Are You Ready to Begin?

Success in cash flow management requires more than enthusiasm. Let's ensure you have the foundation, mindset, and resources needed to make the most of your learning journey with mendralycios.

Essential Readiness Framework

Before diving into advanced cash flow strategies, it's crucial to assess where you stand. Think of this as your financial fitness test—not to discourage you, but to ensure you're building on solid ground.

Many people jump into financial management programs without considering their current situation. This often leads to frustration when concepts don't immediately click or when real-world application feels overwhelming.

Time Commitment
Realistic expectations about weekly study hours and practice time
Financial Baseline
Current understanding of your business or personal finances
Technology Comfort
Familiarity with spreadsheets and financial software basics
Goal Clarity
Specific outcomes you want to achieve through better cash flow management

Self-Assessment Checkpoint

Honestly evaluate your current position across these three critical areas. There's no judgment here—just clarity about where you're starting from.

1

Financial Foundation

  • Can read basic financial statements
  • Understand income vs. cash flow difference
  • Track monthly expenses consistently
  • Familiar with profit margins concept
  • Know your current financial position
2

Technical Readiness

  • Comfortable with Excel or Google Sheets
  • Can create basic formulas and charts
  • Willing to learn new software tools
  • Have reliable internet connection
  • Access to computer for practice sessions
3

Commitment Level

  • Can dedicate 5-8 hours weekly
  • Ready to apply concepts immediately
  • Willing to share challenges openly
  • Committed to 6-month learning period
  • Open to changing current financial habits

Your 90-Day Preparation Path

If you identified gaps in the assessment above, don't worry. Here's a practical roadmap to get yourself ready for maximum success in our program, which begins in September 2025.

30

Foundation Building Phase

Days 1-30
Start tracking every dollar that flows through your business or personal finances. Use a simple spreadsheet or app like Xero or YNAB. Read "Profit First" by Mike Michalowicz to understand cash flow fundamentals. Practice creating weekly cash flow projections, even if they're rough estimates. The goal isn't perfection—it's building the habit of financial awareness.
60

Skills Development Phase

Days 31-60
Take a free online Excel course through Coursera or similar platform. Practice building charts and pivot tables with your own financial data. Start identifying seasonal patterns in your cash flow. Join online communities like the Australian Small Business Facebook groups to see how others discuss financial challenges. Begin networking with other business owners in your area.
90

Integration & Readiness Phase

Days 61-90
Create a comprehensive picture of your financial situation including 12-month cash flow history. Identify your three biggest cash flow challenges and document specific examples. Set up your learning environment with necessary software and tools. Connect with at least two other professionals who might join the program with you. Schedule your finances so you're ready to invest in your education without cash flow stress.