E19: Why Most Founders Operate Blind (and How to Fix It with Strategic Finance)

Ecommerce Finance Podcast by Stephen Brown | LedgerGurus

Episode notes

Summary

In this episode of The Ecommerce Finance Podcast, Stephen Brown and Mark Lupton discuss the intricacies of strategic finance in the eCommerce sector. They explore the importance of understanding exit strategies, aligning founder goals with business strategies, and the significance of long-term and medium-term planning.

The conversation delves into the common pitfalls in strategic finance, the role of intuition in decision-making, and the necessity of financial planning and budgeting. Mark emphasizes the importance of identifying blind spots and bottlenecks in business operations and the need for continuous learning and adaptation in financial strategies.

Takeaways

  • Understanding what you want from your business is crucial.
  • Aligning personal goals with busi ... 
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Keywords
ecommercefinancebudgetingforecastingbusiness growthconsumer productsstrategic planningexit strategyfinancial healthentrepreneurial mindset