Hi, my name is David and I’m addicted to modelling.
Not the catwalk kind unfortunately, the kind with Excel formulas and charts. I picked up this addiction in a past life as an accountant. I used to think that whatever your problem, I could work it out with enough time and calculations. Cashflow issues? Want to buy a business? HR problems? Too many NEETS? There’s a model for that.
My first placement at StudentFunder showed me just how wrong I’d been. Models make you think you’ve already solved the problem. You haven’t. As Mike Tyson said: “Everyone has a plan ’till they get punched in the mouth”. In our case the punch came from George Osborne’s new loan scheme for postgraduates (our target market). This gave me my first lesson, distilled by my On Purpose mentor into the phrase “it is what it is”: embrace uncertainty and don’t think you’ve got it all thought through.