Recap During week 8 of Finance Bytes, we explored Gross Performance. It's not enough just to know & report numbers. The key is to identify the drivers behind those numbers & that understanding comes from identifying the key activities underlying any business. We divided activities into : 1. Direct

Table of Contents 1. Recap 2. Income Statement Deep Dive 3. Level 1 - Gross Profit Recap Transactions During Week 7 of Finance Byte, we started with the meaning of reporting numbers from First Principles which means everything starts from transactions, Reporting numbers arise from transactions & the net impact

Table of Contents 1. Recap 2. Transactions 3. Transactions Listing 4. Transaction Classification 5. Income Statement Recap During week 6, we started with the WHY. Why does Jack need to run a coffee shop? To sell coffee. Why does he need to sell coffee? To earn more revenue. To earn

Table of Contents 1. Recap 2. Cost & Benefit 3. Operating Expense - Same Year Benefit 4. Capital Expense - Multi Year Benefit 5. Financial Statements Recap During Week 5, we tracked our learning from business activity to costs. We classified the activities to run Jack's coffee business

Table of Content 1. Recap 2. Business Activity 3. Activity to Cost 4. Profit / Loss Recap During Week 4, we started our journey to understand finance concepts by following an entrepreneur named "Jack" whose dream is to start a coffee shop. We will follow his journey as well

Table of Contents 1. Recap 2. The Differentiation 3. Jack, the Dreamer 4. Transaction - Capital 5. Transaction Breakup Recap During Week 3, we explored a paradigm called "The System Mindset". This is something which helps our thinking in any aspect of life - not just finance. We

Table of Contents 1. Recap 2. The System Mindset 3. What is a System? 4. First Order Effect 5. Second or Nth Order Effect 6. System Beat 7. Summary Recap During Week 2, we discussed how 1. Finance nerds have a sixth sense for numbers & 2. The importance of

Table of Contents 1. Recap 2. The First Step 3. The Journey 4. The Sixth Sense Recap During week 1, we discussed how finance has a unique vantage point to see : 1. whether a company is adding value? 2. How much value is being added? 3. Is the company adding

Table of Contents 1. Introduction 2. Phase 1 - Start up 3. Phase II - Running Business 4. Finance Responsibilities Introduction From my reading of Strategy (still learning!!), I can distill the core essence of Strategy as Value created by the company for their customers. But then, who can actually