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A Gantt Chart of the Private Equity Deal Process...
Examine the initial pitch highlighting the company's value proposition. Protect sensitive information with a Non-Disclosure Agreement. Analyze the... more ยป
Your ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ๐ฑ ๐๐๐-๐๐ป โ demystifying Private Equity one term at a time.
Your ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ๐ฑ ๐๐๐-๐๐ป — demystifying Private Equity one term at a time.Tonight's term:"๐ฝ๐น๐ฎ๐๐ณ๐ผ๐ฟ๐บ"———When a private equity firm... more ยป
I'm pretty good at Excel...
I'm pretty good at Excel,but did you know I only use 2 "advanced" formulas?Don't get me wrong,Excel's got some ๐ข๐ฎ๐ข๐ป๐ช๐ฏ๐จ functionality.But, I still find a... more ยป
That model you just sent out... did you check it for errors?
That model you just sent out... did you check it for errors?...how closely?I hate to break it to you, but 90% of all spreadsheets contain errors.That's an... more ยป
Thinking of selling your business?
Thinking of selling your business?Here's what used to drive me nuts when I looked at deals in private equity:๐ต ๐ก๐ผ ๐ฏ๐ถ๐ด ๐ฝ๐ถ๐ฐ๐๐๐ฟ๐ฒ ๐ฐ๐น๐ฎ๐ฟ๐ถ๐๐โช๏ธ Assume that I... more ยป
Everyday I use Excel, Krisp, Loom, & Zoom
Everyday I use Excel, Krisp, Loom, & Zoom,but lately I've been doing the unthinkable...I've been printing my models.On...... PAPER.... more ยป
A simple guide to ROI and IRR
๐ข ROI shows my return in DOLLARS๐ข IRR shows my ROI adjusted for TIMEYou need both to understand the return of an investment.I’ll explain...๐ข... more ยป
Want to see the coolest Excel trick I've learned this year?
Want to see the coolest Excel trick I've learned this year?Check this out...Open a new spreadsheet.Highlight the entire sheet (top-left corner).Then go... more ยป
Your Adjusted EBITDA cheat sheet
Your Adjusted EBITDA cheat sheet ↓๐ข First, what is EBITDA?An ๐ผ๐๐๐๐๐๐๐๐ผ๐๐๐๐ of the free cash flow of a business.๐ข What's EBITDA (mostly) used fo... more ยป
I often post on LinkedIn about FP&A
I often post on LinkedIn about FP&A.But did you know I've never held an FP&A job?I'm not "classically trained" as they say.How I learned is... more ยป
My Best Advice For A Career In Finance?
My best advice for a career in Finance?Try to get some Operations experience.Finance is often thought of as behind-closed-doors "scorekeepers."We just... more ยป
Here's Why I Think Excel Is Here To Stay
Here's why I think Excel is here to stay. (And if you disagree I want to hear from you)So the other day I'm working on a "roll-up" model...๐ข Btw...โช๏ธa... more ยป
Thinking Of Starting An Online Business?
Thinking of starting an online business?Try my "4 self-promises" before you take the plunge...๐ข ๐ญ. ๐ ๐๐ถ๐น๐น ๐ฑ๐ผ ๐ท๐๐๐ ๐ฒ๐ป๐ผ๐๐ด๐ต ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต "๐๐ผ ๐ฏ๐ฒ ๐ฑ๐ฎ๐ป๐ด๐ฒ๐ฟ๐ผ๐๐" ๐ฎ... more ยป
10 Qualities I Would Look for in a Private Equity Associate
I spent several years working in middle-market private equity: starting out as a very “green” Associate and ultimately leaving as a Vice... more ยป
Why Would A Company Partner With A Private Equity Firm?
Why would a company partner with a private equity firm?Let's say two brothers start a business in their garage...They make shoes by hand.Every week, they... more ยป
The Stages of a Private Equityย Deal
โ๏ธ Usually investment bankers represent companies for sale โ๏ธ The bankers prepare a “teaser”โ—โone-pager that gives you an overview of... more ยป
5 Tips To Get Started With FP&A
Lately, tons of ppl have asked me how to get into FP&A.โฌ๏ธHere's my two cents:๐ญ. ๐๐ณ ๐ฝ๐ผ๐๐๐ถ๐ฏ๐น๐ฒ, ๐๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฎ๐ป ๐๐ป๐๐ฒ๐ฟ๐ป๐๐ต๐ถ๐ฝI know this is way easier said t... more ยป
Private Equity isn't just about cranking out LBO models...
There are a bunch of soft skills you need too.Here they are:Empathy A new PE firm can be a HUGE culture shock for a management team. A willingness to... more ยป
Simple Trick To Make an Excel Cell Say "Yes" or "No"
Ever wonder how to make a cell say "Yes" / "No" when you enter 1 or 0?Here's how ↓First off, Excel formats numbers like this:positive number ;... more ยป
Interview with Paul Barnhurst (aka the FP&A Guy)!
One of my favorite parts of this blog series is providing access to other business owners in Finance. Everyone is building a business in their own way,... more ยป
My Secret Weapon For High-Quality Backlinks
In the world of SEO, a "backlink" signifies when one website points to another using a link. Let's pretend this email series was a blog post (which it... more ยป
That model you just sent out... did you check it for errors?
That model you just sent out... did you check it for errors?...how closely?I hate to break it to you, but 90% of all spreadsheets contain errors.That's an... more ยป
I'll never forget when a VP told me this in my early Private Equity days...
I was so focused on getting my model right that I didn't see a MASSIVE accounts receivable balance on the company's books.What's that? he said.I didn't... more ยป
A ๐ฐ๐ต๐ฒ๐ฎ๐ ๐๐ต๐ฒ๐ฒ๐ for the Sources & Uses:
A ๐ฐ๐ต๐ฒ๐ฎ๐ ๐๐ต๐ฒ๐ฒ๐ for the Sources & Uses ↓ Step 1: value the company (usually a multiple of EBITDA).Step 2: pull EBITDA from the financialsStep 3... more ยป
5 Little Excel Shortcuts I Didn't Know Existed...
1. Apply the General number format.Ctrl+Shift+Tilde sign (~)2. Apply the Time format with the hour and minute, and AM or PM.Ctrl+Shift+At sign (@)3.... more ยป