Hi guys:
I'm not good at modeling (I think I always get confused about cash flow concepts and taxes), and I want to make modeling become my strength instead of weakness.
What are some practical things I can do to train that? Currently, I already know how to do basic LBO and 3-statements. It's the more complex cases (LBO, tax, etc.) that throw me up.
Thank you!
Practice. Get feedback from others. Rinse. Repeat.
Only way to get good at something is by doing. Practice where you're weak. Find someone that has strengths where you're weak. Use them as a resource to improve your work. No easy way around it.
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