5 Oct 2007

Financial Modeling for Entrepreneurs

Guy Kawasaki has a fantastic article on how entrepreneurs should approach developing a financial model for their business idea. Glenn Kelman, from Redfin, wrote about Redfin's experiences and what they have learned after a few years of post-VC funding operation. I applaud Glenn for airing what always seems like the dirty secret of entrepreneurs - how they build financial models and how that compared with reality. This is a must read!