The classes discuss the detail of startup business and are open for all Indonesian people, especially those in Solo Raya. Hello Startup Solo Raya aims to educate the community and build people’s awareness of the startup sector. Its 7th class was held on Friday (26/11/2021) and discussed the “Financial Management: How to Manage Finance for Startup?” with professional speakers, Mario Andaru (Chief Executive Officer/CEO Koraroom) and Akhdan Faiz (Chief Financial Officer/CFO Koraroom).

In the intensive class, the speakers shared their experience and views on the financial management process in a startup. Opening the class, the CFO of Koraroom, Akhdan Faiz, shared his view on startup financial management and said that finance is not the main factor that determines the success of a startup.

“In the past, I thought that to build a startup needs the fund. It turned out that I was wrong. The vital part in establishing a startup is the timing,” Akhdan said. He continued with the applications used in managing Koraroom finance and added that managers need to select an application that meets their business needs.

The CEO of Koraroom, Mario Andaru, shared his strategy as a decision-maker in managing finance. He emphasized that startup founders should not be rushing and reminded the four main pillars in establishing a startup: finance, marketing, product, and human capital.

“Team is the main (factor). From the four pillars that I mentioned, human capital is the main. It is useless for us to create a product when we don’t have a team,” Maria added.

The class is expected to build awareness for startup founders, especially university students, to be careful in managing their business strategy. Humas UNS

Reporter: Ida Fitriyah
Editor: Dwi Hastuti

The post Hello Startup Solo Raya 7th Class Discussed Financial Management Issues appeared first on Universitas Sebelas Maret.