FINANCE FOR STARTUPS: HOW TO MEASURE & SCALE
The top reason startups fail is NOT because they didn’t raise a boatload of $ from investors. The #1 reason companies fail is because they run out of cash. On average, 75% of companies ONLY have 27 days of cash on hand. Instead of blaming the market, we need to put our companies in the cash position to thrive despite circumstances.
Here’s What You’ll Learn:
- The key places companies run out of money.
- Identifying the 4 key financial pillars you need to be tracking.
- How to track the financial health of your business.
- Exercises you can be doing to stay on top of the financial health of your business.
ABOUT YOUR GROWTH EXPERT:
LYNDSEY BUNTING,
FOUNDER OF BLUE ONION LABS
Lyndsey Bunting is the founder of Blue Onion Labs, helping finance and accounting teams trace and reconcile order transactions to create a single source of truth. She’s also the former VP of Finance for Birchbox & Former CFO of Resonance Companies. In this session, she walks you through the importance and pieces to consider in financial modeling for early-stage companies.
What Your Growth Expert Will Teach You
- Part 1: About Your Expert & What to Expect (1:03)
- Part 2: Why Companies Fail (5:03)
- Part 3: Understanding Your Income Statement (5:29)
- Part 4: Unit Economics (7:07)
- Part 5: Customer Economics (4:58)
- Part 6: Operating Systems (2:08)
- Part 7: Working Capital (5:55)
- Part 8: Things to Keep In Mind (0:53)
- Bonus: How Often Should You Update Your Business Model? (1:07)
- Bonus: What Financial Modeling Do You Need For Fundraising? (1:58)
- Bonus: When to Bring On A Finance Person for Your Team & Mistakes to Avoid (2:04)
- Bonus: How to Grow Without Funding? (1:52)
- Bonus: Where Do Investors Want Your Numbers To Be At? (1:26)
- Bonus: When To Bring On A CFO? (1:16)
OTHER GROWTH EXPERT COURSES YOU MAY LIKE
Step up your scaling game by learning from more Growth Experts across traction topics.
