Skip to main content

#384 – From Model to Budget

Friday Ship #384 | February 16th, 2024

Piggy bank

This week, we’ve been diving headfirst into the realm of budgeting as we collaborate with our fractional CFO, Michael, to solidify our financial roadmap for 2024.

Shifting Perspectives: From Model to Budget

Reflecting on our past practices, it’s clear that we’ve leaned heavily on our Financial Model for financial analysis and strategic planning. However, as our organization continues to evolve, so should our approach. Adding this next step, from model to budget, provides us with a more detailed framework to guide our day-to-day decisions.

Empowering Ownership and Understanding

While the Financial Model serves a valuable purpose, it’s essential to broaden our team’s understanding of our financial trajectory. By implementing a budget, we’re not only distributing ownership of financial performance but also equipping each team member with the knowledge and tools to contribute meaningfully to our financial goals.

Mapping Our Path: Next Steps

As we finalize the initial budget, our next course of action is to engage our circle leads for their insights.


We observed a stable trend across most metrics; however, there was a slight decline in new invited users.

This week we…

…🚢 shipped 7.15.0 and 7.15.1

published Parabol for the Public Sector webpage

Next week we’ll

…finalize plans for a virtual Product design retreat.

Kendra Dixon

Kendra Dixon

Kendra leads operations at Parabol with over 15 years of experience building and managing teams in remote work environments. She came to Parabol from Techstars where she managed the first remote accelerator supporting startups focused on the future of work. Kendra lives and works near San Diego, CA.

All your agile meetings in one place

Run efficient meetings, get your team talking, and save time. Parabol is free for up to 2 teams.