting it um but the doors were open because we were looking after livestock in the fish so it wasn't costing us anymore to keep the doors open and i'm not sure we had any visitors at all because they were all locked up at home um and then the rest of the world was pretty much shut down um and yeah quite an experience i went from sort of spending my time at uh heathrow flying from australia to beijing to america um to uh going to tesco which is two miles away down the road um i had a little office in the garden which is a bit of a lifesaver and then we we did a business review um with every single business um uh every two weeks and we literally went from about 7 a.m in the morning uh where we picked up asia down to about eight in the after in the evening when we picked up the americas and um and the whole idea was to keep up a bit like your progression you know creating all this yes it was keeping in touch with everybody everybody right at the beginning i mean you know people remember it's quite a scary time yeah even if you're a robust individual.

19:42I remember sitting a couple of times thinking, crikey, the world's closed down. Nobody saw that one coming. So, yeah, it was a very interesting time. And, of course, we had two of the richest backers on the planet. So our task was to manage our way through, which we did. We had a little bit of a heads up probably before everybody else in the UK because we actually had a business in Wuhan. and about a month before it all hit over here in March in February, we had a call with the WUAM team and they said that the military had just shut off the end of the road. And we kind of went, ah, something's happening here that's probably quite big.

20:23So we were pretty well prepared financially and operationally. Yeah. And, yeah, touch wood, like, you know, everybody hoped we got through it. So liquidity was really important, obviously, you know, and having the cash and the firepower to kind of keep going because essentially you go from whatever the turnover, I don't know what your revenue would have been at that point pre-COVID, to zero pretty much in terms of top line. Yeah, and you don't necessarily want to go to your owners to borrow cash because there's no such thing as a free lunch and you pay for that later. The two things that we did that really helped us go through is we stopped all marketing completely and that saved us about half a billion pounds and the second thing we did in um february is we took out a half billion euro um loan note right um because we were able to do that before everybody else was in there so so we so we had about a billion quid um sat there um sadly we we stopped all recruitment because you know in that time of year particularly in the um western hemisphere we were coming into the summer seasons or the start of the seasons really um so we would have been recruiting lots of people yeah and we just didn't recruit them um so we managed to control the cost okay um fortunately we didn't at the time get rid of anybody um we managed to it wasn't just furlough every i think of the 24 countries are in every scheme is different and we have people working on that all the time is how can we protect the staff and we had to make a couple of decisions that were welfare decisions because whatever country hadn't got the support or were unable to give the support.

22:03Not all the countries have governments that could do that. And we kind of were animals and staff first. And so we made some decisions that probably weren't financial decisions. They were probably detrimental to us, but they were important for us to look after people in a very troubled time. Yeah, the right thing to do, isn't it? Yeah, I think so. You have to make the calls, don't you? and there are times when you just, you have no choice and you have to make cuts and that can be really unfortunate. But there are other times when you go, actually, you know, we've just got to do the right thing.

22:30We're a people business. I mean, we're all in it for the people stuff. Yeah. So, yeah, it was good. So at this point then, Fish, you've got the, you know, you're going through all of this and we get through the other side. I mean, hospitality was hit, travel was hit. I mean, retail was bad as well. I mean, every industry was hit, but I think travel, leisure, hospitality in particular. And then, of course, it's dealing with the uncertainty. I think that, you know, that was the hardest thing I remember, and also for the businesses, because it's very difficult to forecast, very difficult to plan, how long is this going to be, you know, all these kind of questions.

23:07And of course, we don't have the answers. And the teams are looking to you guys, right, to give clarity, to give answers. What was the approach you took to the comms? Obviously, you were having the business review meetings every couple of weeks and that's a hell of a lot to get through 145 businesses she's like a marathon like back to back back to back you know quick 15 minute loo break in between literally in the first in the first lockdown um uh none of us controlled our time very well so we literally didn't stop so all of a sudden you get in and my wife would say to me well you've been in there since 7 a.m and it's now 9 p.m yeah and i hadn't thought about lunch i hadn't thought because you were just in it and that got better the more you learned stuff and and and sort of but the big thing was talking to people i mean i i again i i spoke to you beforehand on how important people were to this business and for me it's one of the main reasons i'm in it and and we talked and we talked and we talked and we made sure that people felt reassured we were able to tell them about all the loans about what we'd done with saving money we had the business under control we weren't in danger of going bust um and um we would we would deal with each new problem as it got thrown but we deal with it on a very sort of glass is half full basis yeah and so okay we're dealt a hand here i mean i'm a big believer in life and everybody's got a story yeah you're dealt a hand and you've got to play your hand and uh you've got a choice you can do that negatively or positively and and we we did it very positively and unfortunately came out pretty well the other side you know and we came out with intact teams of people with intact businesses i mean we we kept talking to customers as well um i had a small team we were asked to see whether we could make some revenue and i got a small team of three or four people together um and we did some e-commerce we did online birthday parties so people could meet the sharks and sea life centers because kids were stuck at home and i think we generated about seven million quid um just from nothing and it what it did it concentrate people on doing things yes so they were thinking about you know positive stuff and we could do it so yeah again down to all those great folks that we had working with us yeah and it seems like almost now surreal doesn't it looking back it feels like it was almost like like a bloody film or something you know like a movie they used to say bc before christ but now i think bc's before covid isn't it because if i if i if i try and place an egg was that before or after covid and i can't believe that you know the first bit was six six years ago i know i know Times are ticking.

25:40That couldn't happen. No, it did. It did. Yeah, absolutely. And I think when you talk to a lot of businesses around whether it's COVID or whether it's they've gone through some kind of crisis or where change has been forced because you have a burning platform, there is no, you know, as old Tony Robbins says, you know, if you want to take the aisle and burn the boats, you know, I mean, it's kind of that concept, isn't it, really? But forced upon you. How was the business better because of all of that coming out the other side, do you think? What were the big things that had shifted because you had to be quite radical with how you were dealing with things at the time?

26:16There's the obvious stuff for every business, like the acceleration of things, technology platforms. You know, we moved more in a year than we would have done in eight years. Yes. Things like that. I think the people came through it stronger because they realised that, well, okay, whatever you throw at me now, I can kind of deal with it because I've got a good team around me. I think that we came out leaner, as most people did. You know, it's like all these things, crisis, push those things on you. Definitely. So, and I think there was a little bit that when we came out, we're all in it as well because we like giving joy to people.

26:55Yeah. And we want making people happy. and at the end of that period who didn't need a bit of happiness yes and we were selling happiness um so it was fantastic i mean we did we did really well i mean like the final year before nick and i retired we had record ebitda um uh yes there's probably a bit of a bounce on that coming out of covid yeah but equally um you know all the other non-financial measurements were very good because we were just giving people what they wanted um and um it looking back i think the two years year and a half two years after covid were really really good partly because it had been so low perhaps beforehand yeah but also because you know we just want people wanted to come and spend time together yeah you know i mean everyone talks about computer games and ai and all the other technical sort of things but i i don't know about you but a bit of human interaction you know humans i was told 30 years ago that computer games would shut theme parks down and i never believed it because I think humans need each other and they need to be with each other.

27:55So we were providing that. Yeah. Was it a tough call for you deciding to leave corporate and to retire from that? How many years had you been in the business by that point? Since 16, I would have been into 54. So a long time. I think it was really interesting because I spoke to somebody a few years ago and I said, when do you know? When do you know when it's time to retire? I mean, you can go through crisis retirement. Yeah. but if you want to leave on a positive note and a really good piece of advice in the chat and he said when you know you'll know and I just kind of knew there was no way we were going to leave the business either during COVID or straight afterwards because we have a job to do and you are focused the one thing we're always very good at is focus on what we're good at don't be too clever outside of that you know where some people try and do too many things is we stayed in our lane.

28:51And then we kind of got through the really hard piece. We delivered, as I said, good results. And then it was a fork in the road, really, because we had a chance of a couple of big acquisitions. Yeah. And we put those to the board. And at the time, the board decided it wasn't right. In hindsight, they were probably right. But of course, I'm in the middle of it, so I'm trying to push for it. And you're Chief Development Officer at this point. I am. So this is part of your role. It's part of my role. Yes, yes. I mean, I set up something called Merlin Magic Making, which basically was all the non-operational things.

29:24So we had all the business development, the site search, the business planning, the creative, the production. So I had four or five production facilities around the world doing Lego. You could get a job as a master model builder in Lego for a career. Who knew? Who knew? And we had those in Malaysia and in America. We used to produce all the wax in Accent in London. did you in action west London big studio which was which is amazing and then we had at one stage we had brands because my my background originally was marketing yes that was a kind of short-term stop-off while we tried to find a CMA um but we had all the I had all the boots on the ground guys as well so all the project guys so we literally were the machine that drove everything else forward and because of my operational background there was kind of what they call it a sort of gamekeeper turned poacher or poacher team gamekeeper whichever it was really good because all the um managing directors the operating groups um we understood each other so you were able sometimes there's a conflict on those things because developments trying to go over here and ops are trying to you know say hey yeah we've got to pick up this mess afterwards so um it just worked really well as a dynamic yeah so you so you get knocked back right you you've spent i don't know i remember doing i did a lot of m &a work myself in my career and um And I mean, it could be years in the making to get these deals ready and over the line, can't it, to the more or less the final stages.

30:51So you go to the board and the board says, no. How do you deal with that then? And how did you actually bring the team back up again if they've been working on something for so long? And then you get the knockback and you get the no instead of the yes. How did you deal with that? I think the first couple of hours you go in a dark cupboard and hit your head against the one square. And then you wake up the next morning and every day is a brand new day. Get on with it. You know, we were always like that. I mean, we didn't get everything through on smaller scales. So long as you understood the reasons why.

31:30And, you know, they were always very good at explaining that to us. I would do the same with the team. And then I would say, right, okay, well, that's fine. We've got these seven things to get on with now. So let's get on with these. Now, if we'd had everything turned down, we shouldn't have been doing the job, I guess. we didn't so you get quite a few wins in there but it's it was always about look okay learn from it why didn't we get that through um let's apply that knowledge to the next one that we're going to do and let's get on with it and um they were all i i mean i don't know what to say because the culture was a you know can do glasses are full get on with it it kind of people went right okay just yourself they might go for a solitary pint afterwards and go yeah um but then then yeah just get on with it and do the next thing life's a bit like that isn't it completely so you kind of again i talk about what you see is what you get what i was like at work is what i'm like in my personal life is sort of yes i can get a bit down like everybody it lasts a very short period of time um because i think you've got a choice you can either sit and lick your wings or you can get up and go and create some new ones yeah yeah well it is and it is a choice actually and it's actually a learned skill, I think, as well, mind, you know, because I think when you're younger and you get those knockbacks, you know, you haven't got necessarily resilience to deal with them the same.

32:50But, you know, you can either have a pity party or pick yourself up, right? And I agree with it. So, yes, lick your wounds, yes, cry, bitch and moan, whatever you're going to do. But don't stay there too long, like you say, and just kind of come back and say, right, okay, we go again and we refocus. Because you use the word focus and you've used it a couple of times as we've been talking. So you've got you've got big pots of money you've got a great brand you've got portfolio you've got the world kind of at your feet to a certain degree having bounced bounced back and you've got lots of shiny opportunities everywhere and whilst you're a big business I'm sensing that you were still quite entrepreneurial in the in in that innovation and obviously you as chief development officer So how did you evaluate where to focus, which deals to go for, given that you're in this position of strength?

33:43Because I think certainly maybe entrepreneurs listening to this, it's the shiny penny, right? The shiny penny, look at that, I'll go over there. Oh, hang on a minute. No, no, that looks good. So actually, I think that focus and that discipline and actually being able to assess opportunities, narrow it down and go, right, okay, we're going to follow these two or three. How do you deal with that? How did you help? So just advice for people that are maybe looking at something along those lines. I think if you're entrepreneurial, there's a little bit about gut instinct. And if you've got some experience, I mean, you know, you've got to try things in life.

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34:19You can sit in a hut and do nothing, or you can get out and try some stuff. And I think what made us different then, we rigorously follow that up with data. and we researched both qual and quant. I mean, you'd be surprised sometimes. You're convinced the customers are going to like a particular thing. You go and research it and they go, that's rubbish. And you've got to go, oh, I wasn't expecting that sort of thing. But hopefully over time you learn to do less and less of those things. So we had a very, very good in-house research group. But probably at a certain point in time I mean, the most knowledgeable people in the world, in our industry, because they've been doing it for 35 years.

35:03So if you said, tell me about this district in Mexico City, they'd probably be able to just talk to me about it because they'd done some research on it. So listening is important. I had a lot of experts around me. I was never very good at anything, apart from bringing people together to do good stuff. And that was fine because if they succeeded, I succeeded. So it didn't really matter. But I think, yeah, a little bit of good insight, but backed up by hard data and some hard numbers. I mean, we were rigorous on numbers. Well, Blackstone especially would have demanded that anyway, wouldn't they?

35:40You've got no choice. I mean, you go into a board meeting with those guys. If you don't know your numbers, you'll get carved up. Yeah. Quite rightly. It's their money. We're spending their money. Yes. yeah and and so so so as chief development officer what was that what was the biggest highlight for you and what was the biggest sort of low point for you or or actually through the through your entire kind of period in corporate in those roles what was that what was the the highlight for you and what was the low point for you uh let's go the highlight first because let's do the positive i agree positive go for it fish i think i think there's two there's two things i've been asked the question before and um there's two things is i loved setting up merlin magic making because we took nothing yeah and we built something inside something that was built yeah and and we we were i remember i remember doing a conference with all these merlin magic making people around they're all got kind of we didn't wear uniforms but they'd all got uniforms on because they were proud to be part of it and you would stand up there and i and i would put some in those days powerpoint slide up and i would show them a massive new roller coaster in america and i go you guys just built that and then i would show them pictures of the public on it laughing and screaming as families and i would go you guys just produced that and sometimes it's very hard because we were so in it he was trying to get people to step back and say just just look what you've achieved because you don't do that and if you're in a if you're in a dark corner trying to design something or if you've got a pair of steel toe cap boots on in the mud you don't necessarily see the end results all the time so that that was a real tick and then the other one which i thought was quite interesting when somebody asked me is there was a period of time um probably the majority of my career but definitely a period of time probably 10 years every single person that reports to me got promoted and i love that i would just look at It was detrimental to me sometimes because I would lose brilliant people, but it was the right thing for them to go off and do.

37:49And I guess you're a little bit like a proud father when you see that kind of stuff. You see them leaving home, you have a lump in your throat. And it was just really nice to see. And I'm still in touch with a lot of those people now, you know, and I've seen them, you know, when I left, one of the people that I bought into Merlin took over my job and then somebody else that we got took over their job. And we managed to do all these things. We were obsessed a little bit with succession planning. Oh, good. You know, which you can leave behind sometimes. So many people aren't, so many businesses aren't.

38:21You go, what? No, we would have more, probably too many succession planning meetings if it's possible. And the other thing we were really good at is we wouldn't keep people in their lane. So I had a really good HR director in Merlin Magic Making, and we were sat with her trying to recruit a head of wax production, a wax production director, not one that slips off the tongue when you're looking in the job adverts in The Guardian. And then we'd interviewed, I don't know, 10, 15 shortlist people. I went, there's nobody here. And I just flippantly said to her, you could do that. And then, you know, you don't have one of those moments.

38:57I went, you could do that. And she's just spent the last six years doing that brilliantly. Wow. So we would let people move. Yeah. You know, not just geographically, but we let them just move lanes. So we would very often have an accountant that would become an ops director. Fortunately, they never moved me into accountancy because that could have been a bit of a disaster for the business. But yeah, I thought that was really good, just watching people do well. Yeah, yeah. And it's interesting because I think sometimes, I don't know, I've got a follow-on question for you here, but I think sometimes people spot something in, you've spot something in those people, right, that they didn't see themselves that then allowed them to go, oh, I hadn't even thought of that, you know.

39:40And I think that's a beautiful thing. I had a similar experience when I got asked to go to Russia when I was at two and it was like, okay, can you just go to Russia and Ukraine, go and buy three businesses, never done a corporate, set up a JV with one of Russia's most wealthy oligarchs, integrate the businesses, whiten them, rebrand them, do you fancy it, you know? And I was like, oh, Jesus Christ, you know, I hadn't thought of that. But, you know, the gentleman, Richard Prosser, who subsequently became my boss and is now a really great friend and has been such an influence in my life, you know, there are those people.

40:15And it sounds like you spotted talent in people when they never actually saw it themselves. I think that was the thing, was to open people's eyes to the art of the possible. Yes. But the other thing I used to do, I used to carry around as I went around the world. I had a little black book and I would meet people. and by the time I came away there'd be people just in business that we all meet every day and I had a list of people and said these people could work for Merlin and and then several times we would go and I would go I'll give you a good example the um we had a uh the Asian business and we needed to somebody come in and I went I've got somebody I went into my book and there was a there was a lovely lady who was our landlord in Singapore she'd beaten us up so badly as a landlord and and she was surrounded by this team that clearly adored her and i thought you know you've got the ability to be really hard when you need to be but you've also got that soft nurturing side and she came to work for us for a number of years um as our head in asia so he was i always i'm always on the lookout for that even now in the sort of more portfolio roles i'm always on look at is how how can different people be um uh useful both for them and for the business and then it's just about marrying people isn't it in the right places for the right skills yeah first choice used to do that first choice were the fourth in the market when back in the day when you had travel businesses and uh and they were very much the underdog you know compared to the you know the the two is and the thomas cooks of this world at the time and they used to do that very proactively they'd just spot good people did have no job for them and they'd literally just go come and have a chat and that's how i ended up getting my first director role you know and it was just just sort of a really great way of just spotting people and being very proactive about bringing talent in and figuring out what to do with him later sometimes very brave to do that you know there aren't jobs and things but it's really thinking ahead where the business needs to go being able to make those decisions and being brave enough to do it yeah it was it was it was and i'd learned something you know and peter long was the ceo and then kind of went on to become the ceo of tui and stuff great guy but but that approach so so who has spotted talent in you that you didn't realize you had at the time do you think because any standout the obvious person's got to be nick you know because i started as this young sort of scrut um he's got all these sort of stories with me um going for an interview because at the time i was doing an odd job thing so i turned up in a pair of ripped jeans and a jumper because i apologized but i was working um uh so and i think as i said that's grown from a sort of work partnership to a personal partnership of friends so i think the other thing that is just something that people i was never i need to go and do this i was never one of those people that is you you know the i'm so ambitious I need to get to the next level.

43:09I would always ensure that I loved what I was doing. I'd always work hard at it because I like working. And if I loved it, why wouldn't you? And naturally, I think people then go, those are the kind of people that you want in your business and where they want to go to. So if there's some of the messages we're talking to people out there today, I would say don't try too hard sometimes. I think some people try too hard. Just be you. Yeah. And because that's what people want. I mean, in a world of fakeness, people want you to be authentic anyway. So I think Nick as an individual, but then, you know, just luckily, I had lots of good bosses over the years that, you know, I would hope it was symbiotic in that it was good for me and for them.

43:52Yeah, and in a world, you mentioned about, you said before that people have been saying that, you know, gaming would end theme parks and all of that. And, of course, we're in an era of the pace of tech and development and stuff, and obviously AI. How is AI affecting the industry, do you think? I think as an output, it's a little bit less so at the moment. Maybe a customer journey piece on the output. Yes, yeah. But what it is doing, it's starting to craft product because it's much easier to do things now through AI and much quicker. yeah i mean we live in a world of pace don't we we do and and um uh you you can do i mean it's not ai but it's a really good example of years ago um when i was marketing director we'd have a piece of print done and and the piece of print would be done it would be then put onto a sheet and it would be put on a bike and the bike would be brought over to you and it might arrive the next day and you might comment on it and then you get it back on a bike you get it back to the print and this process is four or five days long and then in the advert of sort of um the internet the process became 30 minutes yeah because you were emailed it you've got 30 seconds to comment on it and send it back and ai is doing the same thing uh and i think personally i know there's some people very anti-ai i think as a as an enhancement tool it can be really good um but i I don't think it is a replacement tool as much as I know.

45:23Am I an expert in AI? No. But I think it's an enhancement tool. If it can make things better, that's a good thing. Yeah, I agree. I think it helps businesses go further faster. And I think it also opens up opportunities because the barriers to entry in a lot of businesses that would have involved significant capital investment in a lot of the projects that you've been involved in, there's cash on the table, isn't there? whereas I think in today's world actually AI you can start a business like tomorrow, you know, very, very fast. We've got a really good example in the brewery, a tiny craft brewery in the New South West and we've just gone on television and we've done a television advertisement and we did it through AI and it cost us a few thousand, low thousands pounds.

46:06You know, back in the day, I would have spent half a million quid on my TV ad for all the hours easily and, you know, had film crews flying out to wherever. Yeah. And I think with small businesses, it gives them exactly what you just said. It just gives them the ability to compete on a better level. Yeah, yeah. And actually, so now, obviously, you made the decision to go down the plural route. It felt right. The time was right. And you're involved. We actually got introduced through the Lost Estate. Yeah, we did. So you're a non-exec in that business. And you're doing other interesting things as well.

46:42How has that transition been for you from being very much running the show or being very not hands on? That's the wrong thing to say, because you're not in those big jobs. Clearly, you're delegating effectively to your team. But nonetheless, you're you're you're you're running the business. Right. Whereas as a Ned, it's a very different role, isn't it? It's much more advisory, strategic, et cetera. So that transition, do you have you found that easy or have you had to sort of learn a new approach to letting go? not not fiddling and dabbling and interfering it can be extremely frustrating yes you're no longer at the executive table being part of the decision making process you are well how did somebody describe to me you are the critical friend so you're you know you've just bought a new dress your best friend comes in the room and says do you like my dress you're the only person that can say know your bum looks big in it and and i think i i love the opportunity to be able to do that i love the opportunity to be involved in lots of different things with different really different businesses different eyes in the fire but um it's difficult being some i throw myself very deeply much more than non-exec would be i was out on the road recently um going around a whole world of pubs with weights yes i don't need to do that as an on-exec but i understand the business more by doing it, I get to know the team better.

48:06And quite frankly, I love it. Yeah, you're curious as well. You're learning, aren't you? I always said there's two reasons I would go and do something as a non-exec. One is that I can learn something. And the second is I can make a meaningful contribution. Yes. And there are some non-execs that you can't, or I can't. I mean, different horses for courses, isn't it? But I wouldn't want to be in one of those because then I would feel like I was shortchanging the business and I probably wouldn't be challenging myself. yeah um so so i think i miss the teams bit i'm i'm if you ask me one thing that defines my career would be the people and as a non-exec you're always slightly on the outside and and then you know i i have two cows three alpacas and two goats reporting to me now and and outside of that i don't have i don't have any people and that and that's quite yeah that that took a bit of adjustment yeah but you know I'm still involved enough to be happy with it but I'm not making those people decisions in the same way that I would have been before So how many Ned roles have you got then with the portfolio?

49:13I have got three paid Ned roles and two non-paid so I'm still on the Merlin's Magic One charity as a Ned and then when I left Merlin we set up a family charity where we support smaller charities and that's been quite successful. I've got a couple of ex-colleagues helping me do that. Right. And then I'm on the Lost Estate, which is the immersive dining. It's a fabulous concept, fabulous group of people again. The common theme will come out on all these neds. I'm on the Daniel Thwaites board, which is a hotel, hospitality, pubs company in the north. Again, what an amazing group of people. I mean, it really is fantastic to see them all the time.

50:02And then very bizarrely, I'm on the board of an architect's firm. Oh. They're based out of Torquay, but worldwide they do hotels and attractions, which is why I sort of have the association. So they're all bits I believe I can contribute to. They're all businesses that I love because I'm almost on all of them, I can go and kick the tyres. Yeah. And I quite like kicking tyres. And, yeah, keeps me out of jail. And, you know, a lot of those businesses that you just mentioned, their experiences, you know, that you really, I mean, the Lost Estate with Eddie, who I was lucky enough to interview, that's how Eddie Hackett and that's how we got to be introduced.

50:44I mean, talk about brand a little bit, right? Because how you create a sticky, memorable, meaningful brand in a world of bombardment and content, and there's a lot of incoming, right? Especially with social media. So creating a brand that people love and loyal to, it means something, there's values that they really kind of buy into. It's not an easy thing to do, but it's so important, isn't it? Because I always think the brand is almost like the glue, you know, in a business. not only internally but also excellence the glue between you and the end customer and the guest or whatever but what's your experience and and advice would you give to someone that's trying to build a brand that really means something and is sticky and memorable uh hard to build easy to lose would be the first thing i think you you've already said in the world that we're in loyalty authenticity uh honesty i mean all things that you know unsurprisingly are human values that people like um i also don't think it's about one big thing um we always used to talk about um a thousand gestures um and and it was the little things that made a difference you know in um if you go into uh if you go into a coffee shop and um they talk to you and and um you know that they they they don't just do the american have a nice day they actually talk to you you kind of you kind of remember that and and it's you'll go back and and so so i think it's made up of many many layers about how you sort of do i mean some people talk about technically about building it marketing of course it's all those things but actually it is about really getting into the heart of people and making sure they believe in what you're doing so i i think you know we were very lucky we had and very very strong brands that were developed over tens and tens of years by lots and lots of different people who had guardianship at the time um but but i do think those basic things and doing everything and the little things all and you know what if you don't get it right solve it you know nobody gets everything right in this world but i think again you become much more brand law to somebody if if something goes wrong and that they they go hey we got it wrong so let's talk to you about how we got it right and and you do something about it so so i i would i would say my personal opinion is i i very rarely do long-term brands happen overnight of course they do sometimes but are they still there in 10 15 years time is the problem because i think that takes a long time to build and a lot of effort and you've got to stay relevant as well right you know you've got to move with the times i mean also you have like a kodak moment or yeah nothing stands still does it no so you've got you've got to bend with the wind and you've got it you've got to know but you can still do that you can still have all your historic yes values and and authenticity but then you can take it where you know one of the big things the brands that do really really well is they they um they research themselves to death, don't you, with who their brand loyalists are.

54:04Yeah. So they're talking to people. So talk to people, find out what they want, find out how that can fit in with your brands and do something about it. Yeah, yeah. And I also think that, you know, don't be afraid to say who you're not for. Yeah. You know, niche down. If you try to be all things to all men and women, then you know you're probably just going to end up disappointing and not really standing for anything. You're never going to please everybody either, are you? You really aren't. You really aren't. I interviewed a lady called Barbara Muckerman a couple of years ago now. And Barbara at the time, she was the CEO of Silversea Cruises.

54:37She's now the CEO of Kempinski Hotels. Great woman. Absolutely fantastic. Real kind of, you know, strong, fierce she is, like in a good way, you know. And the conversation we had, she said, you know, you have to stand for something. Otherwise, you're a, I can't do her accent. But otherwise, you're, you know, you're a plain vanilla yogurt. Interesting. You're a plain vanilla yoghurt and no one wants to be a plain vanilla yoghurt. I thought, actually, you know, it was a really good kind of perspective. Don't be afraid to stand for something. And that therefore means that some people will not get you when you won't be for them and that's okay.

55:11But to be caught in this sort of no man's land of middleness of, you know. I might need to plagiarise the yoghurt there. Yeah, exactly. Please, courtesy of Barbara. I love that. Courtesy of Barbara. So there we are. But no, I think it's fascinating building brands, growing brands, organisations. And you've really, you have been a reinvention, but an evolution of yourself. But all through that, that kind of thread of people, values, honesty, fun. Yeah. You've got great energy. You walk in the room and people know you're there, right? That's a size thing. I think it's an aura. Well, it's everything.

55:46You know, sometimes people say, oh, you're a big personality. And I think there's always, there's two types of people in life, aren't there? There are the sort of the zappers where you think, oh, God, wait, mate. you know, and you're one of them. It makes you feel you can take on the world. And then there are sappers that just kind of suck the oxygen out of the room, right? And you said you were always in this positivity. I like the excitement of walking into a room because you never know what you're going to get, is there? It's a Forrest Gump. Life's like a box of chocolates. You never know what you're going to get.

56:16And we walk in here this morning and I meet Liam and I'm kind of going, well, okay, I've just come up on the tube. I'm a bit sweaty. It's a bit hot. And I've just come in and said, hi, Liam, how are you doing? oh, he's off to some big gig for the government tonight. And he kind of goes, okay, that's kind of life. But there's a great example of, you know, who knew what was going to happen today? You know, and I like that. Exactly, exactly. Life's a box of chocolates. Amazing. So what's next for you? You know, you're in this space of portfolio, loving what you're doing. You've got the small holding.

56:48You've got your alpacas and your chickens and your cows and all of that kind of good stuff. are you looking to just continue more of the same? What do you see this next phase of your life being like then? I'm not looking. I'm going to see what comes. Just being. I just, you know, I could turn around and say I'm going to do nothing else and then next week somebody will turn up and say, have you thought about doing this? And I might go, God, that sounds really interesting. And then I can't help myself. But I have no plan. You know, I'm lucky. I've got a good home life. I've got a good work balance.

57:26I'm busier than I probably thought I would be, but in a good way. So, yeah, no plan. Let's just see where life takes us. Yeah. Who's your go-to null star for when you're trying to sort of make decisions or decide on certain things? Who's your wingman or woman? My wife's a good wingman. You know, she sometimes gives me a different perspective. She comes from a very different background. She's a SENS teacher. Oh. And, you know, we're doing big business. She's doing a really important job, you know. And sometimes she'll say something and I'll go, gee, I didn't think about it like that. But it gives you a kind of more human perspective on it.

58:09I also have a very good couple of mates who are a little bit older and wiser than me, and I just trust their opinion. so I I um people I used to work with and and I would just say what do you think of this and they're rarely well there's no wrong advice it's whether I take it or not is the is the issue so I'm surrounded by groups of people that will tell me the truth and I think that's quite a good thing yeah definitely and actually anyone listening or watching you know be careful who you surround yourself with you know be really be selective you know because it does influence you you need to have those people that will not only support you with whatever you know whatever your ambition or purpose or whatever it is but will also say hang on a minute no no no you or you're getting a bit out of order there you know you're getting carried away and you do need that grounding so you want the support and the love and the honesty but you also want someone that's not going to like you know just kind of blow smoke up your backside i've seen that i mean in in in merlin we used to deal a lot with intellectual property and with um people famous people involved in that and there'd be very often times where the people they were surrounded with wouldn't tell them the truth i mean several times i remember us having to step in and tell the truth which was a very awkward place to be yes but you there's no good in being surrounded by what they used to call in in the sexist days of yes men yes women whatever it is you know you need people to tell you the truth because that's when you'll get the best decisions out of yourself well i think this is a very interesting point because it's actually are you going to tell me what you think i want or you're going to tell me what i actually need absolutely and and that's the difference isn't it but that does take a lot you know it does take courage to be able to have those difficult conversations to say hey you know no actually and it could go the wrong way it could be turned into conflicts you know a lot of people don't like that but you know if you if you treat yourself that's what you need to do yeah and i think doing it in an elegant nice kind way what even if it's a difficult conversation it needs to be had and it should be had in a respectful way shouldn't it you know 100 you don't you don't need to be brutal no no although i've seen very brutal terrible behavior in corporates as well i'm sure you have as well and that's not necessary and it's and that's sometimes i think when you're when you look you look as you're growing your leadership it's always helpful i think to observe of, you know, the behaviours that you want to replicate.

1:00:36But sometimes you see and think, oh, my God, I definitely don't want to be that kind of person. Yeah. No, 100%. I'm not a shouter. I've never shouted at anybody in my life, but I have red lines and people know where the red lines are. And if they were ever crossed, we'd have a discussion about it. I wouldn't have a shout too much about it. No. And it was then me explaining why those red lines were there. And then hopefully the conclusion was, you know, okay, I get that. Let's not go there again. but it's a relationship thing. Yeah, definitely. And it's, I mean, my mum never used to shout, but you just knew with a look.

1:01:09You just knew with a look. I had a dad the same. Very, very, very placid man. But, you know, you knew not to take the mickey. Yeah, exactly. Exactly. So you've given loads of advice, Fish, honestly. And it's been a great, I've really loved our conversation. It's kind of had ebbs and flows of all sorts of stuff in here. So that's super helpful. When you said about advice earlier, you say you get lots of advice and you don't always, you don't always listen to it or don't always put it into action let's say you listen but you don't necessarily follow so but is there any great advice that you have followed that you know you go actually yeah that was that was a bit of gold there that's helped you i think it's interesting because there's lots of things people have said you could pick you could pick things i i'd say i i thought about this and i thought i've got a piece of observational advice that I watched, and I've got hopefully an example that will explain it to people.

1:02:03My dad was a primary school headteacher, and he was an absolute genius of being able to talk to everybody. And he would be more friendly with the janitor than he would be with the deputy head because he just had this ability to talk to everybody in the spectrum. I don't like using the word the bottom or the top because everybody's got an important job to do in there. Yes, agreed. And I watched that from afar. And I think, hopefully, it's one of the things that's rubbed off on me a little bit. And I was thinking, well, how do you explain that? Because not many people on here are going to know my dad.

1:02:40And I thought Maya Angelou has got a brilliant, one of her great quotes is about that people, they won't remember what you say or what you do, but if you make them feel something um that's that's incredible and when you're managing people if you're able to put that across um and and and just make people feel good about themselves even at adversity because you can um i i think that's probably so so it's not it's not it's not a it's not a written or told piece of advice it's just a piece of observational advice is when you're managing people you know how do you feel about it if somebody does that to you um and and you've got the power particularly managing people to to be able to give that back yeah and and you know linked to that i think there's the whole concept of you know treat people as you'd like to be treated yourself isn't it put yourself on the other age age old isn't it it is a classic but it's true because i think sometimes we can get carried away with the position or the pressure or you know we can say things in a certain way and we don't always get it right and you know we could say sorry i shouldn't have spoken that way or whatever right and that's fine but i think yeah when you put yourself on the other side and you think actually even if it's bad news or it's difficult conversation how would i want to receive this that makes a big difference and i think the skill of putting yourself in other people's shoes literally and sometimes taking a deep breath saying well okay i hate what they're saying i hate what they're doing but if you put yourself on the other side of the table and you go okay i'm looking out with their eyes now i can start to understand why they're feeling the way they are and then you can modify yourself to try and get to something positive out of it.

1:04:15Well, that's the key word there. Why? Yeah. Isn't it? What's your why? Why are they doing that? Why are they behaving that way? Why are we doing what we're doing? Why are we doing this acquisition? Why are we making a decision to IPO and then take it? Why, why, why, why, why? You know, and if you still just keep asking why until you get to some kind of clarity. I think it's a really powerful thing to do in life and business, isn't it? Because if you're not clear on your why, well, then you're probably not going to be following the right A lot of businesses don't do very well because they don't communicate the why.

1:04:45Yeah. You know, I think if people feel informed about things, might disagree, but at least they understand. And actually, something you were saying earlier, and I think this is the key, maybe your dad had this skill as well. You know, it's the age old example, isn't it? Where NASA and the cleaners do it, you know, why I'm here to put a man on the moon. You know, it's cleaning the toilets or whatever it was, I think is the anecdote. but that individual knew exactly the role he played in the bigger picture and why he exists. Great story. Isn't it? It is. And you think, oh, God, yeah, we just need to instil a bit of that in everything we do and then we won't go too far wrong, will we?

1:05:24Yeah. So, Fish, this year for you, interesting year, lots going on. If you could describe it in one word, what would it be and why? There's an obvious word, isn't there, with my background? Well, tell me. it's a bit of a roller coaster um i don't think whether it's the year the 18 months the two years i don't think we've been in my lifetime in something that's been so traumatic both on a i don't know personal you know people worrying about their own personal finances to families to geopolitical big world stuff and everything else and sometimes you just want to sit down and go can we have a break um uh it's it really is a roller coaster and i think you know it's hard sometimes within everything that you've only got to pick a newspaper up and there's very little good news um i think there probably is good news it just it doesn't sell column inches so um uh and i think there's probably even more reason why you need to stay positive on things because it really is a roller coaster you've got to remember that everybody around you is feeling it the same and some people are stronger than others and sometimes you probably need to reach behind you and grab the ones that are less strong and take them with you and say it's going to be all right.

1:06:44Yeah. You know, we will be all right. The human race has been around a long time. But it is hard sometimes when you pick the papers up or you turn the news on or you look at your bank statements or all those things, you know, they come in. It's kind of, it seems to be incoming all the time, doesn't it? Yeah, I agree. I agree. So, yeah, be as positive as you can. But a rollercoaster of a year. yes well it comes back to the zappers of the sappers and you know it's easy to find something that's negative really and especially now it's even more of it so you're right sometimes you have to dig a bit deeper to kind of say okay well this too shall pass yeah and we will get through this and you know i always think well as long as someone's not died in this situation then everything else you can deal with i use that phrase a lot you know people people are absolutely on the knees and I go nobody died here let's just take a step back and think about it and I think that's a good phrase sometimes.

1:07:41Yeah let's get perspective perspective. Another word another great word. Yeah absolutely. So Fish what song are we going to add to our Spotify playlist from you? We like to ask all our guests for their music choice. I'm allowed to Go on then you agreed it. As it's me. You agreed but as it's you and as you did ask so nicely there'll be obvious ones when you you think about what one of my uh one of my all-time favorites is one called tub thumping um um uh which the main thing is uh chorus for those that know it will be i get knocked down but i get up again yes uh which you'll know yes most people think it's called if you get knocked down i'll get up again but it's not it's called tub thinking by Chumba Wumba.

1:08:26Chumba Wumba. And one is it's a really uplifting song. And two is it's a bit of a mantra. You know, you're always going to get a bit of stuff, but, you know, get back on the horse, your bike, whatever's your thing. So that's definitely one. And then the other one, which I absolutely love, probably one of my favourite films from The Greatest Showman, This Is Me by Keela Settle, I think, and the cast. but it's quite a powerful song in the film particularly because there's a place for everybody in society but there's a group of people that are saying that we're slightly different but it doesn't matter and I like that I like the fact that everybody's got a place to do something and it's a great song so yeah those two I think would be good uplifting songs that I probably will have in the car tomorrow on the way home there we are well we will let you have to because they were such good.

1:09:23If one of them wasn't so good, I'm going to have to narrow you down to one. But no, you can have to. Both are amazing, actually. I agree. And very emotive. Yes. Very emotive. So Brave Bold Brilliant is the name of the podcast and actually the proud brand of our business. Yeah, brilliant. But when you hear that, Brave Bold Brilliant, what does it mean to you, Fish? It's really interesting in the context that we've been talking about today because I think everybody, and I mean everybody, not just the high flyers, the entrepreneurs, has got the chance to be those three things. And the biggest thing that works against us sometimes is self-doubt.

1:10:06And I think if you can conquer the self-doubt, and everybody has it, so the most amazing CEOs, prime ministers, whatever you've had on here, will at some stage, I promise you, go through self-doubt because it's a human trait and um you've just got to remember you've kind of all humans have got this kind of superpower just to step over it it's hard you might need a bit of help um but remember it you know and and you can only do that if you're those three things well what a way to finish brilliant thank you fish great to talk to you oh it's a wrap What a conversation with fish. My God, we covered everything, didn't we?

1:10:50From early career, we're talking about bear to boardroom. What a story. You know, building brands that are authentic, leading with values, authenticity. And we covered so much. But for me, one of the real standout points from the interview was just how positivity and an approach to life and business means that you can really do magical things. So I certainly am coming out of this conversation with Fish feeling like I can take on the world. And I hope you feel the same way. And of course, if you've enjoyed this conversation, please do share the episode with your family, with your friends, with colleagues, anyone that you feel really needs that boost of positivity from Fish.

1:11:40And of course, please hit the subscribe button if you're watching on YouTube, if you're listening on Apple Podcasts or on Spotify. Again, hit subscribe, share with all your friends. And remember, it is by being brave and bold that you will unlock your brilliant.

1:12:02Thank you.

From the publisher

Jeannette talks to Mark “Fish” Fisher to uncover his extraordinary journey from a 16-year-old bear mascot at Alton Towers to the boardroom as Chief Development Officer for Merlin Entertainments. Mark opens up about taking a business to a £6 billion IPO, the harsh realities of navigating global crises like the COVID-19 pandemic, and the critical importance of staying fiercely authentic in rigid corporate environments.

Packed with candid insights on surviving the scrutiny of public markets, managing a workforce across 24 countries, and making agonizing welfare decisions during severe economic disruptions, this conversation provides an essential roadmap for scaling a business while keeping your team grounded.

You'll Learn Why:

Staying authentic is a competitive advantage; corporate facades fall apart under the intense scrutiny of public markets and analysts.

Building an in-house creative team drives product quality and innovation faster than relying solely on external agencies.

Maintaining transparent communication and rapid decision-making across global teams protects your company culture during sudden economic stops.

Transitioning from a hands-on executive to an advisory or board role requires checking your ego and trusting the talent you've nurtured.

Whether you're a founder, CEO, small business owner, entrepreneur, startup leader or executive, these lessons will help you navigate massive scale and build a resilient organization.

🚀 Want to accelerate your business growth?
Join Rise Academy today and gain access to expert business coaching, leadership training, proven growth frameworks, live coaching sessions, and practical strategies designed to help you build a thriving business.

About Jeannette Linfoot

ABOUT THE HOST
Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 30 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.

Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.

Podcast Description
Jeannette Linfoot talks to incredible people about their experiences in business and life, gaining first hand insight into how they unleashed their potential to become Brave Bold Brilliant.From the boardroom tables of big international businesses to the exciting world of entrepreneurs it's all about stepping up to the next level while staying true to yourself.

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