Andy Nieman

[Loon Preservation Committee NH @lpc_nh]

Common Loon Ice Tray

$21.95 Original price was: $21.95.$18.66Current price is: $18.66.
https://t.co/oErFNWnyqP

Dive into a world of lakeside luxury with the all-new Loon Ice Trays, the ultimate centerpiece for your next northern-inspired gathering.

[Andy Nieman @Nieman718]

@TheStalwart I can't believe how much of SF is like one, maybe two story buildings.

[DJ Pauly D @DJPaulyD]

The greatest skill you can master is staying in a good mood when there are hundreds of reasons not to. #PaulyDPositivity

[Andy Nieman @Nieman718]

@realEstateTrent Today's going to be gorgeous! Take advantage of getting good ones.

[Sam Jacobs @samfjacobs]

Unpopular opinion: Financial illiteracy should be disqualifying for leadership roles.

Not "something to work on."

Disqualifying.

I've been asking operators, founders, and GTM leaders these 10 questions:

1. If your company grows revenue 30% next year, what happens to EBITDA?

2. What's the difference between cash flow, profit, and revenue?

3. If you cut your CAC in half, how much more can you afford to spend on growth?

4. What percentage of revenue should Sales & Marketing represent at your stage?

5. If your company loses money, can it still generate positive cash flow?

6. What is the single biggest driver of LTV in a recurring revenue business?

7. If revenue grows 20% but headcount grows 40%, what questions would you ask?

8. How would you determine whether a marketing channel is actually working?

9. If you were given a P&L today, could you identify the three largest opportunities to improve profitability?

10. If your CEO asked how your work impacts the company's financial performance, could you explain it in one sentence?

Most people genuinely struggle after question two.

We promote people into VP and C-suite roles who cannot explain how their decisions show up in the numbers. We then hand them headcount, budgets, and strategic authority.

Then we act surprised when the business runs out of cash.

This is a hiring problem.
This is a promotion problem.
This is a standards problem.

If you run a team and you can't read a P&L, you're not ready.

If you own a budget and you don't understand unit economics, you're guessing.

If you're in the room making decisions and you can't connect your work to financial outcomes, you're overhead.

Harsh? Maybe.

But the companies that survive the next five years will be the ones that stopped promoting financial illiteracy into leadership.

What's the answer?

I'm teaching Intro to P&L Fluency beginning next week. If you are in any kind of leadership position and you can't confidently answer the questions above without resorting to ChatGPT or Google, you should be in the class.

It's 3 weeks and you'll emerge with a far better understanding of how all of this works. 270 minutes of class time plus 180 minutes of cohort time.

In exchange, you'll be far better positioned to lead your org, talk to the board, make friends with Cassie Young, and ensure you don't get fired.

Learn more here: https://t.co/bZCLJKFd0Q

[Andy Nieman @Nieman718]

@TheStalwart With all the engineering schools throughout the region, I find it baffling that the tech sector isn't even much larger. Guess it's a testament to how bad winter is there.

[Chad Dotson @dotsonc]

Let’s goooooooooooo

Wahoowa!

[Andy Nieman @Nieman718]

@TheStalwart Straw season

[Andy Nieman @Nieman718]

@TheStalwart I think Maps is almost uniquely useful. I get by fine using almost none of the last generation of tech (Uber, Amazon, all that stuff). But I gotta admit, it's nice to know when to turn.

[Andy Nieman @Nieman718]

@TheStalwart The old way to do it was order food for delivery while sitting at the bar but send it to your apartment. Then do the reverse hours later when you got home.

[Andy Nieman @Nieman718]

@TheStalwart Looks like they updated their patch

[Andy Nieman @Nieman718]

@talktoskirt Very sorry to hear this. My condolences.

[Andy Nieman @Nieman718]

What a supply chain story @TheStalwart

[Rocky Mountain Outlook @rmoutlook]

BEYOND LOCAL: 'Out of luck': Strychnine arrives late for Alberta and Saskatchewan farmers https://t.co/SaKGhv1Sle

[Andy Nieman @Nieman718]

@realEstateTrent @tylercowen has a thing he calls the Diet Coke production function which is basically, if you're going to have something you need to work, it's good to have something that's readily available

[Andy Nieman @Nieman718]

@tbpn He said he didn't know, maybe it was all the frozen salmon he caught and was shipping back with him. So that's the secret, they'll hold the plane for you if you have a bunch of salmon you're flying with.

[Andy Nieman @Nieman718]

@tbpn On a flight back from Vancouver last year, they were really trying to get someone on this plane, holding it up, asking people to exchange their seat for $1500 or whatever. Finally someone bit. I asked him on the way out why they were holding the plane for him.

[Andy Nieman @Nieman718]

@TheStalwart DORITO (Down Over by Roosevelt Tram Overpass)

[Andy Nieman @Nieman718]

@TheStalwart These guys

[Andy Nieman @Nieman718]

@Emily_Sundberg Has he been on Dan Rattiner's Who's Who in the Hamptons? They could interview each other.

[Andy Nieman @Nieman718]

@Emily_Sundberg A Tauk With is quite charming.