How Entrepreneurs Can Stop Losing Money Without Realizing It
Ciarra Guidicelli

Ciarra Guidicelli @ciarraverse

About: ✨ Exploring worlds, building dreams. 📍 Creator | Storyteller | Digital wanderer 🎨 Mixing creativity with curiosity 🌱 Growing, learning & sharing the journey #CiarraVerse 🚀 | #MindfulMagic 🌙

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How Entrepreneurs Can Stop Losing Money Without Realizing It

Publish Date: May 8
14 10

Running a startup can feel like flying a plane while building it. You focus on product, marketing, and growth, but behind the scenes, your financial systems might be quietly falling apart.

Ashkan Rajaee, a seasoned entrepreneur, shared how hidden financial leaks cost him time, energy, and serious money in the early years of building his businesses. His experience is a strong case study for founders who are scaling fast but haven’t locked in their backend operations.

Read the full article on Vocal: Ashkan Rajaee on Why Entrepreneurs Lose Money Without Even Knowing It


The Hidden Cost of Disorganized Finances

Most startup founders don’t start out as finance experts. They’re builders, developers, creatives, and visionaries. That’s why accounting often takes a back seat until tax deadlines or cash flow issues force attention.

Ashkan’s story is a reminder that messy finances are more than just a hassle. They are a liability. He discovered that even minor disorganization, like misplaced receipts or untracked charges, can lead to thousands of dollars lost each year in missed deductions or overpaid taxes.

In one year alone, he saved over $250,000 just by getting his books in order and documenting everything properly.


Simple Tools That Make a Big Difference

The article breaks down the tools that helped turn things around for him.

  • Xero is ideal for businesses that operate across borders or multiple states. It handles complex tax and currency requirements.
  • Zoho Books is a better fit for small businesses and lean startups. It is simple, affordable, and effective for basic accounting needs.

The key is not choosing the most popular tool, but choosing the right tool for your business complexity.


Why Developers and Startup Founders Should Care

If you’re a developer launching a side project, building a SaaS, or freelancing full time, financial systems matter more than you think. It’s easy to focus on shipping features or gaining users while ignoring the backend setup. But if your receipts, expenses, and reports are unorganized, it can cost you later.

Ashkan’s experience shows that you don’t need to be a numbers person. You just need to be intentional and proactive.


Final Thoughts

Entrepreneurs often believe the solution is to work harder. In reality, working smarter behind the scenes can save just as much stress and money.

If you're building a product or scaling a team, take 15 minutes today to review your financial setup. Automate what you can. Document what matters. And start treating organization as a business asset.

🔗 Read the full breakdown and advice here

If this helped you, give it a like or share it with someone who’s in the trenches building something ambitious.

Comments 10 total

  • Celeste Hargrove
    Celeste HargroveMay 8, 2025

    Glad I found this today. It gave me a new perspective on backend operations.

  • Russel Perez
    Russel PerezMay 8, 2025

    The part about missed deductions was a game changer. Great read.

  • Rinaldi Wise-Meanix
    Rinaldi Wise-MeanixMay 8, 2025

    Simple but powerful insights. I took notes.

  • Daniel Hawke
    Daniel HawkeMay 8, 2025

    So many of us overlook the basics when we’re focused on scaling. This hit home.

  • Imani
    ImaniMay 8, 2025

    Really appreciated the breakdown between Xero and Zoho. Helpful for small teams.

  • Zara Mercer
    Zara MercerMay 8, 2025

    Ashkan’s experience speaks to what most entrepreneurs go through but never talk about.

  • Blake Rangi
    Blake RangiMay 8, 2025

    Clear, relatable, and genuinely useful. Thanks for sharing this.

  • Tech Stratos
    Tech StratosMay 8, 2025

    This made me realize how much money I might be losing to disorganization.

  • Andrea Garcia
    Andrea GarciaMay 8, 2025

    This made me realize how much money I might be losing to disorganization.

  • Anthony James
    Anthony JamesMay 9, 2025

    Loved the practical tools mentioned here. Super helpful for founders.

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