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Tell me if this sounds familiar: You're a founder hustling in a big city, You're working with your team having a huge impact, You're rubbing shoulders with investors, advisors, and industry moguls - many of whom think you have promise. You're seeing HUGE opportunity, talking every day with customers, and so energized to get things going. But tomorrow is Christmas Eve. Next week is New Years. And suddenly - Investors are on vacation, the team is mysteriously absent, the internet is getting quiet, And you're sitting on a couch in a family member's home, staring at your inbox. Tonight, you'll be trying to explain to Aunt Norma how No, you're not a doctor or a lawyer, but your potential ROI is insane! And she'll look at you with concern. And pat your shoulder and say she's going to introduce you to her neighbor, who's son's cousin's boyfriend works at Google. ("He's very important there - I don't know anything about it, but they said he's something called an L4!") Meanwhile, no matter how small your family's Hanukkah bush, you can't buy gelt with options or equity shares (yet). So you might be suffering through some half-hearted smiles As your mom tries to feign excitement at the 2nd-hand socks you were able to afford to gift her. Being a founder over the holidays isn't always easy. But here's the thing: There are 2 balls you can push forward during the holidays, maybe more than any other time:
While you might feel frustrated and distracted during this time, like you're being held back, Learning how to relax and connect can be one of the hardest and most valuable things we learn to do as founders. Because the reality is: You're a founder now. You will always be too busy You will always be the weirdo in non-founder gatherings. And if you want to survive in this business, You have to learn to disconnect from work and recover, and You have to learn how to connect and feel in community with people who don't get it. So close that laptop and go hunt down some holiday cookies. All of us startup nerds will still be here in January. Your Daily CFO, Lauren |
CEO-turned-CFO & finance instructor, Lauren Pearl, drops a daily tip that helps startup founders grow their businesses and control their destinies. Learn why this growing list with a 60% open rate led to LP being named top 25 Finance Thought Leader and host of the #3 CFO podcast for 2025
I was just watching an amazing video by modeling expert Chris Reilly on how he maps out financial models before building them. And it made me realize something about how traditional Big-Co FP&A is totally different from building financial models for startups And how Finance best practices - in general - should be different for startups than they are in big companies. It all comes down to this: It's backwards. In Chris's video, He starts his modeling map based on the Raw Data (your historical...
First a quick reminder: Startup Financial Modeling 101 LIVE is happening online next week! There are still a few early-bird discount tickets left if you want to join! Okay, now back to our regularly-scheduled CFO newsletter program: Ahh... the beautiful sounds of a new CEO learning to delegate: "How the HECK don't they get it?!" "It's been 3 weeks - HOW is this not done yet?!" "How could they POSSIBLY think that was the right decision?!" "Seriously?! Do I have to do EVERYTHING myself?!" If...
Other advisors sometimes ask my why I focus on teaching financial modeling to founders. Most other FracCFOs don't do this, and for good reason: It's an uphill battle sometimes, because many founders just want to outsource it FracCFOs make TONS of money building models for founders (minimum ~10k per model!) Founders are less reliant on you when they know how to run their own model Models built by founders often only make sense to founders and VCs; many finance folks will think they're too...