Finance For Startups
Louw Barnardt’s entrepreneurial track record proves his belief that the right financial skills paired with the right growth capital significantly increases a company’s success and influence.Tuck In
Driven by his own desire to be an entrepreneur, Louw Barnardt co-founded Outsourced CFO (OCFO) in 2013 and has since also distinguished himself as an author, speaker, investor and venture advisor. Outside of OCFO, he holds various directorships in businesses ranging from a venture capital fund to a space satellite startup. He was the youngest entrepreneur on SAICA's 2015 Top 35 under 35 CAs in South Africa and, in 2018, was named as the top Emerging Entrepreneur in South Africa at the Sanlam Business/Partners Entrepreneur of the Year® Competition.
Outsourced CFO is a multi-award-winning financial consultancy that specialises in CFO and cloud accounting services for scaling tech and innovation companies.
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10 Tasty Bites
Below is a preview of what you can expect to learn in this recipe.
1 - Where Did The Idea For Outsourced CFO Originate?
2 - What Are The Financial Challenges Entrepreneurs Face In The Early Stages Of Their Businesses?
3 - What Are The Most Common Mistakes Startups Make With Their Finances?
4 - What Does Smart Financial Planning For A Startup Look Like?
5 - Why Is Record Keeping So Important For Startups?
6 - How Can Entrepreneurs Calculate Their Profitability?
7 - What Are The Fundamentals Of Good Cash Flow Management?
8 - What Are Some Crucial Steps Entrepreneurs Need To Take Early On In Their Journey?
9 - What Is A Practical Finance Hack For Startups?
10 - What Are The Pros And Cons Of Outsourcing Vs Insourcing Your Finances?
About This Recipe
Money makes the world - and businesses - go round. The entrepreneurs who change industries are those who succeed in marrying their ability to spot an opportunity with the structure that sound financial management brings. As a CA and an entrepreneur, Louw Barnardt, managing director of Outsourced CFO, knows this territory well and generously shares the basics that need to be in place to keep your business in the green.
What You'll Learn
Louw discusses the common mistakes entrepreneurs make in the early days of establishing their businesses. For instance, neglecting to file taxes because you have to keep your business from running out of cash can, in the longer term, render your businesses uninvestable, and not understanding customer and revenue dynamics, may cause you to focus on big clients that drain you instead of smaller ones with tremendous potential.
Learn from someone who speaks from a position of real authority, perspective and experience.
Implement practical tips and techniques learned in the trenches - doing, rather than talking.
Join a cohort of like-minded entrepreneurs in our growing community and share your learnings as you go.
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