In this engaging conversation, Andres Klaric, co-founder and co-CEO of Fuse, shares insights from his transition from investment banking to launching a fintech startup. He delves into the common mistakes in financial modeling, emphasizing the danger of overcomplicating forecasts. Klaric also reveals what venture capitalists truly look for in startup projections, and he recounts his strategies for navigating the fundraising process while balancing work and personal life. Expect valuable lessons on simplifying complexity in financial models and preparing for investor pitches.

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with financial educator and author Brian Feroldi. They discuss the fundamentals of stock investing, financial modeling, and how to identify high-quality companies. Brian shares insights from his investing journey, his investing checklist, and his thoughts on valuation, competitive advantages, and the role of financial models in investment decisions.Brian Feroldi is a financial educator, investor, and author dedicated to demystifying the stock market. With nearly two decades of investing experience, Brian has written over 3,000 articles on stocks, personal finance, and investing. His best-selling book “Why Does the Stock Market Go Up?” explains market fundamentals in simple terms. Through his YouTube channel, social media presence, and educational content, Brian helps investors make smarter decisions by focusing on business quality, valuation, and long-term investing strategies.Expect to Learn:Why financial models depend on good assumptions and how they can be manipulatedThe biggest mistakes investors make and how to avoid themHow Brian analyzes financial statements and what metrics he prioritizesThe five key types of competitive advantages (EMOTs) in businessHow to build an investing checklist to guide stock selectionHere are a few quotes from the episode:“When I invest, I’m looking for businesses that can outperform even the most bullish expectations.”“Understanding where a company is in its business lifecycle is critical to valuation.”“The biggest mistake people make is using the wrong valuation model for the wrong type of company.”Brian’s emphasis on having a structured investing checklist, focusing on competitive advantages, and choosing the right valuation method for the right stage of a company’s lifecycle highlights the importance of strategy over speculation. If you're looking to improve your investing game, start by educating yourself, refining your process, and remembering that patience often wins the race. Follow Brian:LinkedIn - https://www.linkedin.com/in/brianferoldi/Website - https://www.brianferoldi.com/Email - brian@brianferoldi.comYouTube - https://www.youtube.com/brianferoldiytBook - https://a.co/d/3gS5JZLFollow Paul: Website - https://www.thefpandaguy.com   LinkedIn - https://www.linkedin.com/in/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=7079020077076905984Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  In today’s episode: [01:02] - Introduction to Guest Brian Feroldi[06:35] - Brian’s Investing Journey and Early Mistakes[10:19] - Brian’s Checklist for Evaluating Companies[15:41] - The Financial Statement Analysis[20:24] - Competitive Advantages (EMOTs)[29:50] - Advice to Begin Investing in the Market[31:20] - Common Investor Mistakes [33:51] - Valuation Models & Growth Cycles [41:36] - Final Advice & Book Recommendations [42:55] - Where to Find Brian

Kenny Whitelaw-Jones, founding partner at Gridlines, is a financial modeling guru with a decade of experience training top-tier clients. He discusses how AI, particularly tools like ChatGPT and Copilot, is revolutionizing financial modeling while also addressing its current limitations. Kenny highlights the distinct nature of project finance, the necessity of soft skills alongside technical prowess, and the future skills modelers must cultivate in an AI-driven landscape, making the profession more strategic and communicative.

In this episode, host Paul Barnhurst aka The FP&A Guy looks into Excel expertise with Joel Steendam. Joel shares his global experiences, technical know-how, and practical advice to improve Excel proficiency and financial modeling outcomes. Their conversation covers Excel tools, design principles, and the importance of curiosity and cultural awareness in professional success.Joel Steendam is a global Excel expert and educator with a passion for helping professionals create better financial models. As a key member of PerfectXL, he develops software to improve spreadsheet quality, mitigate risks, and promote best practices in Excel. With a multicultural background and years of experience in financial modeling, Joel blends technical expertise with a deep understanding of how culture influences collaboration and problem-solving.Expect to Learn:Worst financial models and how to fix common spreadsheet issues.Why named ranges and documentation are essential in financial modeling.How Joel’s multicultural upbringing has shaped his professional approach and success.Practical advice on staying curious and learning new Excel skills.The role of tools like PerfectXL in auditing and improving spreadsheet quality for financial modeling.Here are a few quotes from the episode:"Even best practices, when misused, can have a massive negative impact on Excel models.""PerfectXL’s tools focus on mitigating risks and improving model quality by emphasizing structure and consistency.""If you build something on Monday that you don’t understand by Wednesday, you’re not building the right thing."Joel Steendam shared his expertise on improving Excel models, staying curious, and navigating the challenges of financial modeling. Financial models are powerful decision-making tools, but they’re only as effective as their structure and design allow them to be. Joel provided invaluable lessons for both beginners and experienced modelers on structure, documentation, and tools.Follow Joel:LinkedIn - https://www.linkedin.com/in/joel-steendam/Website - https://www.perfectxl.com/Follow Paul: Website - https://www.thefpandaguy.com   LinkedIn - https://www.linkedin.com/in/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=7079020077076905984Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  In today’s episode: [01:49] - Introduction and Meet the Guest[02:49] - Horror Stories in Financial Models[04:28] - Key Takeaways from Bad Models[06:45] - Joel’s Global Background[10:18] - PerfectXL and Best Practices in Excel[14:56] - Staying Updated on Excel[18:03] - Advice for Beginners in Excel[29:14] - Balancing Excel’s Flexibility and Risks[36:12] - Fun Projects in Excel[38:38] - Rapid-Fire Questions[48:26] - Final Advice for Financial Modelers

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Tim Vipond who is a seasoned finance professional and co-founder of the Corporate Finance Institute (CFI). They discuss financial modeling nightmares, strategy’s vital role in modeling, and the importance of avoiding shortcuts. Tim also shares his unique entrepreneurial journey and offers practical advice for improving modeling and strategic decision-making.Tim Vipond began his career as an investment banking analyst and later transitioned to wealth management, corporate development, and e-commerce finance. As the co-founder of the Corporate Finance Institute, Tim has trained over 2 million students and introduced practical certifications that reshape how finance professionals develop their skills. Tim’s blend of financial expertise, entrepreneurial spirit, and focus on strategy makes him a compelling guest for this conversation.Expect to Learn:How to avoid and learn from common financial modeling mistakes.Why aligning financial models with business strategy is critical.The journey of building the Corporate Finance Institute and insights into e-learning success.The role of assumptions, execution, and scenario analysis in effective modeling.Tim’s advice on combining unique skills to propel your career.Here are a few quotes from the episode:“Never take shortcuts in your modeling. It’s tempting when you’re under pressure, but those shortcuts will come back to bite you later.”“Combining two or more unique skills is the best way to get significantly ahead in your career. It’s where you stand out and add the most value.”“Many scenarios in models are not grounded in strategy. Thoughtful, realistic scenarios tied to strategic goals are what add real value.”Tim Vipond highlighted the interplay between technical mastery and strategic insight in financial modeling. Tim provided actionable advice on avoiding pitfalls, validating assumptions, and connecting models to overarching business goals. His emphasis on skill stacking and execution underpins the value of continuous learning and adaptation in a rapidly evolving field.Follow Tim:LinkedIn - https://www.linkedin.com/in/timvipond/Website - https://vipond.com/Company - https://corporatefinanceinstitute.com/Follow Paul: Website - https://www.thefpandaguy.com   LinkedIn - https://www.linkedin.com/in/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=7079020077076905984Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  In today’s episode: [02:53] Financial Modeling Horror Stories[06:03] Building the Corporate Finance Institute[11:18] The Role of Strategy in Modeling[19:07] Execution and Modeling Feasibility[22:11] Scenarios and Sensitivity Analysis[30:52] Tim’s Favorite Investments and Skill Stacking[34:48] Unique Modeling Stories[36:06] Rapid Fire Questions[41:14] Closing Thoughts and Advice

In this special solo episode of Financial Modeler’s Corner, host Paul Barnhurst, known as the FP&A Guy, takes the spotlight to share his personal journey from a corporate financial analyst to an influential voice in financial modeling and FP&A. This episode is packed with career highlights, trends in financial modeling, and a mix of humor to kick off the new year.With over a decade of experience in corporate FP&A, Paul is a Microsoft MVP, a globally recognized trainer, and the founder of several successful podcasts. His personal story exemplifies persistence, continuous learning, and the value of building a personal brand.Expect to Learn:The career journey of Paul Barnhurst of creating a thriving business and gaining global recognition.Key lessons in financial modeling, including best practices in designing effective models.Trends shaping financial modeling and analytics for 2025, including the role of AI.Practical advice on building a personal brand and leveraging LinkedIn to grow professionally.A lighter side of finance with Paul’s humorous take on financial and Excel-related jokes.Here are a few quotes from the episode:"When I started my own business, I didn't have everything figured out, but I believed in taking the leap and figuring it out along the way.""The ability to build a personal brand is a career game changer, especially for financial professionals.""If you’re not having fun with what you do, find ways to bring your personality into your work—it makes all the difference."Paul Barnhurst takes us on a journey through his career by highlighting the lessons he’s learned and the challenges he’s faced. With light humor and practical advice, Paul inspires listeners to embrace growth, take risks, and build their own paths to success.Follow Paul: Website - https://www.thefpandaguy.com   LinkedIn - https://www.linkedin.com/in/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=7079020077076905984Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  In today’s episode: [01:13] - Introduction and Context[02:14] - The Early Career Struggles[04:50] - The Pivot to FP&A[06:24] - Building Financial Modeling Expertise[08:44] - Starting His Own Business[15:54] - Career in Financial Modeling[17:24] - Humor and Fun[20:06] - Trends for 2025[25:43] - Rapid Fire Financial Modeling Opinions[28:14] - Closing Remarks

Will Wardle, a seasoned financial modeler, Carolina Lago, an expert in financial restructuring, and Rishi Sapra, a Power BI advocate, engage in a dynamic discussion on the future of financial modeling. They tackle the ongoing relevance of Excel and debate the impact of AI on creativity versus efficiency in modeling. The conversation also highlights the merits of Power BI for enhanced data visualization and storytelling. Packed with insights, this dialogue reveals the critical skills necessary for modern financial modelers in a rapidly evolving landscape.

In this episode, host Paul Barnhurst talks about data integration, focusing on how finance professionals can streamline data processes and optimize workflows. The conversation also explores the balance between spreadsheets and specialized tools in financial modeling. He provides practical guidance for professionals navigating data challenges in the modern financial landscape. Adam Rakich is an experienced professional in financial planning and analysis (FP&A) software and data integration solutions. With career spanning tools like Adaptive Insights, OneStream, and DataBlend, Adam brings a unique perspective on how accountants and finance teams can leverage technology to overcome data-related inefficiencies.Expect to Learn:Why assumptions in financial models can make or break their reliability.The key factors that determine when to move from spreadsheets to planning tools.How to make data integration less intimidating for finance professionals.Practical solutions for accessing data across multiple systems, including API usage and hybrid approaches.Insights into the evolving role of Excel and Google Sheets in modern financial modeling.Here are a few quotes from this episode:“Spreadsheets are not multi-user, and anyone trying to make them that way is spending more time than they should.” - Adam Rakich“For fractional CFOs, marketplaces like Zero and QuickBooks can be lifesavers with cost-effective integrations.” - Adam Rakich“Every small automation reduces time and errors, even if the entire process can’t be automated.” - Adam RakichAdam Rakich shares the challenges and opportunities in data integration and financial modeling. He offers practical solutions to approach data integration without fear, and the evolving roles of tools like Excel, Google Sheets, and APIs.Follow Adam:LinkedIn - https://www.linkedin.com/in/rakich/Business User’s Guide to Data Integration - https://a.co/d/5xSL3g4Follow Paul: Website - https://www.thefpandaguy.com   LinkedIn - https://www.linkedin.com/in/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=7079020077076905984Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  In today’s episode: [01:30] – Introduction to the Episode[07:18] – Adam’s Career Journey[09:38] – Moving Beyond Spreadsheets[16:56] – Why Data Integration Matters[21:03] – Common Methods of Accessing Data[32:35] – SQL vs. Modern Tools[37:46] – The Business User’s Guide to Data Integration[44:32] – Rapid-Fire Questions[52:47] – Closing Thoughts

In this episode of Financial Modeler’s Corner, host Paul Barnhurst aka The FP&A Guy talks about the electrifying world of Excel Esports at the Financial Modeling World Cup (FMWC) in Las Vegas. This special episode captures the energy and innovation of the event, showcasing interviews with top competitors, including Excel MVPs and data enthusiasts, while exploring how Excel competitions push the boundaries of modeling expertise.The episode features Josh Aharonoff: Microsoft MVP, "Your CFO Guy," specializing in dynamic financial modeling and consulting. David Fortin: Excel expert, Microsoft MVP, and creator of the World of Warcraft-themed FMWC case study. Jaq Kennedy: UK-based actuarial consultant and Excel enthusiast, sharing personal stories and insights from the event. Amber Johnson: Industrial engineer turned Excel champion, known for her creative modeling approach.Expect to Learn:Insights into the competitive world of the Financial Modeling World Cup and the role of Excel Esports.Unique perspectives on the creative use of Excel, from real-world modeling to themed case studies.How Excel innovations like Power Query, dynamic arrays, and VBA are transforming data work.Personal journeys of Excel enthusiasts and their favorite tips and tools.Why participating in competitions like FMWC can rapidly enhance your financial modeling skills.Here are a few quotes from this episode:"I’ve spent 24 years working in Excel, and competing here has tripled my knowledge in just two years." - Jaq Kennedy"Competing is less about beating others and more about seeing how much you’ve improved." - Amber Johnson"Creating a case with input from Blizzard Entertainment was surreal—it brought my gaming passion into Excel." - David FortinThe Financial Modeling World Cup is a celebration of creativity, community, and growth. Events like these provide an experience of learning from the best in the field, or simply embracing the love of Excel. Follow Josh:LinkedIn - https://www.linkedin.com/in/joshaharonoff/Website - https://www.yourcfoguy.com/Follow David:LinkedIn - https://www.linkedin.com/in/david-fortin-cpa-816b20b5/Website - https://linktr.ee/PiggybankaccountantFollow Jaq:LinkedIn - https://www.linkedin.com/in/jaqkennedy/Follow Amber:LinkedIn - https://www.linkedin.com/in/ambernjohnsonwmu/Follow Paul: Website - https://www.thefpandaguy.com   LinkedIn - https://www.linkedin.com/in/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=7079020077076905984Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  In today’s episode: [01:27] - Introduction and Event Overview[03:39] - Interview with Josh Aharonoff and David Fortin[10:12] - Horror Stories and Excel Lessons[12:25] - Excel Preferences [23:04] - Interview with Jaq Kennedy[30:14] - Rapid Fire with Jaq[33:27] - Interview with Amber Johnson[42:22] - Closing Thoughts and FMWC Invitation[43:02] - Giles Male's Anthem

This episode takes you to the heart of the Financial Modeling World Cup (FMWC) 2024, hosted at the HyperX Gaming Arena in Las Vegas. Known as the "Excel Esports Championship," this unique event blends competitive financial modeling with the energy of live sports entertainment. From electric arenas to engaging case competitions, discover how Excel enthusiasts and world-class modelers push the boundaries of what's possible in financial modeling.This episode features an exceptional lineup of guests, including Andrew Grigolyunovich, founder of the Financial Modeling World Cup and a pioneer in turning financial modeling into an esport; Michael Jarman, the 2024 FMWC World Champion known for his innovative modeling techniques and leadership at Operis; Giles Male, a commentator and self-proclaimed “Most Humble MVP”. Klinsmann Langhanz, founder of FMWC Brasil and a passionate advocate for Excel training and community-building; and appearances from Danielle Stein Fairhurst and Jaq Kennedy.Expect to Learn:How the FMWC is transforming financial modeling into an exciting esport.Insights from top modelers on preparing for high-pressure competitions.The role of networking and community in fostering innovation and growth in the Excel world.Practical advice for improving financial modeling skills through competitions.Behind-the-scenes from the HyperX Arena, including hilarious moments.Here are a few quotes from this episode:"Financial modeling competitions make you better at work and expand your career horizons." - Andrew Grigolyunovich"The FMWC community is about helping each other, not tearing each other down." - Giles Male"The unthinkable becomes possible when you network and collaborate." - Klinsmann LanghanzWith the Financial Modeling World Cup 2024, we've seen how Excel has grown from a business tool to the centerpiece of a thriving global community. From the inspiring vision of Andrew Grigolyunovich to the insights of world champion Michael Jarman, this event celebrates the art, science, and camaraderie of financial modeling.Follow Andrew:LinkedIn - https://www.linkedin.com/in/andrewgrig/Company - https://fmworldcup.com/Follow Michael:LinkedIn - https://www.linkedin.com/in/michael-jarman-excel/Email: mjarman@operis.comFollow Giles:LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/Follow Danielle:LinkedIn - https://www.linkedin.com/in/daniellesteinfairhurst/Follow Klinsmann: LinkedIn - https://www.linkedin.com/in/klinsmann-langhanz/Follow Paul: Website - https://www.thefpandaguy.com   LinkedIn - https://www.linkedin.com/in/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=7079020077076905984Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.  In today’s episode: [00:01:42] - Host Paul Barnhurst sets the stage[00:03:59] - A recap of the event's atmosphere[00:07:13] - Interview: Andrew Grigolyunovich[00:12:14] - Vision for the Future of FMWC[00:22:54] - Creating FMWC Case Studies[00:34:13] - Michael Jarman's Journey[00:49:50] - Commentary with Giles Male[00:56:22] - Jaq Kennedy and Danielle Stein Fairhurst [00:58:24] - Interview: Klinsmann Langhanz[01:08:38] - Closing Thoughts