# 6 - Understand your FINANCIALS

Learn to speak better business - UNDERSTAND your financials. The financials of your business is the scorecard of how you are doing.  It's a language and for most of us it doesn't come intuitively. Learn to understand common terminology so you can do business better. You'll come to enjoy and appreciate: P&L's Cashflow Forecasts Balance Sheets Margins Conversion Rates Strategy ROI Risk Vision, Mission & Values Team Development Minimum Viable Product (MVP) Bootstrapping Tenacity and so much more...
You can't stick your head in the sand over this stuff and in theSPACE you won't have to... Being surrounded by people who "speak this language" it will come to you without even trying.