Strategy Meets Finance

Want to Learn Finance? Here's How to Get Started | Ep 142

9 snips
Dec 2, 2024
Explore how personal struggles can turn into a blueprint for financial success. Discover the transformative journey of learning that emphasizes the importance of mentorship and practical application. Dive into a story about a troubled student inspired by an unexpected teacher, showcasing how curiosity fuels self-improvement. Understand why prioritizing financial education over entertainment can unlock new opportunities. Packed with personal anecdotes and actionable insights, this discussion is a roadmap to boosting your financial IQ!
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ANECDOTE

Early Business Failure Sparked Learning

  • At 16 Steve left home with $0 and started a landscaping business from his sister's garage.
  • He grew it into a multimillion-dollar business but failed early due to not knowing how to read financial statements.
ADVICE

Invest In Foundational Finance Education

  • Get formal training in accounting and finance to understand where numbers come from.
  • Use accessible programs or free apps if you can't afford expensive education to build foundational skills.
ADVICE

Learn Financial Modeling Hands-On

  • Learn financial modeling through hands-on courses and practice in Excel.
  • Apply models daily to forecasts and decisions to make the skill stick.
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