Owner To Owner Podcast

PART 1 - Sir Steven Wilkinson from Good & Prosper on becoming fluent in the language of business.

Episode Summary

PART 1 - Sir Steven Wilkinson from Good & Prosper educates owners about business value. He increases financial literacy by helping owners become more fluent in the language of business.

Episode Notes

@Sir Stephen Wilkinson  is the  founder of @Good & Prosper,  a knowledge business for #entrepreneurs and #business owners. He educates #businessowners about #businessvalue by helping them become fluent in the #languageofbusiness.

In our discussion we talk about; 

• the shortcomings and opportunities related to the traditional approach to #managingfinances in a typical small business
• the upside of increasing #financialliteracy
• how to understand the story your #businessnumbers are trying to tell you
• the importance of always understanding and regularly assessing the value of your business value, in the same way that #listedbusinesses
• #confidentcapitalism
• his unique pathway to #finance from studying #literature and #arts
• the importance of seeking out a #mentor to teach you in those formative early years of being a #businessowner
• #advisoryboards and mentors in #smallbusiness
• why #owners and #advisers need to look at the #balancesheet and not just the #profitandloss 
• the need for business owners to take responsibility and say;
  • I want to learn this stuff
  • I want to know how it works, and 
  • What I can do better
• when the best accountancy practitioners in the world can't help you
• @Jack Stack and the Great Game of Business, which effectively teaches the importance of finance and sharing financial information with the entire company. in order to get everybody on board and understand how to play the game

@kerrcapital