Revenues, Costs and Profits
Puerto Rico Summer 2012 Semester
How do you plan to make money? How do you build a financial model? What are the types of expenses, such as fixed expenses and costs of goods sold, and how do they scale? How do you know if your model is right? What do angel investors and venture capitalists expect from your financial model? How do you identify the key metrics for your success?
Build a financial model.
2012-08-08, 06:30 PM
Founder, Customer Development Labs
I’m the founder of successful-ish companies in the healthcare and mobile spaces.
The companies weren’t always successful. In fact, my healthcare company started as a failure. I wasted 18 months, and $50k building software…that no one wanted.