Have an idea and need to figure out if it's viable? Learn how to setup a model in Sheets, find your profit, revenue, acquisition costs, hiring needs. I've used this process to do several startups, including one which turned a $40k seed into well over $1M USD.
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Maker
Hey Founders and Future Founders!
One of the things I've picked up on as a repeat founder is what I call startup modeling. It's kind of like business validation, with a wider focus.. to make sure your idea will also be capable of meeting your own needs!
Ever have an 'awesome' business idea and need to get it into a spreadsheet to figure out if it's viable? Want a magic crystal ball to learn some of the predictable future of your business.. by the numbers?
I have, and when the modeling works, it's GOLDEN. I've created a mini-course with step by step videos and docs on how to setup a startup model using Google Sheets. I've used this process to do several startups, including one which turned a $40k seed into well over $1M USD.
I made this mini-course to help other founders who need to know their numbers quickly, instead of waiting weeks/months to guess. I start with an empty spreadsheet and you see me build it bit by bit, answering questions and doing research as I go. We encounter problems in the model and solve them now, instead of in months. I do this in the context of a theoretical print-on-demand tshirt/hoodie business.
In the mini-course, which takes 2-3 hours, we go over a lot of ground FAST:
- Is your idea a good one?
- When/if it will be profitable?
- Customer acquisition costs
- Hiring plan and timeline
- Paying yourself
- Launch timeline and cost
- Marketing and conversions
- Goals and targets
- Revenue streams
- How to price things
- Where to spend your time
- Investment needs
-The path to your dreams
The outcome of this course is a WORKING spreadsheet model of your business. The course comes with the full spreadsheet as well, step by step and finalized versions.
When you're done, you'll know if you have a hit or a miss on your hands, how far it can go, and what the major numbers are you can include in your pitch deck for investors or for recruiting a team around you.
It's $29 now as the launch price, will go to $79 a few days after the PH launch in early December.