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Episode # 90: If you own a start-up or will be founding one soon, consider adding a finance leader to your team as soon as possible. You will have a teammate who can help you understand cash-flow and profitability from Day 1. They can help you instill financial discipline immediately and provide legitimacy for potential investors. A finance or accounting professional gives your team someone who can provide key advice on tax implications, cash burn rates, corporate structure, and adding value as you navigate a challenging marketplace and economy.

Episode outline:

1. Provide important finance leadership from Day 1,
2. Develop finance information systems that make sense,
3. Understand cash flow, measuring profitability, and publishing financial statements, and
4. Establishes more legitimacy for key stakeholders.

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