With the experience of the Director of various seafood companies, Mark Holyoake took a big leap. He acquired Iceland Seafood International. Many investors at the time, viewed the move as risky, but not for the determined new owner.
He joined the board of directors and developed the company’s operational structure. At the time, the country was experiencing some economic hardships.
The economy and banking sectors had utterly collapsed. But Mark’s expertise helped him guide the company and created a sustainable business environment.
Holyoake’s vision was unity. He was determined to unite existing fishing groups, have a business that was in line with the development and one that impacted the natives.
Mark Holyoake had a personal interest in the food industry. He looked forward to an industry with standards and infrastructure. The two would boost the industry and allow it to thrive on a long-term basis.
To achieve that, he needed collaborations, restructuring, streamlining operations, and infrastructures. His efforts paid off. In 2010, he was able to purchase the majority shares of Iceland Seafood International. The company has enjoyed growth, collaboration within the industry, and has financial stability.
In his term, he believes success is a potential long-term payout. He loves investment, which he can create long-term structural changes. Deals that can span with the years although immediately they are not recognized.
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Mark Holyoake’s career involves him deciding for success. Currently, his hardest decision was stepping down from the board of directors of Iceland Seafood. Having been at the forefront, and allowing others to take reins was difficult for him.
But Mark Holyoake was keen to see how the new key players will play out. His departure also saw the company valuation increase, with 27% of Iceland fishing quota being the new partners.
As an entrepreneur, he has experienced self-doubting moments. Investment in a growing industry is daring, and such moves come with a lot of doubt. Mark Holyoake’s secret to focus on the positive was to take tasks at hand a day at a time. He stopped worrying much about the future and worked for the current.
He believes in collaboration. With Iceland Seafood International, cohesive operations lead to growth. All partners had control of the fishing process from fishing, packaging, and transportation.