The best way to learn financial modeling is by building a company's financial model from scratch, as it helps in understanding the business and financial statements deeply.
Pre-built templates can be useful for advanced users to speed up repetitive tasks, but customization is necessary to capture the unique aspects of each business.
By building models from blank spreadsheets, one can gain proficiency in financial modeling and confidently create models for any company.
In the Financial Modeling Mastery Program, students are guided to build their own models step-by-step, reinforcing the importance of 'learning by doing.'