Financial Analysis for Founders and Mentors

This session is for ambitious founders and supporters, helping them to: ​Receive a grant ​Apply for a bank loan ​Win a pitch competition ​Impress a potential investor ​Get into a global accelerator ​Understand if an idea is profitable or not ​If that is you, then join us to learn how, in as little as 20 minutes, you can build three years of the following: ​Balance sheet ​Income statement ​Cash flow statement ​9 investor KPIs ​10 important charts ​13 financial ratios ​It will share the latest version of a financial analysis spreadsheet that entrepreneurs worldwide have downloaded over 5,300 times in the last few years. ​So, whether you’re a founder or someone who helps them, this session will help you understand an idea's potential viability (financial success). ​BRING YOUR LAPTOP so you can use the template Brandy and Craig will provide at the beginning of the session to build out your entire 3-year financial projections during the session. ​About the Presenters Brandy Old and Craig Elias share a passion for helping people become first-time founders and a common goal of growing startup communities and tech sectors globally. They are two of Canada’s most prolific ecosystem builders. They understand how to demystify concepts and encourage people to step out of their comfort zone to build on their strengths and accomplish what once seemed impossible. In the last nine years, they have helped hundreds of aspiring, early-stage, first-time, underrepresented, rural, and student (youth) entrepreneurs learn Design Thinking, Problem Solving, Lean Startup, sales, pitching and presenting skills vital to the journey of creating and commercializing new ideas while avoiding the common mistakes that innovators and change makers often make. Brandy and Craig have worked closely with global thought leaders Ash Maurya and David Bland to elevate entrepreneurial ecosystems, enabling them to train ecosystem builders, entrepreneurs, and mentors on the Lean and Leaner Canvas, and coach them on how to identify and test their riskiest assumptions. They are the sought-after thought leaders behind Founder Fridays, the Traction Canvas, a free three-year financial projections spreadsheet downloaded almost 6,000 times by entrepreneurs around the globe, a series of engaging online training sessions that often attract hundreds of registrants, and the website HelpAStartupOut.com, which makes all their resources available free of charge. They also run online startup camps that challenge entrepreneurs to validate their business ideas and use a specialized board game called Playing Lean to help people learn how to launch products and start companies without draining their bank accounts, bruising their egos, or damaging their reputations. You will often find them sharing their unique perspectives and actionable tactics for Venture Capitalists, accelerators, MBA programs and startup events in Canada, the US, Australia and Europe. ___ This event is part of the monthly Founders Lunch Series, which aims to empower and support entrepreneurs. Organized by Innovate Calgary and supported by Alberta Innovates, ElevateIP Alberta, and the TD Ready Commitment Program, this dynamic platform connects entrepreneurs, fosters knowledge sharing, and inspires collaboration. Be a part of this transformative experience to expand your network, learn from industry leaders, and confidently navigate your entrepreneurial journey.