Recently I was asked for the books I found most impactful when starting a business. I will keep the opening lines of this post short, in the hope that you will read the passages below from just two of my favourites. The style is very different, but I hope, like me, you find the common[…]
Browsing category:
Features
What do Irvine Welsh and Ayn Rand have in common?
By Katharine Budd Features, NOW Money blog Apr 11, 2017
Hi, I’m Niraj, Lead Developer for NOW Money. My life over the past few months has involved many late nights and weekend sprints to get the NOW Money app ready for launch. We’re building a platform which has to be easy to use, fast, secure and importantly it has to connect to our FX partners,[…]
Financial Modelling for Start-ups. Part 3: Working Capital
By Elena Barwick Features, NOW Money blog Mar 21, 2017
In this post I will look at a company’s working capital and how to calculate its components in order to build toward a financial model. You may be wondering, however, what is working capital? Working capital is the funds a company has for its day-to-day activities. It can also be described as the company’s current[…]
Is Positive Discrimination Really That Positive?
By Anastazja Kociolkowska Features, NOW Money blog Mar 07, 2017
“You know the only reason you’re on this course is because you’re a girl, right?” That was the first thing one of the (many) male students on my Electrical & Electronic Engineering course told me after one of our first lectures. Although his conversation-opening skills left much to be desired [enter joke about engineering chat[…]
Since my first day at NOW Money I have felt like the odd one out, and I’ve absolutely loved it. Belonging to an Indian community I’ve always worked with Asian bosses, which never brought me truly out of my comfort zone. But when I joined NOW, I was just one Indian amongst seven European expats.[…]
By Simona Stankovska, freelance journalist previously of the Financial Times We know that change can be good for us, such as losing weight, getting a promotion at work, or finding our perfect relationship, however, we all still fear it. After all, as the saying goes, if it isn’t broken, then why fix it? But, if[…]
Financial modelling for start-ups, part 2: assumptions for revenue and cost
By Elena Barwick Features, NOW Money blog Feb 13, 2017
In my previous post in this series I briefly described what constitutes a financial model and started to build an example of one by creating a budget and working on future cost projections. In order to do this properly I started accumulating assumptions. In this post I will delve further into what assumptions are. In[…]
Having worked in marketing for six years, I feel like I’ve been to every conference, breakfast briefing and information session going, and the messages are always pretty similar: Content is king (massive cringe) Score your leads Nurture your leads Automate all processes (so your role becomes defunct) Read and re-read your copy until there are[…]
9 early jobs you never knew could drive start-up success
By Katharine Budd Features, NOW Money blog Jan 24, 2017
What sort of person is the right hire for a start-up? I’ve had this conversation multiple times, with NOW Money team members, other start-ups and investors. There’s no magic bullet, but there is a common theme. You need to be a grafter. And as it turns out, your early experiences might be what dictates the[…]
Financial modelling for start-ups: preparing a budget in 5 easy steps
By Elena Barwick Features, NOW Money blog Jan 17, 2017
If you are thinking of starting your own business or have already started one, sooner or later you will face questions such as: What is my burn out rate? Will I be able to afford to hire a sales director? How many customers do we need to break-even? How much does my company cost? In[…]