Charting a Start-up’s Journey: Financial Models for start-up’s with Zainab Nwachuku

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by Zainab Nwachuku , who is the Managing Director and the lead Financial Modeler of The Intellectual Plug which is a consulting firm in Nigeria that helps founders get ready for funding with investors.   Zainab is extremely passionate about financial modeling and hopes more women who are fond of numbers choose to join the profession.   Listen to this episode as Zainab shares:  Her journey from accounting to financial modeling Her experience and learnings from the worst models she has come across Her experience working with founders to help turn their ideas into a financial model that can help make their dreams a reality The horror story of linking workbooks in Excel Her unwavering passion for Modeling Her position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register. Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.  Quotes:   “ I feel like you actually have to make those mistakes yourself to even get it to understand because otherwise, you know, how do you even know that o h, it's not a model ?” “ Simply being able to actually build a financial model has really taught me a lot about communication. ”   “ If you're not listening to the founder, whether or not they can implement some strategies i f you don't understand that from the founder, the model isn't going to make sense .” Follow Zainab:     Website - https://theintellectualplug.com/ LinkedIn -  https://www.linkedin.com/in/mszainababu/   Follow Paul: Website - https://www.thefpandaguy.com/ LinkedIn - https://www.linkedin.com/in/thefpandaguy/ Instagram - https://www.instagram.com/thefpandaguy/ TikTok - https://www.tiktok.com/@thefpandaguy Twitter - https://twitter.com/TheFPandAGuy YouTube - https://www.youtube.com/@thefpaguy8376 Follow Financial Modeler's Corner  LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true   Newsletter - Subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984   Must follow LinkedIn Profiles:   Financial Modeling World Cup https://www.linkedin.com/company/financial-modeling-world-cup/   Financial Modeling Institute https://www.linkedin.com/company/fminstitute/   Chris Reilly https://www.linkedin.com/in/chris-reilly-mission-capital/   Danielle Stein Fairhurst https://www.linkedin.com/in/daniellesteinfairhurst/ Hedieh Kianyfard https://www.linkedin.com/in/hediehkianyfard/   Lance Rubin https://www.linkedin.com/in/financial-modelling/   Giles Male https://www.linkedin.com/in/giles-male-30643b15/ In today’s episode:   (00:22) Intro; (00:51) Welcoming Zainab; (01:06) The worst financial model Zainab has ever seen ; (02:27) Zainab’s key learning experience from the worst financial model ; (03:30) Zainab’s background; (05:00) What is fun and challenging about Modeling; (07:05) About the Financial Modeling Group for women;  (09:50) Women in Modeling; (11:17) About The Intellectual Plug; (12:38)...