ProCodeCG codeMeetUp() #100 – Labtek Indie – How to Prepare FUNancially

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Yesterday was ProCodeCG 100th codeMeetUp()! 😉 CFO of Labtek Indie continued the lesson about finance for start ups 🙂

Discussion and preparation

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Q2 is coming.. how to prepare funancially? by Adhitya Nala Sumarlan

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FUN = Forecast through strategic planning, Understanding the cashflow, Never under estimate the risk

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The concepts about strategic planning

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This one is an example of strategic planning: how Apple cut down its product variety

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because Apple wants to focus on creating beautiful consumer electronics

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Strategin planning is not

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How to empower employees to think strategically

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Strategic management capabilities, a very useful step by step guide

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The audience learned so much things yesterday 😉 Too bad it was just a few people who got lucky to learn this much this fast, free 🙂

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This is important: the elements of a good strategic plan

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Reviewing previous lesson

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We started to learn Time Value of Money

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Simple Interest

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Example of simple interest

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Compound Interest

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Example of Compound Interest

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Important examples from real life

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Enough about cashflow, we continued to learn about product management

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Product Life Cycle (PLC)

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Never underestimate risk!

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Product development in real life: Apple 🙂

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Important strategi in PLC on each stages!

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We always learn so much thing in such a short time on every codeMeetUp(), and this 100th time is certainly one of the best topics we’ve ever had!

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Thanks so much Labtek Indie 🙂 Also thanks to the audience 🙂

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ProCodeCG codeMeetUp() #98 – Labtek Indie – Financial Resolutions

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CFO of Labtek Indie taught us about finance today 🙂

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What’s your finance resolution for 2017? 🙂

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10 resolutions of 2017 of Indonesian Twitter user

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Revenues – Costs = Profit

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No assumptions

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So here’s some budgeting tips

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Important budgeting tips

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What’s financial wellness?

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Further explanations about revenues, costs and profit

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Important things about cash management

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Cash management for manufacturing business

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Cash management for service business

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Variance

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Variance of profit, revenue, etc.

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Profit Variance Analysis

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Budget variance analysis

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Questions and answers

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and lots of discussions 🙂

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Us after the class 🙂

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The same speaker will share about more advanced version of this topics in two weeks 🙂

ProCodeCG codeMeetUp() #46 – Finance and StartUps

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On our codeMeetUp() yesterday, we had a lecture on Finance & StartUps by the CFO and co-founder of Cybreed eFishery: Muhammad Ihsan Akhirulsyah 🙂
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The lecture began with money problems in the world.


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With Pareto Rule about money. It is not 80-20. But 90-10.
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The audience!!! Lots! (and more people were still coming in after) 🙂

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Finance is a combination of art and science (how cool is that)

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And that what makes managerial finance is very crucial in business.

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There are three legal forms of business organizationIMG_9982

You’d better start from the beginner with good corporate governance!


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The structure of the organization

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The relation between finance and economics is like engineering to science.

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And this is an example of Finance & Accounting (verrrry important!)
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And how to make investment decisions and financing decisionsIMG_9988

But above all: cashflow is king

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More people had just arrived!
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StartUps!

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Create a startup is not easy, of course 🙂
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This is a good theory about startup. Zero To One – Peter Thiel.IMG_9994

We also learned about investors

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The entropy of the lecture was very high. We need to keep up with it and take notes that took lots of pages 🙂

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There were still more important slide in the end, one of the is about capitalism vs competition.
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And this is us! 🙂 New people!!!


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This is the soul of ProCodeCG codeMeetUp(). Each time after it finished, people will gather up in groups getting to know each other and making new connections.
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The soul of this codeMeetUp() is sharing and collaboration. See how people radiates positive vibes here?IMG_0004

We also make lists of the audience. To keep in contact 🙂
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This can go on forever! 🙂

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See you next week! 🙂