Financial Modeling for Entrepreneurs

Class Project

Build a financial model for your business idea

UPDATE: New online class for 2013 is listed on Skillshare here.

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Learn how to translate any business idea into a financial model and leave this class with a completed financial model for your own business idea.

The goal of a financial model is to "tell the story about your business in math" - something I’ve done for 1000s of businesses of all sizes as a VC at kbs+ Ventures. It’s also something I’ve helped 10,000+ entrepreneurs do with the modeling tools I built at Foresight.

Through this class, you'll understand how to take a business idea and turn it into a financial model that details how your business "works". The end result of the class - a detailed outline and structure of the main assumptions, revenues, costs, financial statements, and funding requirements, will create a map for you to explore how tactical product, marketing, organizational, and strategic decisions impact a company’s profitability.

Each week, the goal is to tackle a different part of a financial model, and we'll work on particular keys to revenues, costs, user estimates, cap table, and tackle the particular obstacles in each component of a financial model.

The focus is on building financial models in Excel. You’ll learn how to turn a mental business idea into an Excel financial model by building out assumptions, costs, revenues, user analyses, financial statements, scenarios, funding requirements, and capitalization tables.

Beginner Difficulty
17

Student Projects Submitted

Project Guide by Taylor Davidson

VC, kbs+ Ventures

Taylor Davidson is a venture capitalist at kbs+ Ventures, the thematic early-stage venture investment arm of the advertising agency kbs+. He is an advisor to a range of early-stage ventures and a mentor with Launch Pad Ignition and The Brandery. Over 10,000 entrepreneurs have downloaded one of his E... view full bio