Financial Modeling on Excel for Beginners 🚀– Build a Startup Model from Scratch

🚀 Want to learn financial modeling on Excel from scratch?
In this beginner-friendly video, we take you step by step through creating a startup financial model in Excel. You’ll see how concepts like the lean startup business canvas and the business model of a startup translate into numbers, revenue projections, and financial statements.

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👥 Who is this video for?

Students looking to start with financial modeling using Excel
Aspiring entrepreneurs working on their business model canvas for a startup
Beginners who want to understand Excel and financial modeling step by step
Anyone curious about how to move from idea → model → investor-ready numbers

📌 What we cover in this tutorial:

Introduction to the lean startup model canvas and how it links with Excel
Creating assumptions and drivers before building a model
Step-by-step process of creating financial models in Excel
Structuring revenues, costs, and building a revenue model for a startup
Using Excel formulas to make the model dynamic
Walkthrough of a sample financial model in Excel for a startup

🎯 By the end of this video, you’ll learn:

✅ How to build your own Excel financial model from scratch
✅ The difference between a business model canvas and a financial model
✅ Practical examples of a financial model in Excel that you can apply
✅ Key tips for beginners to make Excel modeling faster and more accurate

⏱️ Timestamps:

0:00 – Introduction
1:10 – What is the Lean Startup Business Canvas?
3:25 – Setting up assumptions in Excel
6:40 – Revenue model for a startup
10:15 – Cost structure & expense mapping
13:45 – Building the 3-statement financial model
18:20 – Financial model example in Excel
21:50 – Final thoughts & next steps

💡 We’d love to hear from you!
Drop a comment below with your startup idea or the kind of financial model you’d like to see next. Your feedback helps us decide our next tutorials.

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