The Skills Recharged™ conversation continued with Dalan Vanterpool. We chatted about the passing on of generational wealth and skills, financial analysis for non-financial professionals, and continued the Keep Your Stride™ discussion about knowing your stats and being teachable. Check out the replay for episode three.

Show Notes:

[01:37] Levels of wealth: creators, growers, and maintenance

[06:20] The passing on of generational skills and wealth

[13:29] Financial Analysis for Non-Financial Professionals

[16:02] Working Capital Ratio

[17:12] Quick Ratio

[18:37] Earning Per Share (EPS)

[20:10] Price Earnings Ratio

[21:00] Forward PR Ratio

[22:40] Debt-To-Equity Ratio (D/E)

[23:16] Loan-To-Value Ratio (LTV)

[25:07] Recap of how understanding financial terms help assets the money line from different aspects.

[26:50] Discussion about the learning approach to have a valuable conversation about money along the money line.

[30:20] Cash Flow Statements

[32:39] Keep Your Stride discussion

[33:34] Knowing your stats and being teachable as it relates to process management

[36:38] Chatted about SWOT analysis and review of artifacts supports knowing your stats.

[38:13] Staying informed and being consistent with the review process.

[39:25] Discussion about being teachable.

[43:00] Documentation of processes.

[46:15] Chatted about the need to invest in resources and be willing to ask for help in the workplace.

[47:49] The book Spring Your Way To Scrum by Bonsy Yelsangi (resource share)