Analyst House

November update @ Analyst House ⚡ Wins 🏘️ - Best revenue month by 21% !!! - Roger Nichols joined the team full time - 2 new clients, both financial reporting optimization - Went live with a client, replacing full-time controller for 1/3 cost - Inbound engine is working really well (prospects & interesting folks) - Repeatable playbook coming into focus... - Accounting transformation project (3-6mo), then monthly accounting - Wrote 5 beehiiv newsletters for my loyal 58 subscribers!! - https://lnkd.in/gwwdKwcJ Needs improvement 🛖 - I am buying wayy too many breakfast burritos 🌯 - Pipeline is quite significant, but... - ...Talent pipeline needs more attention (hiring ~Q1) (DM me!) - A chunk of this revenue is transitory - projects closing in Dec / Jan... - ...Expecting 1-2 down months as we wrap these projects - Organic newsletter growth is plateauing - Calendar is absolutely smashed This was a month of insane W's. So stoked to have Roger on the team, and I'm realizing that adding FTE #2, especially somebody with solid systems intuition + high EQ, is a 1+1=3 situation. For the first time in a while, I settled into a routine in the new office. The two of us offered improved client experiences while carving out time to improve our internal systems. Over the next 3 months, I'm super excited to build the Analyst House operating system that will take us to 100 clients & $1M+ ARR. We are rolling out a "practice management system", upgrading our Notion to-do list to a purpose-built accounting platform with all the bells and whistles. We actually built one before, but didn't adopt it well, and it didn't stick. Totally my fault. Going to do it right this time. I also plan to deploy an army of 1000 Zaps, whirring around the ether, and getting shit done to save our time for high value work. This sprint to roll out internal technology to improve our lives + client experiences will improve 1) revenue capacity per employee, and 2) scalability in the long-term. Stoked to keep building and sharing!

October update @ Analyst House ⚡ - Moved back to Colorado! - Strongest revenue month by 25% - Recruited and hired first full time employee, starting Dec 1!!! - Wrote 4 email newsletters, bringing total to 7!!! Linked below. - https://lnkd.in/gwwdKwcJ - Implementing Campfire, Ramp, & Gusto to streamline accounting for a few clients - Signed 3 new bookkeeping clients (Software, CPG, and Imports) - Planning szn... built 3 financial models, with 2 more in progress - Building out 3 client financial dashboards in google sheets You might have noticed, I've been quieter on socials this month. Real talk, it's an absolute grind to service this much client work as such a small team. Late nights and weekends are the only ways to stay ahead. Investing time into brand building & posting on social media while we have outstanding tasks is bad optics, and bad prioritization. I'm so grateful for all this food on my plate, and all the trust our clients have invested into us. In October, I realized the risk inherent in such a small team when I got PNEUMONIA(?), and the work didn't stop. I am VERY MUCH looking forwards to December, as our first full time accountant begins, and we will finally have some redundancy. I'm excited to share who it is, and why they bring so much to the table. AND I'M STOKED TO BUILD MORE SYSTEMS! Follow along for updates!

We are excited to expand our team in CO! Please reach out if you know anybody who might be a good fit.

Follow along to track our progress on the path to supporting 1000 startups!

Saving hours per week to free up time for growth activities!

Keeping it in-house!

Analyst House just celebrated its HALF BIRTHDAY! We thought it a good time to come out of hibernation, and reflect on our proudest accomplishments. In 6 months, we: 💥 Onboarded 6 startups in SaaS, CPG, Marketplace, and Consulting 💸 Supported 4 clients in raising almost $4M in equity financing 🎢 Hired 2 CPA interns (more on them later!) 📊 Built 5 corporate financial models from scratch ☔ Booked a whole bunch of accruals and prepaids 🔥 Spoke with >50 startup founders (and learned a LOT) ⚡ Engaged with >10 VC's, working to become a channel partner 🌶 Demo'd a bunch of CFO tech tools to find better solutions for our clients This feels like just the start. To our clients, thank you for your faith in us. To everybody else who has invested time, thank you for shaping the path on which we ride. Please share broadly that we are excited to continue growing! #AnalystHouse #futureoffinance

📈 A few thoughts on startup financial models: The objective of a financial model is to understand how changing future inputs (ad spend, salespeople, customer success reps, new equipment) will realistically change outputs (new leads, new customers, churn/NRR, throughput). A financial model's inputs can vary by industry and by company. A financial model is only as accurate as your historical data, accounting and otherwise. A financial model should probably include data from many systems, including an accounting system, a CRM, ad-hoc internal tools, and more. A financial model lives and breathes and requires updates as your business model evolves. A financial model should become more precise over time as your business grows and gathers more data. When an investor-facing financial model is significantly different than your internal financial model, you set yourself up for failure. Most companies begin thinking about financial models when it's time to fundraise. Most companies learn the value in maintaining their model after building it for the first time. A well built financial model can prove to investors that you think about your business in a constructive way. If you're thinking about building or revamping your company financial model, check out Analyst House. #futureoffinance #financialmodelling #businessgrowth #analysthouse

⚡Happy 2024! We are planning to be brilliantly transparent this year. We will share successes, failures, anecdotes, and data from the companies we serve (with their permission) and beyond! We aim to provide value on and off LinkedIn. If anybody you know is complaining about their upcoming tax burdens, inconsistent accounting team, or desire for a robust financial model, we are happy to help. Looking forward to building this community in the new year. Thanks for following along. #futureoffinance #startups #analysthouse