Whether you want to build a sustainable business, explore different funding options, or just avoid going bankrupt; creating a financial model is nearly indispensable. As a founder, you already have a variety of responsibilities, but building a financial model helps eliminate risk by quantifying and validating your vision and assumptions…

Financial modeling has proven itself to be an indispensable tool for startups and founders. An entrepreneur might create a financial model for garnering investor interest or strategic planning, such as calculating runway and deciding budgets. However, financial modeling typically involves an Excel spreadsheet where complexity and confusion can increase without…

While it’s easy to use immediate sales and short-term metrics as success indicators, SaaS startups must consider other factors to prevent bottlenecks when scaling. Given the nature of monthly subscriptions, metrics such as churn and user retention are exceedingly important. …

For some reasons you would like to know how much your startup is worth, maybe you are searching for investors and you want to know what offers you should expect, or maybe you are searching for a co-founder and want to give him some equity or you are planning on…

Creating different scenarios for your financial model is the process of examining and evaluating possible events or scenarios that would impact your assumptions and, in turn, change the result of your projections. Why is scenario analysis useful Scenario analysis is often used to get an idea of the most extreme directions that a financial model could take. It is useful for founders and investors to get an idea of what would happen if everything goes “bad” or if everything goes “right”. …

Financial modeling is a very interesting discipline, because even if you are an expert or you have the perfect template, you still need to do some guessing. Isn’t there a better alternative? Honestly I think that the disciplines where there isn’t a “correct” answer or where the “correct” answer isn’t known until you try it (basically in the future) are the most fascinating and hardest ones. Jobs like these are researchers, entrepreneurs or financial modelers.

There are a lot of resources for startups and programmers on how to create a mobile app, but there are very few resources to learn which infrastructure or tech stack to use, especially if you want to keep things cheap or free. I’m serious, this is not clickbait, you can build a mobile app complete of frontend, backend and database for absolutely zero upfront and monthly cost. …