Early-stage startups sometimes lack a financial model. Learn to map qualitative data into concrete business cases & use, to make decisions.
About this event
How can we judge early-stage projects without a business case? Customer empathy sounds great, but where are the numbers? How can I bet my business without concrete market sizing?
Design thinking is great, but mapping empathy into a spreadsheet is hard. Early stage entrepreneurs and the finance team need to come together to help map qualitative data into concrete business cases that can be used to make go / no go decisions. Even early-stage projects can create simple, understandable financial models in as little as an hour. Those models can serve to focus the type of experiments and research the team needs to do to prove a good investment.
This talk will walk through how to create a financial model from a blank sheet to a more robust analysis and show how that links back to validating business cases with design thinking and lean startup methods.