Lucy Gordon on Building Better Financial Models, Teaching Excel Expertise & Mental Health

In this episode, Dr. Kate Jarvis speaks with Lucy Gordon, CEO and Founder of Excel in Property, about the critical role of financial modeling in real estate investment decisions. Lucy shares her journey from aspiring architect to Excel expert, discussing how she discovered her passion for building complex financial models for non-traditional assets like hotels and residential trading platforms. The conversation explores the importance of accurate cash flow forecasting, using models as negotiation tools, and the common errors that plague the industry.Lucy opens up about her mental health struggles that led her to leave traditional employment and start her own consultancy, emphasizing the need for more transparency around mental health in real estate. They also discuss the evolution of modeling standards across the industry, the potential impact of AI on financial analysis, and Lucy's mission to educate the next generation of analysts through her training platform.This episode offers valuable insights for anyone involved in real estate investment, financial modeling, or running a specialised consultancy business.