In this episode we're joined by Carolina Lago.
She is an expert in financial modelling. She's got a finance background and she's currently working as a consultant and trainer to help corporates and individuals to improve their financial modelling skills. This episode is all about the financial modelling essentials. I thought Carolina was a fantastic person to help us dive into some of the basics of financial models. What is a financial model? What are the different things that you can do with a financial model?
Who should be building financial models? Who should know how they work and some tips and tricks. And she was absolutely fantastic. She shared her insights, her recommendations, also her things that you should really look out for and avoid. So this show is just packed full of golden nuggets to help you when you are making a big decision. If you really want to understand the finances and the data around a big decision, then this is the episode for you.
Of course, at the end, I threw some fun questions at her just to keep her on her toes. But she was absolutely fantastic. And I hope you enjoy the episode. Thanks.
Chapters
Introduction and Background
Carolina's Training Course
The Importance of Financial Modeling
Using Emojis to Describe Business Ventures
Types of Financial Models
What is Financial Modeling?
Essentials of a Good Financial Model
Common Financial Models
Who Should Build Financial Models?
Avoiding Hard-Coded Values in Models
Using Consistent Design and Structure
The Value of Future-Proofing Models
When to Use Financial Models
Financial Models for Different Departments
The Role of Financial Models in Decision-Making
The Use of Technology in Financial Modeling
Common Mistakes to Avoid in Financial Models
Using Python in Excel for Advanced Modeling
Success Stories in Financial Modeling
Building a Financial Model
Emerging Trends in Financial Modeling
Favorite Tech Tools
Favorite Productivity Hack: Notion
Dream Collaboration: Microsoft
Collaborating with Google Sheets
Favorite Phrase or Quote
Favorite Chart or Visual: Waterfall
Craziest Advice Given: Focus on Processes
Desire to Learn Coding
Launching a Course
Useful links
Host: https://www.linkedin.com/in/siritchie/
Sponsor: https://www.blox.so/
Sponsor Linkedin: https://www.linkedin.com/company/blox-plan