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How to Read a Balance Sheet - A Simple Guide for Non-Finance Founders with Balance Sheet Generator

Financial reports can feel intimidating, especially for founders without a finance background. But understanding the basics can dramatically improve decision-making and confidence. In this practical guide, Rebecca Nankya Ssemugabi breaks down how to read a balance sheet in simple, everyday language, supported by a hands-on balance sheet generator you can try yourself. M ost founders don’t struggle with running a business. They struggle with understanding the numbers behind it. And few reports feel more intimidating than the balance sheet. But here’s the truth: a balance sheet is simply a snapshot of what your business owns, what it owes, and what’s actually yours at a specific point in time. The Balance Sheet in One Line Every balance sheet is built on one simple equation: Assets = Liabilities + Equity Assets are what the business owns Liabilities are what the business owes Equity is what belongs to the owner(s) If this equation balances, the balance sheet makes sense. A Simple Exa...

7 Times Desi Films lied to us

 Desi films, or those made in South Asia, have mesmerized one-sixth of the world’s population for over a century. Each year it drives millions to the cinema. The actors working in the film industry are revered like angels. But despite its attraction, it has its flip side. Let’s look at when desi films lied to us:

illustration of a bollywood heroine

1.   “Rainy” Songs

Although monsoon is a staple of the climate of the sub-continent, our films have taken the liberty of exploiting this weather phenomenon. Almost every other film has a dance sequence in the rain where the poor heroine must get drenched (no matter the weather, i.e., summer or winter) to woo her heartthrob. No one bathes in the rain in public in the entire subcontinent. It comes first in the list of lies told by Desi films.

2.    No consideration for the weather conditions 

The poor heroine has to wear skimpy clothes, especially a saree in the snowy mountains. One wonders how these songs are shot in the first place in that severe cold environment. Again, no one wears a see-through saree in December.

3.  The hero beats the gangsters one by one

Another myth perpetuated by the films is of the hero beating bullshit out of a group of rowdies. If someone has ever had a chance to fight, they would tell you that this is the last thing a group of gangsters does, i.e., coming to fight consecutively.

4.  No girl has been impressed by a sweat-drenched undershirt. 

The origin of this bizarre ritual is uncertain. The least any sane girl would do in response to seeing someone sweating profusely is cringe.

5.  Poor boy, rich girl, and vice versa. 

Millions of films have been made to propagate this myth, i.e., a match between rich and poor. This formula drives the public to the cinema in hordes (such as Raja Hindustani) and (Dil Hai Keh Manta Nahi). Still, in reality, people of different social classes hardly mingle not to talk about falling into a romantic relationship.

6.   An item song by the impressed girl

After beating the shit out of the gangsters and saving the “izzat” of the heroine from the hooligans, the next thing is anyone’s guess. Yes, she is ready to present the item song.


7.   Dance in the crop fields

Okay, it has become a cliché, but dancing in the crop fields is one of the many spectacles that Punjabi films offer. The reality is that rural society is more conservative than urban society, which is why we hear more news of honor killings in the villages than in the cities.


Besides lies, these myths also lead to unwanted effects on the audience. According to psychologists, the gap between reality and the film world can disorient the audience. They may create expectations from others that are not met in real life. For example, in the case of a relationship between different social classes, the results are not as expected, which may cause stress. This stress may lead to depression, anxiety, or other psychological problems. Do you know other lies told by Desi films? Please share with us.




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