EPISODE · Feb 19, 2024 · 28 MIN
Kath Jones - £100k debt from funding that fell through
from Build and Exit · host Julie Wilkinson
Imagine being in £100K of debt because of a scam. This is a nightmare situation for any business owner who puts their trust into others and is exactly the position my guest, Kath Jones found herself in. She is the founder of Think Wine Group and ended up losing £100K after her agent scammed her and the funding she got to salvage the situation never came through. Kath shares how all of this has impacted her mental health as well as the business and the lessons she has learned from it. She also discusses the steps she is taking to ensure this never happens again. “Nobody knew where he had gone, the winery couldn't find him, it was just crazy” – Kath Jones Timestamps 01:58 - Kath on starting her wine business 06:21 – Kath’s experience with investment scams 10:55 – The consequences of being scammed 15:29 - Dealing with anxiety and denial in a business deal 19:32 – What Kath wishes she had done differently 26:40 – The most important lesson to learn Connect with Kath Jones LinkedIn - https://www.linkedin.com/in/katherine-jones-638682a0/ Think Wine Group - https://www.thinkwinegroup.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/@wilkinsonaccountingsolutio4018 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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Kath Jones - £100k debt from funding that fell through
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