{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/621c9c376ac9100012a01696/62228bbd3539050012c87231?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"How I Got My Business Into and Out of £150k Debt | Ep 03","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/621c9c376ac9100012a01696/1646042199941-ab58dbe30cd9c17e2acf31f9a2370364.jpeg?height=200","description":"<p>In my second solo episode, I share one of my biggest mistakes in business and how I managed to get myself into £150k without knowing about it. I am going to give you a very frank and open breakdown of what I consider to be one of my biggest failures in business and what I learned.</p><p><br></p><p>This is, in my opinion, one of the most important lessons need to learn as a business owner.</p><p>&nbsp;</p><p>I’ll discuss:</p><ul><li>My fears around money and debt.</li><li>How I ended up in £150k in debt.</li><li>One of the most important things most SME company directors don’t know that could get them into legal and financial trouble.</li><li>How knowing my numbers helped my business when Covid struck.</li><li>How my understanding of my business finances helps me in my personal life and helps me sleep at night.</li><li>How challenging doing your business finances can be.</li><li>The three financial reports you should be looking at on a regular basis as an entrepreneur.</li><li>How often you should be looking at them.</li><li>The first thing you should do in a financial crisis as a business owner.</li></ul><p><br></p><p>Key Learnings:</p><ul><li>If you don’t understand your business finances you are at serious risk of going out of business.</li></ul><p><br></p><p><br></p><p><strong><u>Like this show? Please leave us a review here.</u></strong></p><p>&nbsp;</p><p>***</p><p>Jeremy Jacobs is an experienced entrepreneur, business consultant, and mentor. He started his career in digital marketing, managing multi-million-pound campaigns for well-known global brands. He left that career to start 2 businesses including a food manufacturing company with his Mum which ran successfully for 13 years. He now works as a mentor and consultant for a wide range of businesses including start-ups and solo entrepreneurs through his marketing and management consultancy, Cookie Jar Consultancy. He has an MBA with Distinction from the University of Sussex.</p><p>&nbsp;</p><p>He is proudly neurodivergent and a member of the LGBTQ+ community. He lives in Sussex with his partner and their two dogs.</p><p><br></p><p>Personal website: <a href=\"https://jeremyjacobs.co.uk/\" rel=\"noopener noreferrer\" target=\"_blank\">https://jeremyjacobs.co.uk</a></p><p>Cookie Jar: <a href=\"http://cookiejar.info/\" rel=\"noopener noreferrer\" target=\"_blank\">http://cookiejar.info/</a></p><p><br></p><p><br></p><p><strong>social media accounts:</strong></p><p>&nbsp;</p><p><em>LinkedIn:</em> <a href=\"https://www.linkedin.com/in/jeremyjacobsuk/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>https://www.linkedin.com/in/jeremyjacobsuk/</strong></a></p><p><em>Instagram:</em> <a href=\"https://www.instagram.com/jeremyjacobsuk\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>https://www.instagram.com/jeremyjacobsuk</strong></a></p><p><em>Facebook:</em> <a href=\"https://www.facebook.com/jeremyjacobsuk\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>https://www.facebook.com/jeremyjacobsuk</strong></a></p><p><br></p>","author_name":"Jeremy Jacobs"}