Can Your Business Idea Make Money?

January 26, 2022

⚠️ Creating a basic financial model is easy and should be prioritized early in the business creation process.

WHY? ...Because it can save you a lot of money and time, allowing you to either cancel the project or pivot early on.

If you’re looking to raise money, then creating a financial model is likely a mandatory step. But for most people who are looking to bootstrap their business, this step is often significantly delayed or missed.

Currently, I am working on launching the second business of my 90 Day Challenge:

Identified the offering ✅
Conducted a Competitor Analysis ✅
Completed a basic financial model ✅

Below I’ve attached a video walkthrough of the actual model for my next business, along with two templates that you can use for your next business idea:

Financial Model Template Simple Version — Click Here

https://docs.google.com/spreadsheets/d/1-Sgfy9YjdbEVxN5YtTPHGKShYKcXRx-uP-YllurMaBU/edit?usp=sharing

Financial Model Template — Click Here

https://docs.google.com/spreadsheets/d/1UqVbGvTW3scLzgVtnBJem6QWwWo1b-5YhUz7l7cHc4E/edit?usp=sharing

PS. Whenever you're ready... Here are three more ways I can help you become your most productive self:

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