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

Guest: https://www.linkedin.com/in/s-carolinalago/