Finance & Strategy SaaS Leader || +18 Years Experience || I share tips on finance, strategy and personal growth.
Why startups need a killer finance team (to sustainability scale and succeed) Back in the day, The first finance hire was A traditional bookkeeper or accountant. How times have changed. With the rise of venture captial, Finance hiring has changed As has the modern finance role. You now need a killer in your team... Here are 5 modern skills Your finance team should offer To help you sustainability scale and succeed... ✍️ What skills do you think I've missed? P.S Like this is you found this valuable and follow me for more finance, strategy and personal growth simplified.
Dave Leaver I had my own start up however failed because the investor had is own CFO to manage funds. How do you handle such cases where investors holds the purse strings through his man Friday?
✨ A startup needs a strong finance team to manage money wisely, plan strategically, and secure funding. They help keep the business stable, make smart financial decisions. Build trust with investors for future growth. Dave Leaver
Financial planning for the win! I like the addition of monitoring, and look ahead for risks and opportunity. Use a proactive approach. Crazy how so many businesses seem to use financial solely to reflect on what’s already happened.
A good finance hire is the key to reaching where you want to go
I totally agree that a strong finance team makes a difference. Dave But I wonder, what would you advise to a startup team that is just starting and doesn't have the budget to hire a finance professional?
A strong finance team is important for any startup. It's a key factor in navigating financial challenges and driving success. Dave Leaver
cfbr
I wonder, besides the 5 skills you mentioned, what other qualities do you think are crucial for a killer finance team in startups? Dave Leaver
The 4th one, Dave Leaver! Identify risks and opportunities so that the business can grow.
Finance & Strategy SaaS Leader || +18 Years Experience || I share tips on finance, strategy and personal growth.
2mo📌 What skills do you value most from your finance team?