Episode 117: Kat Wellum-Kent Resources

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What must it feel like to leave a promising, high-flying career with a leading firm to start up your own practice? To hand your notice in and, six months later, kick-start your accountancy firm with just one client?

Well, that's exactly what Kat Wellum-Kent has done. She set up Fractional Finance and has grown that to a business with a fairly clear vision of building a £5 million turnover in just five years. She has clients paying her, yes, just £400 a month, but also clients paying her £7500 a month.

In this podcast, Kat shares her insights around fairness for her team and the vision based around how this will play out for her clients. She explains the importance of building a vision board and having good reasons for why you're doing what you're doing, so that in those moments where it gets tough, you can have a quick check-in on your vision board and say, yeah, I'm on the right path.

Why not go to this podcast discussion with Kat Wellum-Kent to hear those deep insights and see how they might apply to your established firm, or your start-up firm, or the firm that you've got in your mind's eye that you're looking to set up in the not-too-distant future.

https://humanisethenumbers.online/episode-117-kat-wellum-kent-of-fractional-finance/

Tweets For This Episode 

1. Listen to this Humanise The Numbers podcast with Kat Wellum-Kent of Fractional Finance as she talks about her ideal clients and why she will sometimes say no.

2. Listen to this Humanise The Numbers podcast as Kat Wellum-Kent of Fractional Finance talks about her BHAG (Big Hairy Audicious Goal).

3. Listen to this Humanise The Numbers podcast with Kat Wellum-Kent of Fractional Finance as she shares insights about her discovery calls with new clients and her onboarding process.

https://humanisethenumbers.online/episode-117-kat-wellum-kent-of-fractional-finance/

LinkedIn Posts For This Episode

1. Listen to this Humanise The Numbers podcast with Kat Wellum-Kent of Fractional Finance. Kat talks very openly about her reasons for wanting to be her own boss and her vision for the future.  She even shares her BHAG (Big Hairy Audacious Goal) and the reasons why she feels that this is an achievable goal - if they work with the right clients. Kat shares the importance of working with clients that are the right fit for her team, as well as what she looks for in an ideal client and the reasons why she will sometimes say no.

2. Listen to this Humanise The Numbers podcast with Kat Wellum-Kent of Fractional Finance. Kat discusses her onboarding process and what the discovery call and the follow-on call entail. Kat shares the importance of building the relationship right from the beginning so that the things that really matter to the client come to the surface, enabling Kat to decide whether to work with a client or not.

3. Listen to this Humanise The Numbers podcast with Kat Wellum-Kent of Fractional Finance. Kat discusses how she manages her time and, though she feels at the moment that, due to staffing and recruitment, she has not got that quite right, she has a very clear plan of what to put in place to be able to cascade work away from herself so that she can focus on doing the things she loves. She shares the importance of time blocking her diary and sticking to it and why a virtual assistant has made all the difference to her working practices.

4. Listen to this Humanise The Numbers podcast with Kat Wellum-Kent of Fractional Finance. Kat discusses the metrics in her business and the KPIs she measures on a weekly, monthly and quarterly basis, as well as why she is on the verge of getting rid of time sheets.

5. Listen to this Humanise The Numbers podcast with Kat Wellum-Kent of Fractional Finance. Kat talks about the importance of the client relationship with her team and why getting the right team members is crucial. The premise of Kat's business is "a whole finance team on a fractional basis." You can listen to her break down the detail of this here.

https://humanisethenumbers.online/episode-117-kat-wellum-kent-of-fractional-finance/

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Soundbite for this episode

Here is a soundbite of the interview with Kat-Wellum Kent

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