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Track financial health in 15 minutes with clear accountability

Founding teams with 3+ people and monthly burn over $50K

Weekly recurring, permanent process

What Success Looks Like

Team aligned on financial reality every week, issues caught early, clear action items assigned with red/yellow/green accountability

Steps to Execute

1

Schedule non-negotiable 15-minute weekly meeting, same day/time

2

Create standardized 5-metric format in Slack or email

3

Report: runway in weeks, weekly burn vs budget, collections/DSO, growth metric, unit economics proxy

4

Use red/yellow/green emoji system for instant visual status

5

Assign one specific action item with owner and deadline

6

Post in dedicated finance channel for transparency

Checklist

Meeting scheduled at same time weekly
5-metric template created and standardized
Red/yellow/green thresholds defined for each metric
Action item format includes owner and deadline
Finance Slack channel or communication method established
Historical data tracked for trend analysis

Inputs Needed

  • Current bank balance and weekly expenses
  • Outstanding invoices and collection timeline
  • Revenue or growth metrics from previous week
  • Customer acquisition cost and payback data

Outputs

  • Weekly financial health snapshot
  • Early warning system for problems
  • Clear accountability for financial actions
  • Team alignment on priorities
  • Historical trend data for decision making

Example

“Team reports runway 47 weeks (down 2), burn $74K vs $70K budget (red), DSO 35 days vs 40 (green), MRR $284K +$9K (green), CAC payback 5.2 vs 4.0 target (yellow). Action: Chase 3 invoices worth $45K by Friday.”