Kath Jones - £100k debt from funding that fell through

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!