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You’re starting a business. You find a problem people want solved, and you find a way to solve it. So what’s next?
A spreadsheet.
Business spreadsheets all amount to the same thing: “This is how much it cost us to do this, and this is how much money we made” (or lost). But you don't need to wait till your business is launched to create a spreadsheet.
Playtest your business by making fake numbers on a hypothetical spreadsheet.
This will help you work through potential issues without the pressure of running the business.
Creating a spreadsheet is useful for many things in life. Get started on a spreadsheet, and you’ll find yourself a better forecaster, decision-maker, and businessperson.
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Featuring Hiten Shah on Smart Passive Income Podcast with Pat Flynn - Episode 557
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