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Paula Wingate - Tragic exits: 7 figure business owner in intensive care with no exit plan in place
Manage episode 435009351 series 3453768
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Have you planned for the worst?
Imagine you’re at death’s door and know you have no plan for what will happen to your business if you die.
This is the exact experience one of my guest’s clients faced. And the worst did happen. Sadly, she passed with no plan for what would happen to the business once she was gone. Not a situation anyone wants to find themselves in.
In this episode I am joined by Paula Wingate, who is dedicated to helping 7 figure hardworking women unleash their explosive business potential without feeling overwhelmed or sacrificing their life in the process.
She shares stories that will make you think twice about your own business planning. She also turns the tables and interviews me about my own journey scaling Wilkinson Accounting Solutions, how to price right from the start and what every business owner should be doing to sell their business at maximum value.
There is a lot to learn from this one so get ready!
“Sometimes you've got to get that slap in the face to say, is this worth it?" – Paula Wingate
Timestamps
01:23 – Introduction to Paula
02:08 - 7 figure tragedies in exits
06:56 - Going from 100 to 40 hours work a week
12:20 - Julie's journey employing others
16:50 - What would Julie do differently?
22:52 - Paying for the right people
26:58 - Pricing wrong from the start
36:12 - How Julie makes 3.5 return from expenses
42:41 - How to sell your business at max value
Connect with Paula Wingate:
LinkedIn - https://www.linkedin.com/in/7figurebusinesscoach/
Influential Minds - https://www.influentialminds.co.uk/
Connect With Julie Wilkinson
LinkedIn - https://www.linkedin.com/in/juliewilkinson-accounting/
Tik Tok – https://www.tiktok.com/@wasolutions
YouTube - https://www.youtube.com/channel/UCUvq6gfNoP_4dfIJulL6C6A
Facebook - https://www.facebook.com/wilkinsonaccountingsolutions
Website - https://wilkinsonaccountingsolutions.co.uk/
Before you go, don’t forget to leave a comment and review if you got something out of this episode!
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