This is why it’s so important for finance pros to deeply understand their business. You can’t identify which cost is fat vs which is muscle based on a spreadsheet alone. h/t Rory Sutherland

@rorysutherland Need to apply second order thinking when cutting costs

It’s so easy to feel overwhelmed with your business finances. But don’t use that as an excuse to ignore them. Dig in, learn, and ask questions. Set up a month or weekly time to learn more on the subject. You’ll never regret better financial education.

@rorysutherland Just cut expenses by 10% after the acquisition, great deal Every spreadsheet "dealmaker"

@rorysutherland Yes, he sometimes presents interesyin point of view.

@rorysutherland So true and @rorysutherland is one of the best to listen to or read. Full of great insights usually delivered with a decent dose of humour

@rorysutherland As @privateinequity says “move the big items not the line item”

@rorysutherland Very well said

@rorysutherland Story of the entire 21st century

@rorysutherland What a great quote. Fat vs muscle.

@rorysutherland he’s insulted the utilitarian in me. 😂

@rorysutherland Rory is an intellectual GIANT

@rorysutherland Yeah he’s awesome