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

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

Discussion and preparation

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

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

The concepts about strategic planning

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

because Apple wants to focus on creating beautiful consumer electronics

Strategin planning is not

How to empower employees to think strategically

Strategic management capabilities, a very useful step by step guide

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 🙂

This is important: the elements of a good strategic plan

Reviewing previous lesson

We started to learn Time Value of Money

Simple Interest

Example of simple interest

Compound Interest

Example of Compound Interest

Important examples from real life

Enough about cashflow, we continued to learn about product management

Product Life Cycle (PLC)

Never underestimate risk!

Product development in real life: Apple 🙂

Important strategi in PLC on each stages!

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!

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

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

 

CFO of Labtek Indie taught us about finance today 🙂

What’s your finance resolution for 2017? 🙂

10 resolutions of 2017 of Indonesian Twitter user

Revenues – Costs = Profit

No assumptions

So here’s some budgeting tips

Important budgeting tips

What’s financial wellness?

Further explanations about revenues, costs and profit

Important things about cash management

Cash management for manufacturing business

Cash management for service business

Variance

Variance of profit, revenue, etc.

Profit Variance Analysis

Budget variance analysis

Questions and answers

and lots of discussions 🙂

Us after the class 🙂

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

ProCodeCG codeMeetUp() #46 – Finance and StartUps

On our codeMeetUp() yesterday, we had a lecture on Finance & StartUps by the CFO and co-founder of Cybreed eFishery: Muhammad Ihsan Akhirulsyah 🙂

The lecture began with money problems in the world.

With Pareto Rule about money. It is not 80-20. But 90-10.

The audience!!! Lots! (and more people were still coming in after) 🙂

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

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

There are three legal forms of business organization

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

The structure of the organization

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

And this is an example of Finance & Accounting (verrrry important!)

And how to make investment decisions and financing decisions

But above all: cashflow is king

More people had just arrived!

StartUps!

Oh wow. 

Create a startup is not easy, of course 🙂

This is a good theory about startup. Zero To One – Peter Thiel.

We also learned about investors

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

There were still more important slide in the end, one of the is about capitalism vs competition.

And this is us! 🙂 New people!!!

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.

The soul of this codeMeetUp() is sharing and collaboration. See how people radiates positive vibes here?

We also make lists of the audience. To keep in contact 🙂

This can go on forever! 🙂

See you next week! 🙂