INVEST in User Stories for the Mentoring Industry

Storytelling is a useful skill in any discipline. It serves as a universal language allowing communication across disciplines. When I was an accountant, I had to write a report that read like a story that would incentivise business executives to change their behavior. The story would get people’s attention, and quantitative data was there to…

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How TraderPlan is Transforming from Start-Up to Scale-Up

What were the key factors that enabled TraderPlan to overcome its scaling challenges? What unfair advantage did we have? How do you balance your investment in technology and marketing? I’ll address these questions in this post. Firstly, how did I end up working for TraderPlan? In 2017, I was one of their users, and I…

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How to Pay Less Tax on Cryptocurrency Gains (Legally)

Do you invest (or trade) in cryptocurrencies? If so, does your accountant help you decide what’s the best investment strategy to MAXIMISE your AFTER-TAX PROFIT? When you lodged your tax return, did your accountant reveal that you could have paid significantly less tax if you did ‘X’? It’s too late to do anything now. You…

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Will Your Industry DIE in soon, or CONVERGE?

There’s an age-old and ongoing debate on whether robots will replace humans in the workplace. When will this debate come to an end? It’s already evident that with the rapid advancement in machine learning and robotics, most of the routine jobs will eventually be automated and no longer be performed by humans. The Debate The…

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How To Find and Attract Rare Talent for Your Business

Whether you’re a young and ambitious company that wants to multiply the size of its team, or an older-generation established business who is catching up on technology, you might have the need to hire people with an uncommon stack of traits and talents. I’ve spoken to a number of businesses who want to hire tech-savvy…

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Accuracy over Precision in Forecasting

Here’s a targeted interview question to test a job candidate’s financial modeling skills: “Can you build a model even when you don’t have all the relevant data?” The answer should be Yes. You don’t need all the relevant data, as long as you have identified what type of information you need, and the minimum information…

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Seperation of Concerns in a Financial Model

Here’s a targeted interview question to test a job candidate’s financial modeling skills: “Should you place inputs, calculations and outputs CLOSE TOGETHER in your model?” The answer should be NO. Your model should clearly distinguish between inputs, calculations and outputs. “Separation of concerns (SoC) is a design principle for separating a computer program into distinct…

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How to Hire a Financial Modeler for Your Business

If you’re running a business, you’ve probably made decisions on-the-fly and have done quick calculations in your head. But when you need to make decisions that require you to consider a multitude of factors, and the factors influence each other, it might be too complex for you to model the consequences of potential decisions in…

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Debugging DAX Formulas with Excel

Solving a problem in DAX can prove conceptually challenging due to the limited tools available to debug a formula. When you need to write a complex measure, you can write several measures, then combine them at the end into a single measure. However, what if you also want to inspect what rows are included in…

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