Episode 70 - Aarish Shah: What I learned from two decades operating as CEO or CFO

Show Notes

Aarish Shah is the Founder of EmergeONE a Fractional CFO firm for venture-backed UK tech startups and scaleups (from Seed to Series B). He has spent nearly two decades operating as a CEO or CFO and now specializes in helping startups understand and act powerfully on their numbers. 

In this episode, Aarish shares his insights on financial planning and analysis (FP&A) in startups and the fundamental lessons he has learned in his career.

  • His “worst budget ever” when one of his factories burnt down in Papua New Guinea

  • Who he would most like to meet

  • His Nothing Ventured podcast and key lessons talking to players in the venture ecosystem

  • Why he likes the constant “challenges” of Series B startups over other stage companies

  • The difference between "building" the playbook and "running" the playbook in startups

  • How to consider your finance tech stack scales pre-seed to Exit

  • How FP&A should consider their tech stack

  • Why you need to spending your money at pre-seed

  • Investing in early stage businesses in the UK

  • How do we go about creating a budget and forecast for a startup?

  • Key metrics I use to analyze startups

  • How startups can cope with the drying up of cheap capital

  • How to get your CFO to say yes

  • Favorite Excel function

  • How AI understanding is the one skill every FP&A practitioner needs

YouTube Video of the episode

Read the Transcript

Episode Links

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Episode 71 - Rick Warren: Lessons from 25 Years in Healthcare FP&A

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Episode 69 - Ashok Manthena: FP&A at Google and GAP to AI leadership