Paula Wingate - Tragic exits: 7 figure business owner in intensive care with no exit plan in place

Build and Exit

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!