🚨 The Theranos Lesson: Beyond the Hype 🚨𝐄𝐥𝐢𝐳𝐚𝐛𝐞𝐭𝐡 𝐇𝐨𝐥𝐦𝐞𝐬 𝐝𝐢𝐝𝐧’𝐭 𝐣𝐮𝐬𝐭 𝐟𝐚𝐤𝐞 𝐭𝐡𝐞 𝐬𝐜𝐢𝐞𝐧𝐜𝐞—𝐬𝐡𝐞 𝐛𝐲𝐩𝐚𝐬𝐬𝐞𝐝 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐜𝐨𝐧𝐭𝐫𝐨𝐥.

We’ve all read the headlines: flashy founder, visionary claims, a $9B valuation… and zero working product.

But here’s the detail that too often gets overlooked: Theranos largely 𝐨𝐩𝐞𝐫𝐚𝐭𝐞𝐝 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐚 𝐭𝐫𝐮𝐞 𝐂𝐅𝐎 – someone who could challenge assumptions and demand transparency. This meant there was often no one in the room consistently asking:

❓ “Where’s the data?”
❓ “What assumptions are driving this model?”
❓ “Does this even work on paper?”

Your Business Needs Real Numbers, Not Just Dreams
At Great Minds Consulting, we don’t chase hype. 🚀 We build financial systems that expose the truth—good or bad—before it’s too late.
Because healthy businesses aren’t built on storytelling. They’re built on numbers. 📊
AI can model trends. Founders can pitch dreams. But someone still needs to say: ‘Show me the forecast, not just the fantasy.’
That’s us. 💡

Image: By Tali Mackay at English Wikipedia. Licensed under CC BY-SA 4.0.