Hi, I'm Jan König 👋. I'm one of the founders of Jovo, 28 years old, and live in Berlin. < Go back to learn more.

Starting from scratch is tough

Whether it's a pitch deck, a financial plan, or a content marketing calendar: there's already thousands of people who have done it before, sharing their thoughts and sometimes even blueprints and templates online.

It's tempting to build your own financial model based on a template, e.g. this one. However, what I found out is that, although it saves time in the beginning, it can cost later when the model doesn't fit exactly what you're doing. Today, I completely threw away most of the work I've done with the financial plan before, only keeping elements. And I would never just put in numbers, but completely try to rebuild the template on my own, to see how it works.

I started with a very simple financial model today from scratch and made sure that it's extensible very easily.

How does your financial model look like?

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