UPDATE: New online class for 2013 is listed on Skillshare here.
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.
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 Excel template financial models for startups, and hundreds have taken one of his classes about financial modeling for entrepreneurs.
He loves creating things, traveling, baseball statistics, and whisky. The two most popular things he has ever written on the web are about how to fail in business and how to pack for a nomadic life, two things he would rather not be known for.
Taylor was born in Virginia, lived in the Bahamas and England when he was young, and graduated from the University of Virginia with a BA in Economics and the Tepper School of Business at Carnegie Mellon University with an MBA in Finance. New Orleans, LA owns a part of his soul, but he currently lives in New York, NY.
Classes revolve around completing a project and collaborating with fellow students to give and get feedback on your work. Use Video Lessons and the Project Guide designed by your teacher to complete your class project.
Teachers design and present all class content, but Skillshare is community based around student-to-student interaction. You'll be surprised at what you learn from your classmates!
Never! Once enrolled, you have lifetime access to class materials. That means you can learn when and where you want. Learn at your own pace.