5 Steps To Make Your First Million - Julie Wilkinson and Harry Sardinas

In this video, Harry Sardinas interviews Julie Wilkinson, founder of Wilkinson Accounting Solutions, who shares five key steps for businesses to make an extra million. Julie emphasizes the importance of combining business and financial planning, understanding financial statements, and the role of advisors and investments. She discusses the significance of proper pricing and the potential of acquisitions as a growth strategy. The conversation also covers the intricacies of mergers and acquisitions, highlighting the importance of having a solid plan and understanding the financial aspects. Julie also shares her experience in mergers and acquisitions, the challenges of growing a business organically, and the value of mentorship and knowledge in achieving business success.

Julie Wilkinson has over 12 years of experience delivering financial expertise to a variety of companies from smaller SMEs to large corporate firms. Julie's entrepreneurial journey began when she started Wilkinson Accounting Solutions. Within 2.5 years, she grew a team of 14 people who all share a passion to help other business owners build sustainable growth. Her expertise has allowed clients to build a business that runs without them and to maximise their value, allowing them to live their life while running a business. Julie also has several other business ventures including building her own property portfolio and business acquisitions. She is also a finance coach and mentor, helping others believe in themselves and supporting their personal development goals.

For more info about Julie Wilkinson visit:

Timestamp

0:00 Introduction

0:11 Guest Introduction

1:27 Business Missions

1:57 Financial Literacy

3:39 Entrepreneurial Challenges

5:52 Five Key Steps for Business Growth

7:08 Importance of Financial Planning

14:04 Investments and Advisors

17:34 Pricing Strategies

22:53 Acquisitions for Growth

27:48 Introduction to Mergers and Acquisitions

28:21 Challenges in Buying Businesses

29:39 Importance of Passion in Acquisitions

30:50 Understanding Mergers vs Acquisitions

32:35 Role of Advisors in M&A

33:13 Types of Business Owners

34:02 Preparing for Exit Planning

40:05 Valuation of Businesses

49:25 Cost Reduction Strategies

53:16 Acquiring a Home Insurance Company

53:42 Benefits of Acquisition Over Marketing

54:39 Cost of Client Acquisition

56:23 Long-Term Client Value

58:22 Pricing Strategy

1:00:07 Systems and Structure

1:00:41 Importance of Right Systems

1:04:37 Cost Management

1:13:41 ConclusionAbout The Host

Harry Sardinas is an Exponential Business Growth Strategist, Empowerment, Leadership, Public Speaking and Business Coach living in London, Influencer with 283,000+ followers, Events Organizer-connecting investors and entrepreneurs with opportunities. Harry helps companies to turn their products into global brands from the stage and he mentors tech companies and businesses to Get Pitch Ready and Investment Ready.

Feel free to connect with me here: to explore about events, speaking, branding and marketing solutions for entrepreneurs and influencers. I am launching a collaborative book for entrepreneurs who have sold at least 1 million pounds. Message me (Harry) +447775596554 to collaborate.

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"Unstoppable Podcast - Harry Sardinas," podcast brings you inspiring conversations with influential millionaires, angel investors, property investors, thought leaders, and entrepreneurs who are making a massive difference in the world with their innovative products and services.