MONEY MATTERS WITH KASH THE BOOKKEEPER

Surprisingly, creating an NFT isn't complicated, and there are platforms where you can get guidance on the entire process. NFTs are built and supported by a particular blockchain, with Ethereum NFT being the most popular. Apart from Ethereum, Flow and Binance are also commonly used for its development. You need a crypto wallet and cryptocurrency, mainly Ethereum, to transact. You can sell NFTs for cryptocurrency or fiat money through smart contracts, and the transfer is recorded on a blockchain.  Check out this great step by step : https://www.cnbc.com/2021/03/23/how-to-create-buy-sell-nfts.html  Don't want to create or sell your own NFT's? No worries! Several other ways to get into the NFT market! Invest in NFT Tokens aka BUY/Trade SOME: https://investorjunkie.com/investing/how-to-invest-nft/ Invest in hedge fund and NFT funds : https://www.yahoo.com/now/10-best-nft-stocks-buy-142001419.htmlCreate a game / platform/ land scape to trade NFTsWrite a NFT blog/ newsletter/ e book/ or forumCreate an app for NFT trade/ creation  Additional Resources Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners.Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now!

In June, he began to code Weird Whales, his second NFT collection, which features 3,350 pixelated whales, each with distinct traits. The project fused together a sort of meme, using the image of a whale, with traits similar to that of the iconic pixelated CryptoPunks, one of the first NFT collections to exist. After launching in July, the entire collection sold out in nine hours, and Ahmed made over 80 ether in one day. Since he has held his profits in ether, that sum is worth over $255,000 with today's pricing. He then earned an additional 30 ether, worth over $95,000, from the resale market, since Ahmed earns a 2.5% royalty on each secondary sale. Ahmed has made over $350,000 to date, and by the end of August, projects his total earnings will be over $400,000!!! https://www.cnbc.com/2021/08/25/12-year-old-coder-made-6-figures-selling-weird-whales-nfts.html

Digital artist Sarah Zucker started selling NFTs of her art work in 2019 when no one but the crypto community knew what an NFT even was. Then, within a year, it became her main source of income. In 2021, Zucker has had over $274,000 in NFT sales already. And Zucker isn't alone. The latest NFT hype cycle has led to billions of dollars in sales this year. Celebrities – from athletes like NFL player Rob Gronkowski, to musicians like Shawn Mendes and executives like Tesla's Elon Musk – have cashed in on the craze with drops of their own. And there have been record-breaking auctions like artist Beeple's, who sold his NFT “Everydays: The First 5000 Days” for over $69 million. But there are also everyday creators making an impressive living off of NFTs, who are using the technology to take control of their art and careers.  So, what's stopping you! NOTHING!  Meet three creators making more money than they ever have before thanks to NFTs: https://www.cnbc.com/2021/05/12/meet-the-millennial-creators-making-six-figures-selling-nfts.html   At just 5 years old, Ahmed began programming after watching his father, Imran, work as a web developer. He started with HTML and CSS, and continued to advance his coding skills, later learning JavaScript and other programs. His first NFT collection, which he launched earlier this summer, consists of 40 colorful, pixelized avatars called Minecraft Yee Haa, that “I created after spending too many hours playing [video game] Minecraft,” Ahmed says. He created the artwork and coded each himself, he says. The collection didn't immediately sell, but that was OK. Ahmed saw the project as more of a learning experience than a “money grab” and wanted to continue to create

A digital-only artwork has sold at Christie's auction house for an eye-watering $69m (£50m) - but the winning bidder will not receive a sculpture, painting or even a print. Instead, they get a unique digital token known as an NFT. “Non-fungible token” means a crypto asset that cannot be altered or reproduced. You can think of these tokens as the digital equivalent of artwork in a private collection. Each piece of art in the collection is unique and valued differently.  Where Bitcoin was hailed as the digital answer to currency, NFTs are now being touted as the digital answer to collectables. Non-fungible tokens are becoming some of the most profitable blockchain-based experiments in history. High-profile influencers, like Twitter CEO Jack Dorsey, have recently made the news by auctioning off NFTs. Like pieces of art, an NFT can be sold for money or cryptocurrency. However, the token's asset transfer is recorded in the blockchain just like cryptocurrency. This establishes who currently owns it. Each NFT is tied to a digital (or in some cases, physical) asset of the original owner. Technically, anything in digital form can be turned into an NFT. Famous tweets, Facebook posts, Instagram pictures, and more can be turned into NFTs and sold by anyone. With the NFT market recording sales of $2 BILLION in the first quarter of 2021, there is no better reason to include it as week 9 of our 10 week build a business challenge. 

“When you show up consistently, opportunities tend to fall on your lap. Don't be surprised if your favorite magazine invites you to be a contributor or a TV producer wants you to host a new show. After finding me through my podcast, Yahoo Finance invited me to guest host a web show on business. Hearing me interact with guests, respond off the cuff, and share my own business advice on solo episodes gave them the confidence to put me on live TV! This was an incredible opportunity for me to go on-set in New York City and get publicity for my business,” shares Mellone. So if you've been thinking about starting a podcast, you can look forward to a lot of benefits other than just sponsorships.    Additional ResourcesCheck out Kash's Youtube Playlist: Bookkeeping basics for small business owners.Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now!

Whether you have a small loyal following or thousands of downloads per episode, promoting an offer that brings in recurring revenue is a smart way to create passive income. The key to this is to share a subscription-based product or service with your audience. This could be a product or service that you are an affiliate for, or one that you create yourself.  “Whether it's your own offer or an affiliate offer, it should align with your podcast brand and solve a problem for your listener. Not only will it be a win-win for everyone involved, it will also bring in recurring revenue to your business,” explains Jaclyn Mellone, a podcasting expert, and host of Go-To Gal, a top podcast for female entrepreneurs. “As an affiliate, you want to seek out partnerships that pay recurring commissions. Four years ago, my former co-host and I signed up as an affiliate for a well known SaaS company. Each time a listener signed up for the service through our link, we started to receive a percentage of that person's monthly bill on a recurring basis—indefinitely. I stopped running ads for this company last year, but it continues to be a five-figure passive income stream for us!”    A podcast gives you your own media platform where you're showcasing your expertise week after week. This visibility puts you on the radar of other media outlets and helps you stand out from the crowd when pitching yourself.  “Whether it's print, TV, digital, or even other podcasts, when you want to pitch yourself for TV or a popular podcast or a huge online platform, having a living, breathing authority platform in your podcast showcases you as an expert,” says Mellone. “Your podcast adds to your credibility, commitment and professionalism as the go-to expert in your industry. 

When you are a social media influencer, you are basically selling a BRAND. That's the product! While the major social media platforms are great and have tons of perks, they are not the only players in this game.   Podcasting, Radio shows, Talk shows, and Speaking engagements are all high dollar revenue streams for the right people. Podcasting has garnered an immense popularity over the years. A podcast is a set of digital audio files that are available on the internet for downloading. A user can subscribe to the podcast to receive the digital files once they are uploaded. Businesses nowadays are increasingly using podcasts to improve their prospects. It is a powerful marketing tool. Podcasts have become the new talk radio on mobile devices. In fact, the increased usage of mobile phones has led to the explosive growth of podcasting. A few of the Benefits of Podcasting: Podcasting is an Alternative to VideoIncreased Traffic GenerationHelps in Building Better Relationships with the AudienceEasy to CreatePodcasts are Highly EngagingImproves Public Speaking Skills   You may think of podcasting as just another platform to share content with your audience, but in reality, it is so much more than that. Podcasts are an authority platform. Unlike popular social media channels, you aren't simply writing a caption or sharing a picture. With a podcast, you're broadcasting your thought leadership from a far more prestigious vantage point than Instagram or Facebook. Many creators jump into podcasting hoping to book paid sponsorships or convert listeners to clients. This is just the beginning of what podcasting has to offer.   

welcome to week 8A of our 10 week Build a Business boot camp, where we are continuing our conversation from last week about building a social media EMPIRE!  Last week we concentrated on building a platform and how to have each platform pay YOU for creating content. Today we have a SPECIAL treat! We are chatting with Sharvette Mitchell of Mitchell productions-“THE PLATFORM BUILDER”!  From her website: “Whether you're offering transformational services & products, delivering digital courses or leading a heart-centered nonprofit or ministry... operating in your zone of genius comes easy for you. But what doesn't come so easy is mastering this whole online marketing thing and building your personal brand.  Sharvette Mitchell, social media superstar, confidence igniter, your overwhelm eliminator, and a straight-talking strategist who knows how to help you build your PLATFORM. I do this by focusing on six core components: your services, content marketing, visual branding, speaking, events, and media!”  Connect with Sharvette: https://mitchell-productions.com/   

What You Need to Know -How much can you earn? Social media influencers can make big money on platforms such as TikTok, YouTube and Instagram. But it all depends on followers and views. According to a new “social salary” calculator from music licensing platform Lickd.co, here's how many followers you need on YouTube, Instagram and TikTok to generate $100,000 in earnings. To calculate the estimates, Lickd.co used data from Influencer Marketing Hub's YouTube Money Calculator, Creator agency SevenSix's influencer pricing report and influencer branding platform SocialPubli's blog post on “How many followers do you need on TikTok to get paid?”   YouTube According to the calculator, You need a minimum of 1,000 YouTube subscribers and about 24 million yearly views to generate $100,000. In order to make money on YouTube, you need to be enrolled in YouTube's Partner Programme (YPP), which allows you to make money through ads on your videos. To join YPP, an influencer needs at least 1,000 subscribers, accumulated more than 4,000 “valid public watch” hours in the last 12 months and have a linked AdSense account, according to YouTube. Influencer Marketing Hub's YouTube calculator estimates that the average YouTuber generates $7.60 per 1,000 views with 45% of that revenue going to Google. Instagram You need a minimum of 5,000 Instagram followers and 308 sponsored posts a year to generate $100,000. That may be easier than you think: A recent HBO documentary showed how everyday people can manipulate Instagram and other platforms to become famous online influencers. An influencer with over a million followers can reportedly make more than $250,000 per post from brands. To make money on Instagram, switch your account to a professional account and select business. TikTok You need a minimum of 10,000 TikTok subscribers and over 270 million views a year to generate $100,000. TikTok, like YouTube, has a partnership program called the TikTok Creator Fund. To be eligible, creators need to be based in either the U.S., U.K., France, Germany, Spain or Italy, be at least 18 years old, and have at least 100,000 followers and a least 100,000 video views in the last 30 days. The account also has to be aligned with TikTok's community guidelines and terms of service. To find out how much money your followers can get you on various social media platforms, you can use Lickd.co's calculator.    Top Instagram influencer pay out list: https://www.hopperhq.com/instagram-rich-list/ More ways to leverage your social capital : https://buffer.com/library/make-money-social-media/ How to become an influencer: https://influencermarketinghub.com/how-to-become-an-influencer/    Additional Resources Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners.Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now!Want more KASH? Sign up for the free newsletter!   ​Written by Kash the bookkeeper   Check out the last QuickBooks Online Tutorial you will never need here! You can connect with Kash on any of her seriously social platforms under the handle @Kashthebookkeeper Connect on LinkedIn Follow on Instagram Like on Facebook

For many creatives, earning money from their hobbies is now more realistic than ever. But which platforms will pay for content?   These days, working with brands and sponsored campaigns is not the only way you can get paid for creating and sharing content. Some social media platforms will also reward creators for their hard work with financial incentives. But which companies pay for content, and how can you earn money from these platforms? Here are nine social media platforms that will pay you to create content. 1. Snapchat According to CNBC, Snapchat pays up to $1 million per day for content created on the platform. Snapchat users can submit their best snaps to Spotlight, an entertainment platform that shares this kind of content from around the world. 2. TikTok Creators entertain, inspire and express themselves, and TikTok supports and rewards these individuals for their efforts. 3. YouTube As outlined in a post on the Official YouTube Blog, the YouTube Shorts Fund is worth $100 million and is being distributed in 2021 and 2022. Eligibility is open to anyone who creates unique YouTube Shorts content for the community. 4. Instagram To show monetary support to a content creator on Instagram, users can purchase badges during live videos. This allows fans to show their support while participating in a live stream. 5. Twitter Twitter's Tip Jar is a way to receive and show support on the app using money. Essentially, Android and iPhone users can send and receive Tips. This feature is currently available to numerous users, including creators, journalists, experts, and nonprofit organizations. 6. Spotify Greenroom Spotify Greenroom is an app where live conversations are had about music, sports, and culture. You can browse groups on any topic, and also get notified about relevant rooms to join. 7. Clubhouse Clubhouse pays users with the Creator First accelerator program. Payments can be sent by all users, and the app will pay the full amount to the creator—without taking a cut. 8. Facebook Facebook is helping content creators diversify revenue by offering tools and support to those who build communities on the app. There are a number of ways to earn money from Facebook, from in-stream ads to branded content, as well as fan subscriptions and groups. 9. Pinterest Pinterest's Creator Fund is limited to a small number of creators from underrepresented communities in the US. This support includes strategy consultations, an advertising budget, and compensation for content creation.   Read the full article here: https://www.makeuseof.com/social-media-platforms-that-pay-creators/   Not interested in traditional social media accounts? Okie! Check this article out for additional platforms that may work better: https://www.webemployed.com/content-creators-platforms-earn-income/  

Social media has become an integral part of all of our lives. We use it to connect with friends and family, to catch up on current events, and, perhaps most importantly, to entertain ourselves. This is why just under 70 percent of Americans, and more than 2.6 billion active users globally, use social networking sites. However, this wasn't always the case. Back in just 2005, social media penetration in the U.S. was just 5 percent, and most of the rest of the internet didn't even know what it was.    Today, by producing eye-catching content and using such tools as Instagram Stories and the Facebook Market Place, anyone from the humble start-up to well-known brands can compete against one another on an even playing field. Previously, small companies would struggle online with a low advertising budget. Still, today they are more likely to survive than they would on the high street, as social media platforms have helped them spread the word about their offerings. People tend to be more influenced by what they read on social media than through casual conversations or what they watch on TV. This has created a HUGE opportunity for content creators! One we are going to discuss today.   Chances are even if you don't "follow" a social media influencer or even totally understand what they do you're likely to understand the concept. Influencers are those individuals who have essentially established credibility in a specific area or industry. To be successful they need to have access to an audience, preferably a large audience – hence their "influence. "With time and commitment, and consistent effort, it is possible for an average person to become a successful influencer," said Sinead Norenius-Raniere, vice president, influencer marketing & paid social at Valassis.   There's a segment of professionals who have risen to the level of a social media influencer as a byproduct of their expertise in a given subject.   "They are corporate executives, thought-leaders, scientists, academics, corporate executives, and others," noted Schreiner. "The Internet and platforms like Twitter and LinkedIn, provide these influencers with a social media presence and a stage to communicate their expertise to a wider audience than if they just wrote a book, for instance. For these influencers this social media presence may result in becoming a mini-celebrity and the rewards of receiving increased professional recognition along with additional associated professional benefits."   

Welcome to week 8 of our 10 week Build a Business boot camp!  Right now, there are people making a living on social media without selling anything. We've all seen those profiles of seemingly regular people with tons of followers. It always seems as if they're traveling or doing something fun. But what exactly do they do to fund this fairytale lifestyle? They are social influencers. Experts predict that in the next two years, global influencer marketing will be a $5-10 billion dollar industry. (insert shocked face emoji here!) You don't need a huge audience to start making money from your social media audience. In fact, it's worth noting that many micro-influencers get better results (i.e. earning a higher rate per 1000 followers) than influencers with larger followings. So, what's stopping you from becoming the next Trendsetter? By the end of this show, not-a-thing! Let's get into how to start a social media influencer business!

How to create a Bitcoin fork? Option 1. Use a fork coin generator.  If you don't have any programming skills, services like ForkGen might be a perfect solution for you. ForkGen is an automated fork coin generator where anyone can create a unique Bitcoin offshoot by changing some parameters and rules.  Option 2. Do It Yourself.  If you want to take a hardcore way to create a Bitcoin fork and aren't afraid to get your hands dirty, follow these steps:  Go to Github, find, download and compile Bitcoin code on your computer. Then, the programming part starts: you'll have to reconfigure the Bitcoin code, implement your customization. Publish the code (open source) back to Github. Provide a website and some kind of documentation (normally a white paper).  Read these amazing articles for more information: https://utsavkumar1.medium.com/5-reasons-why-you-should-have-your-own-cryptocurrency-3df7eeb8f446  https://hackernoon.com/how-to-create-your-own-cryptocurrency-tips-to-get-started-947ba92f79f9  https://lifehacker.com/how-to-create-your-own-cryptocurrency-1825337462  https://www.starterstory.com/bitcoin-business-ideas#4-start-a-cryptocurrency-business-384k-year   Additional Resources 1.    Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now!Want more KASH? Sign up for the free newsletter!

Build your own blockchain—or fork an existing one Both of these methods require quite a bit of technical knowledge or the help of a savvy developer. Because coins are on their own blockchains, you'll have to either build a blockchain or modify an existing one for your new coin. The former takes serious coding skills, and even though tutorials and online courses exist to walk you through the process, they assume a certain knowledge level, and you generally don't finish the process with a fully functioning coin that's ready for public exchange.  Alternatively, you can fork an existing blockchain by taking the open-source code found on Github, making a few changes, and launching a new blockchain with a new name. Again, this requires you to understand the code so you know what to modify and why.  Launch a coin or token on an existing blockchain For the average person who doesn't know the ins and outs of coding, a creation service that does the technical work and delivers your finished coin or token back to you is one option.  For example, WalletBuilders has a free coin launch tool for those who just want to experiment with the process, as well as a paid package (0.0023 BTC as of this writing) that creates a functional coin.   You can also create a token—what is essentially a smart contract—with or without a public ICO. Because tokens can represent any asset, you can even create a token with no real value or serious purpose other than to exchange among friends.   This is faster, simpler, and cheaper than creating a coin because it doesn't require the time and effort to build and maintain a new or forked blockchain, and instead relies on the technology already in use for Bitcoin or Ethereum. This generator on Github, for example, simply requires you to install MetaMask (a blockchain utility for buying, exchanging and storing tokens) and enter a few details about the token you're launching. There's a free option if you don't care much about customization, and plans with more control cost up to 0.75 ETH as of this writing.   If you're crypto-curious, there's no penalty to experimenting with token contracts. Start with an ERC-20 token that you can distribute to your friends and then cash in to whoever buys drinks at the bar. There's no monetary value or commitment attached, but this will help you understand the technical aspect as well as how tokens work. An ICO probably won't be appropriate for the casual observer because of SEC regulation and steep penalties for misrepresentation.  

First, it's important to understand the difference between coins and tokens. Both are cryptocurrencies, but while a coin—Bitcoin, Litecoin, Dogecoin—operates on its own blockchain, a token lives on top of an existing blockchain infrastructure like Ethereum. Tokens are often released through a crowd sale known as an initial coin offering (ICO) in exchange for existing coins, which in turn fund projects like gaming platforms or digital wallets. You can still get publicly available tokens after an ICO has ended—similar to buying coins—using the underlying currency to make the purchase. Anyone can create a token and run a crowd sale!  Benefits of having your own cryptocurrency:  Eliminating fraud risks — cryptocurrency is impossible to counterfeit and no party can reverse past transactions.  Cutting down operating costs — cryptocurrency is free from the exchange or interest rates, as well as the transaction charges.  Offering immediate transactions — state holidays, business hours or geographic location of the parties don't affect cryptocurrency.  Ensuring an immediate pool of potential customers — now you can make business with those without an access to traditional exchange resources. No more trade restrictions in any markets.  Providing security for their funds — since cryptocurrency is a decentralized system, there is no Big Brother figure like banks or government institution that can seize or freeze your assets.  The idea behind cryptocurrency is that the underlying code is accessible to everyone—but that doesn't mean it's easy to understand.

Hello and welcome to week 7 of our 10 week Build a Business boot camp! Last week we discussed creating crypto businesses, this week we learn how to create our own crypto token! We covered this topic last season as well, check out the replay to catch up!  Creating a cryptocurrency may sound like a great idea, at first. But without some serious coding skills, a rich uncle or two, and a full understanding of legal and government implications it may not be the most feasible idea for this vast majority of us.  The technical creation of a cryptocurrency isn't even the hardest part of launching a successful crypto project. The real work is in giving your coin or token value, building the infrastructure, maintaining it, and convincing others to buy in, which requires a team of developers and staff.  So; why are we even discussing it?  Because crypto currency is EVERYWHERE and if we don't get on this band wagon, we will end up regretting it later.  Besides! I am going to show you some FREE ways to dabble in creating your own currency and of course, a couple of innovative ways to start using your new tokens!

But how does one START doing this TODAY? Pretty much.. Sign up.. And start earning! Want to be more proactive in your passive income efforts? Understandable.. Check out these opportunities: Mine crypto from your web browsers: https://cryptotabbrowser.com/landing/22/22755006  n CryptoTab, you can create your own mining network by inviting new users via your personal link. Mining network includes up to 10 levels of referrals, which means you will get income from your friends mining, their friends mining and further on. In addition, the number of referrals on each level is unlimited. By inviting just a few people, you can significantly increase your income. https://www.freecryptoearning.com/ : FREE CRYPTO EARNING is a mining and crypto currency holding company, We mine and buy cryptos and at a low price and hold them until desired profits are achieved. We also invest in new and emerging ICO tokens which are still at early stages of development and have a good team of developers behind them. So we can help our investors to make great profits from them. We used cloud based mining to achieve stable and long term profits from crypto currency. The trust and support of our members is most important for us and we always look forward to long term relationships. Earn while you learn, Acquire crypto assets in a fun and low risk way, by taking lessons and testing your knowledge: https://coinmarketcap.com/earn/  Earn by Completing Task on Earn.com :Earn.con is a platform where users can get rewarded for completing the task and replying to the email. They have recently collaborated with Coinbase and launched a program to earn while learning. Coinbase invites verified users who can earn by answering questions or by completing tasks. This provides actually an opportunity for users to learn about cryptocurrencies and the platform and to earn is an added incentive. Blogging for Crypto: Publish0x supplies crypto and you don't need any cryptocurrency to use the platform. That crypto can then be used to tip blog post authors. You simply select how much you want to tip the author of an awesome blog post and how much you want to keep for yourself. So if you're a bit of a wordsmith then you can monetize those writing skills by posting content on Publish0x and getting tipped by users.   Read more inspiring stories:  https://medium.com/coinmonks/best-ways-to-earn-free-bitcoin-crypto-92f550b558b7 https://coinfunda.com/earn-free-cryptocurrency/ https://cointasker.com/free-bitcoins/how-to-get-free-cryptocurrency-in-2021/ https://www.freecryptoearning.com/ https://www.cryptoneet.com/free-crypto/ https://crypto.com/us/ Additional Resources Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners.Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now!Want more KASH? Sign up for the free newsletter!

3. Look Out for Exchange Sign-Up and Referral Bonuses Some cryptocurrency exchanges offer sign-up or referral bonuses for using their services. A previous Coinbase sign-up bonus offered $5 to new users to invest in crypto, for example, and the exchange currently offers a $10 bonus to both you and your referral when they make an account and trade at least $100.  Make sure you pay attention to the terms of these bonuses. You may be required to provide more personal information or go through other actions to claim these rewards. Most of these offerings aren't lucrative enough to warrant signing up for an entirely new exchange if you already have an account, but if you're a beginner, keep an eye on exchanges you're considering to see if they offer a sign-up bonus or referral for other friends that may be interested. 4. Coinbase Earn Popular cryptocurrency exchange Coinbase offers incentives for using the platform's Learn hub. In order to get the free change, you'll need to watch Coinbase's videos, take quizzes, and then Coinbase will deposit a small amount of crypto into your wallet. The content is typically focused on a specific altcoin (like GRT and BOND) and, as a result, these are the coins you'll earn for going through the lessons. ​Because altcoins generally aren't recommended for long-term investing, you can convert these lesser-known coins into Bitcoin or Ethereum once you earn them. But remember to keep track of these transactions, as every crypto-to-crypto trade is taxable. Additionally, you should track the price value of all your earnings through Coinbase Earn, and report them as income on your federal tax return. If you earn over $600 through the program, Coinbase will issue you a Form 1099-MISC, which you can use to report your earnings. You'll need to have a funded Coinbase account, live in an eligible country, and verify all of your personal information to start earning with Coinbase Earn. 5. Earn Interest on Your Bitcoin A few crypto exchanges allow you to earn interest on your cryptocurrency holdings. Gemini Earn, for example, is a lending program in which you lend your crypto to institutional borrowers and can earn up to 7.4% APY. BlockFi has a similar offering, BlockFi Interest Account, which accrues interest up to 7.5%. Lending your crypto out to these institutions can add even more risk on top of the built-in risk of cryptocurrency, so make sure you read the terms carefully before you sign up and don't lend more than you can afford to lose.  You can also earn interest by staking on some crypto exchanges, like Binance.US. Staking means leaving cryptocurrency in your wallet to earn rewards or interest. By doing so you help maintain the blockchain network. You can usually only stake certain coins within an exchange, which may require buying into more risky altcoins to reap the benefits.  Interest you earn on your crypto as well as earnings from staking are both taxable, and your responsibility to report as income. If you choose to participate, you'll need to track the cost basis of your earnings throughout the year to include on your tax return.  6. Airdrops Of all the methods for earning free crypto, airdrops carry the most risk — more than we believe is worth the benefit for most investors. Developers perform airdrops when they want to gain traction for their new cryptocurrency. Put simply, they give away coins to try and garner adoption. 

Do you believe that crypto is the future of money? Of course, you do. That's why you're here. However, let's face it. The current situation in the world has left many people out of a job, accepting pay cuts, or having to work reduced hours. That's led to lots of crypto evangelists feeling the squeeze, which means that many cannot afford to buy any crypto. But does that mean that you're frozen out of the cryptocurrency markets? Absolutely not. This week we are going to go over top ways to get free crypto. That way you can stack sats and altcoins without spending a cent. Sure, these methods are unlikely to make you a millionaire. However, many are perfect for people with a bit of free time on their hands, who want to get a toe in the water or increase their stack of crypto. Starting a crypto business may sound like accepting crypto as a form of payment for your products or services, and using third party merchants, like Paypal and Visa, doing so is a possibility now. But, not what we are going to be talking about today. Due to the massive popularity of Crypto, digital currency is itself has become a booming business. One you can start with your laptop, and time, today. EVEN IF YOU DON'T HAVE A CRYPTO WALLET and without ANY INVESTMENT! Evaluate any opportunity for free crypto critically before participating. Many of the more legitimate ways to earn “free” crypto require at least some upfront work, like taking lessons on Coinbase Earn or navigating a shopping portal for crypto rewards. And promises of free money are ripe for manipulation from scammers. Never accept an unsolicited offer for free cryptocurrency, and do your own research into any opportunity before you take part. Let's break it down: 1. Shopping Rewards Lolli, a Google Chrome or Firefox browser extension, offers “Bitcoin Back” when you shop with its retail partners. It works similarly to browser extensions like Rakuten or Honey that offer discounts and cash back when you use the portal or extension to shop online. Like those programs, Lolli rewards you for spending regular money just as you normally would when shopping online — not for making purchases with crypto. Retailers on Lolli range from Nike to Sephora to Malaysia Airlines. Rewards go from 1% to as much as 30% Bitcoin back, depending on the retailer and product. Your rewards will go into your Lolli account, and then you can transfer them to your crypto wallet or exchange account. Earn $5 in bitcoin by clicking here: https://lolli.com/share/8rYKBf8PJc 2. Credit Cards A cryptocurrency credit card works similarly to other rewards credit cards, but instead of earning cash back or points with every swipe, you'll get cryptocurrency. While we love simple cash back rewards (and you can always buy crypto with your cash back earnings), these cards can help you more seamlessly pad your crypto portfolio. Gemini and other exchanges have announced plans for cryptocurrency rewards credit cards, along with fintech companies like BlockFi and Upgrade. The rewards categories on these cards are similar to many traditional cash back credit cards. BlockFi Credit Card, for example, earns a flat 1.5% back in Bitcoin on every purchase you make, after earning 3.5% back for the first 90 days after account opening.  

Hello and welcome to week 6 of our 10 week Build a Business boot camp! We are at the halfway point of our challenge and it's time to make a hard right turn into the digital currency world. That's right kiddos we are starting our Crypto business this week! Cryptocurrency is everywhere these days. Open your favourite tech or finance website, and it's there. Watch the news, and it's there. Speak to your co-workers, friends and family, and it's there too. However, while such attention is great for the cryptocurrency industry, it inevitably means that obtaining bitcoin and other digital currencies is becoming increasingly expensive, with BTC's price over 45k at time of writing. But.. Free money is nothing new to astute consumers: Credit cards have sign-up bonuses, bank accounts earn interest, and there are even tools to get cash back when shopping online. And now, you can get many of those same perks issued in cryptocurrency instead of credit card points or U.S. dollars. If you've already added cryptocurrency to your investment portfolio, these options offer some extra coin on top of your initial investment — but you should know exactly how it works before diving in. You should also be prepared for the added responsibilities free crypto may require, especially when tax season approaches.  While some forms of free crypto, like crypto credit card rewards, are only taxed on the capital gains you earn when you cash out (just as any other crypto you buy with your own money), others may be considered taxable income when you receive it, and it's your responsibility to report that to the IRS. Do your research to know your own tax obligations beforehand.

6. Get your finances in order You'll naturally identify your startup and operational costs throughout the business planning process. But you'll also need to get the rest of your financial plan in order. The documents included represent a snapshot of your current monetary situation, the health of your business, and any future expectations you've forecasted. You'll need a: Profit and loss statementCash flow statementBalance sheetSales forecastPersonnel planBusiness ratios and break-even analysis At the start, a full financial plan is valuable for you to keep track of how your business is doing and identify any areas for improvement. Eventually, if you apply for a loan or pitch your business this will be a vital piece to successfully receive funding. Lastly, you'll also need to get your personal finances in order. This means understanding your current financial situation, what you can afford for your business, and if your personal credit will affect your business. You'll likely want to separate your business from your personal finances if you become a full-time business owner, but if it's initially more of a side-hustle and you're in good financial standing this may not be necessary.  7. Learn marketing basics The potential of your business can quickly die if you're not reaching your customers. That's why it's vital that you do some research and know some marketing basics from the get-go. 8. Get customers This may seem like an obvious step, but it's vital for long-term success. 9. Set milestones Milestones are something you'll need to cover in your business plan, but they aren't goals that you set in stone. Instead, they should evolve as you operate your business, see results, and adjust your trajectory accordingly. While you likely set milestones to get your business up and running, these later goals should be what you intend to achieve long-term. 10. Find a mentor Now that you've gotten your business off the ground it may be time to grow your network and find a business mentor. IBGR has mentors around the physical and business world to help you! Just reach out!    Read more inspiring stories: https://yeswemadethis.com/from-hobby-to-business/?utm_medium=social&utm_source=pinterest&utm_campaign=tailwind_tribes&utm_content=tribes&utm_term=599194092_22655820_597152https://medium.com/authority-magazine/ten-entrepreneurs-share-how-they-turned-their-hobbies-into-successful-careers-22e574e35e2 https://vnexplorer.net/does-your-hobby-have-business-potential-heres-how-to-tell-er2021403183.html https://nairobigarage.com/hobby-into-business/  Additional Resources 1.    Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now!Want more KASH? Sign up for the free newsletter!    

Building a business from your hobby isn't the easiest thing in the world, but personally I think it is well worth the effort. Do you have to follow the traditional steps to start a business based on a hobby? The correct answer is of course you do. But it doesn't have to be as intense as starting a traditional business. Check out these 10 steps from bplans.com to get a head start: https://articles.bplans.com/how-to-turn-your-hobby-into-a-business/ 10 steps to turn your hobby into a business 1. Set a goal Simply deciding to turn your hobby into a business isn't a goal. Of course, you want to be working on something you're passionate about, but what else do you want from your business?  Do you intend to quit your day job and run it full-time? Are you just looking for a side hustle? Do you simply want a challenge or even just the freedom to make something on your own? 2. Do your research This process is simply you learning more about your potential customer. You're asking questions, looking at the available market, analyzing competitors, and identifying your target market.  ​3. Identify a business model The second half of doing your research is identifying a business model. Find a platform that fits your customer-base, business offering, and pricing strategy. 4. Test your idea So, before you go full steam ahead you'll want to validate your idea. You've done a bit of this already when asking potential customers questions, but this is where you test if they'll actually buy it.  5. Develop a business plan If you find that your idea does have traction, it's time to make things official. Writing a business plan helps you put everything you've done so far in order and ensures you're covering all your bases. This is where you put together all of your market research, business goals, operational costs and think about long-term goals and milestones.

Sometimes, we can get stuck in the traditional understanding of what a business is, you have to have something to sell or a service to provide, usually you will needs some formal education or a proven skill set, in something that can be exchanged on a consistent basis to others.  Times have changed.  No longer are any of those things required! Just like we don't need a store front or an office to service our customers, we also don't need to provide traditional wares. Thanks to advancements in technology, you can create a business from the comfort of your own home, using what you are already doing and monetizing it! With over 7 BILLION people in the world, no matter what you're into, there is a tribe for you! Building a business out of your hobby as the added benefit of a built in passion.  So..What are some of YOUR hobbies that can be turned into a business?  

Hello and welcome to week 5 of our 10 week Build a Business boot camp! We all get into business because of a passion- I usually say- this passion is what keeps entrepreneurs warm on those very lonely, cold nights as we lay awake wondering what we got ourselves into… Moving on. This passion for the purpose of our product or service is VERY important to the longevity of business. It fuels innovation, it helps you stay focused, and of course is a cornerstone of the whole brand! But what if you don't have a passion? What if you don't want to save the world through fuzzy socks? What if you don't' have an angelic singing voice, can't dance for beans, and have no idea what a crease cut is? Can you still have a thriving business that makes enough to support you and your family? Great questions, ones we will be exploring today as we take a look and how real-life businesses were started from a real life hobby. Find something that fulfills you creatively then connect with other people who share that passion, enough to create a customer base. “Find three hobbies you love: One to make you money, one to keep you in shape and one to be creative.”― Anonymous  

Now that we've established the basics of how affiliate marketing works, we're sure you're waiting at the edge of your seat to find out how to become one. Thankfully it is very easy to start! Follow the short five steps below! A Step-By-Step Guide to Get Started with Systeme.io's Affiliate Marketing : https://systeme.io/blog/affiliate-marketing-beginnersHow to Do Affiliate Marketing for Beginners: The Basics : https://easyaffiliate.com/blog/affiliate-marketing-for-beginners/11 Best Affiliate Programs for Beginners to Make Money : https://empireflippers.com/best-affiliate-programs-for-beginners/The 8 Best Affiliate Marketing Programs for Beginners : https://larryludwig.com/best-affiliate-programs-beginners/ClickBank: The Brutally Honest, Must-Read Guide for 2021 : https://smartblogger.com/clickbank/ Affiliate Marketing in 2021: How to Find High-Paying Programs and Start Your Affiliate Business https://www.shopify.com/blog/affiliate-marketing  Additional Resources  Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now! Want more KASH? Sign up for the free newsletter! 

When you sign up for an affiliate marketing program, you're issued a unique ID and a trackable URL to use in your content promoting the merchant's product(s). When a user clicks on your affiliate link or banner ad, it adds a cookie to the user's browser. If you click on an affiliate link or ad, you might notice the referral code or identifier within the URL. Generally, the link looks longer than it would if you were to visit the merchant's page directly: As an affiliate program manager, you would use these special IDs to verify the referral source of a customer. In other words, these codes are critical for confirming and crediting affiliate partners. Not all affiliate programs operate the same way, of course. Some common commission models include: Pay Per Click (PPC): Affiliates earn credit any time a consumer clicks on their affiliate links. Pay Per Sale (PPS): An affiliate earns a percentage of the referred sale. Pay Per Lead (PPL): If an affiliate's link results in a qualified lead, they receive a fixed commission. Ultimately, the structure and terms depend on whether you're using a self-hosted program or an affiliate marketing network. Networks such as Commission Junction and ShareASale are popular places to get started. These third-party services act as an intermediary between sellers and affiliates. Although they can help with finding and managing affiliate accounts, they don't offer as much control or autonomy as self-hosted programs, such as what you can operate through Easy Affiliate. With the latter, you can create your own program and exercise complete control — and it's simpler than working with a third-party service.

Affiliate marketing is a strategy in which a brand pays a commission to affiliates based on sales generated through their referrals. The key parties involved are: Sellers (sometimes referred to as merchants, retailers, or brands) can range from individual entrepreneurs to global enterprises. They are the creators of the products or services being promoted and sold.Affiliates (also referred to as publishers or advertisers) promote the seller's products to their audiences by using affiliate links and ads. If their promotion or referral leads to a sale, they earn a commission from the seller.Customers purchase the product or service from the seller based on the affiliate's referral. Essentially, affiliate marketing is a form of profit-sharing between sellers and advertisers. The commission earned comes out of the product price, so it doesn't create an additional cost to the customer. Whether you participate in affiliate marketing as a merchant or an affiliate, there are many advantages when compared to other types of marketing. One of the biggest draws is the amount of control and flexibility available. For example, a merchant can create an affiliate marketing program based on the products and services of their choosing, while affiliates can decide which programs to participate in. The shared goal is getting product promotions in front of relevant audiences who are likely to convert. Affiliate marketing is also cost-effective. Most affiliate programs are free to join, and operate on a performance-based system. This means that commissions are earned only when a consumer completes the intended action

Welcome to week 3 of our 10 week Build a Business boot camp! Have you been wondering how to get involved in affiliate marketing? Affiliate marketing is a popular and effective tactic for boosting conversions, driving sales, and ultimately earning a passive income online. However, considering that it's such a dynamic and expansive field, figuring out where and how to get started can feel overwhelming. Fortunately, all it takes is some simple guidance and research. Once you understand the basics of affiliate marketing for beginners and how it works, you can use it to your advantage and increase the income you earn through your website.

Quick summaryFollow these steps to showcase your brand on Amazon.  Create a Professional seller account.Enroll your brand in Amazon Brand Registry.Add products and use A+ Content to customize your Amazon listings.Create a unique storefront for your brand using the Amazon Stores tool.Use more tools to grow and distinguish your brand—all included with your seller account. Let's talk numbers The cost to sell on Amazon depends on your selling plan, product category, fulfillment strategy, and other variables. The options are flexible, so you can find the combo that works best for you and your goals.  https://sell.amazon.com/pricing?ref_=sdus_soa_priov_n Lastly: Check out this AMAZONG ( see what I did there?! ) Seller Central: https://sellercentral.amazon.com/gp/help/external?ref_=sdus_soa_xscus_help&initialSessionID=apay%3D147-2220821-4716029&ld=NSYahoo  Additional Resources  Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now! Want more KASH? Sign up for the free newsletter! 

OH AMAZING AMAZON! How I love thee… let me count the ways…  No really. You may think you need to be some large manufacturer or big drop shipper with overseas connections to take advantage of the whale that Amazon is. But you couldn't be farther from the truth! Selling products on Amazon is just the start of the multi-billion dollar pie. Check out these helpful sites for more details! When I say it's too much to include here, I mean it!  Small business resources: https://sell.amazon.com/small-business.html App developers: https://developer.amazon.com/?initialSessionID=apay%3D147-2220821-4716029&ld=AZUSSOA-seemoreOnline store: https://sell.amazon.com/build-an-online-store?ref_=sdus_soa_baos_fSeller university: https://sell.amazon.com/learn?ref_=sdus_soa_su_fAmazon business credit: https://www.amazon.com/dp/B07CBJQS16?pr=ibprox&plattr=CCLFOOT&place=camp&ie=UTF-8&ref_=footer_cclAmazon credit card! https://www.amazon.com/dp/B07984JN3L?plattr=ACOMFO&ie=UTF-8Amazon affiliate market: https://affiliate-program.amazon.com/?initialSessionID=apay%3D147-2220821-4716029&ld=AZUSSOA-seemore 

Over half of the products sold in Amazon's store come from small and medium-sized businesses. “At Amazon, supporting small and medium-sized businesses (SMBs) is a fundamental part of our work and an extension of our customer-centric culture. We see value in investing in the success of sellers, artisans, authors, package-delivery and logistics services, and software developers. When they thrive, our customers benefit from the products and services they offer. That's part of the reason that over the course of 2019 and 2020, Amazon will have invested more than $30 billion in logistics, tools, services, programs, and people to foster the growth of our SMB sellers.”  Besides selling your products on Amazon, Amazon has a suite of services designed for small businesses but most don't take advantage of them, mainly because they don't know about them! 

Hello and welcome to week 2 of our 10 week Build a Business boot camp!  ​Amazon is the world's largest marketplace. If you aren't selling on Amazon- WHY NOT!?!? Let's fix that this week! 

After you find the business of your choice and you sign up ..what next?  Here are Chris Meekins Top five questions to ask when choosing your Business.  What product are you selling? Do you want to be a product or a service business owner?Can I make money without recruiting anyone? Is it possible to make more than your sponsor? If you do not have a team, is it possible to make as much money as someone who does?Does your product or service have Fair market value aka, is it worth the price?  Ready to get started today? The fastest way to your business today is to reach out to Chris himself!  Website: www.creativecmg.com #1 way to create income online! Get started for $99 (business builder bundle ) today! Limited time offering. Additional Resources  Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now! Want more KASH? Sign up for the free newsletter! 

With so many choices it is hard to figure out which business is the right one. There is an air of scams around MLM and direct sales that we need to fan away if we are to look at the options objectively. Below are three amazing articles that will help you choose the right fit! 10 Ways to Choose a Great Network Marketing Opportunity : Here are 10 questions to ask about the company you may potentially be working for that will help you choose wisely. https://www.thebalancesmb.com/choose-network-marketing-opportunity-1201185 How To Choose The Best MLM Company? In this article, we will see how to choose the best MLM Company by following some principles to join the best MLM company. ttps://blog.infinitemlmsoftware.com/how-to-choose-the-best-mlm-company/ The Top 100 Best MLM Companies To Join (2021) :  https://www.ecosecretariat.org/best-mlm-companies/ Bonus: Here is that Facebook thread I mentioned! (2) Direct Sales Mom's | Facebook

Joining a multilevel marketing business is one of the easiest ways to plug into a system and start your own business without having to reinvent the wheel. No matter what your passion in life can be or what you may simply enjoy as a hobby there is a multi level marketing business out there for you. A quick Google search and a few posts on your favorite social media platform will easily harvest several options for you. Just recently I ran across a post on Facebook asking for recommendations on free multilevel marketing businesses for someone to join. The comment section was filled with brand approved pitches listing benefits, rewards, and success stories.  These pre-made templated businesses offer a strong foundation for new entrepreneurs, a system for marketing, customer service, and even accounting. If you've never owned a business before, or just want to dip your toe into a new venture a multi level marketing business may be the answer.

Hello and welcome to week 1 of our 10 week Build a Business boot camp!  Following the structure from last season, we are starting with a closer look on Multi-Level Marketing businesses and direct sales models. There are thousands of MLM's, subscription boxes, and commission based/ team building companies out there. with the onset of the virtual world + mega prizes, these once old fashioned door to door sales have gotten a GLOW UP, HUNTY! How can you get a piece of this multi- billion dollar industry? Better yet, how can you get in for free!? 

Before we can start building the businesses of tomorrow, there are some things we need to!  Sign up for a separate email ( you can create several or just one)Create a www.canva.com account for free: https://www.canva.com/join/jtg-zhx-rmgSign up / create new social media accounts for your new businessIt goes without saying that you are going to need a bank to deposit all of the new money you will be earning! If you don't want to open up a new bank account, considering signing up with Paypal or a similar merchant. Sign up for a free business management account with Google or my favorite is zoho.com! Email Hello@kashthebookkeeper.com for a discount link!  We also need to leave behind a few things for our 10 week challenge to really work! We have to give up the fear of failing. Separate ourselves from imposter syndrome and remember that money is just an energy, an energy that is endless, one that can be tapped into at any time!  READY to get started?  Additional Resources  Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners  Grab your free Bookkeeping Checklist here! You can connect with Kash on any of her seriously social platforms under the handle @Kashthebookkeeper Connect on LinkedIn Follow on Instagram Like on Facebook

Season 6 calendar, notes and show topics: 7/19/21   Multi Level Marketing and Direct Sales in the Digital Era:   What kind of MLM's are there and how can we sign up? Which are the most profitable? pros/cons Is it a real business though? How can I turn my business into a MLM?  7/26/21   Amazing Amazon:   Amazon is the world's largest marketplace- if you aren't selling on Amazon... WHY NOT?! Let's fix that this week!  8/2/21      Affiliate links made easy!    8/9/21      Turn Hobbies into Income    8/16/21   How to invest in Crypto Currency   Crypto.com + how to mine or generate crypto for FREE! WHAT NOW!  8/23/21   Make your own currency!    Tokens to be exact and put them to work in your business! 8/30/21   Social Selling- FB, IG, TT   Make money online generating and selling content! Not about how to grow your audience, just how to get started. 9/6/21   Social Selling- YT, webinars   Make money online generating and selling content! Not about how to grow your audience, just how to get started. 9/13/21   Land Mine?   How to use Decentral land to create your own virtual business world 9/20/21   Make and Sell your NFT   Title really does say it all here.  9/27/21   Summary of what we built.    

Season 6- 10 week challenge- Build Tomorrow's Business today!: Concepts are great, but how do we use them to actually build a business? Is it even possible? Worth it? Well, let's find out! This season we are going to build a business each week- from our laptops.. wait for it... with little or no investment! Yeah, even I have my doubts about this one ya'll. Thankfully we have entrepreneurs popping in all season long to give us the tea on how they became digital nomads-the good, the bad, the ugly- and how you can too! Grab your wireless mouse and join me each week as we go from concept to creation, here on Money Matters. There are so many new pathways to wealth, the choices can get overwhelming! Here at IBGR, we are all about being in the present, while using the past to secure our future. Instead of going over the same ol' "Work from home" avenues, we are leaning on the concepts we covered last season and taking a concentrated, direct path to building a business TODAY.

Hello and congratulations on taking the first step in the journey of business ownership. If you're thinking of starting your own business you're in the right place. IBGR radio network is a central place for tools, resources and training that you are going to need to have a successful life long journey. Think of me as one of your many tour guides here.  My name is Kasfia Rashid but you can call me Kash. It is my job to prepare you to understand the language of business. Warren Buffett said that accounting is the language of business! So, who better to learn from than an accountant with over 16 years worth of experience! Last season we discussed the future of money, explored the new emerging concepts in business and expanded our horizons. Catch the whole season on your favorite podcast player! Just search for Kash the bookkeeper!  This season we take those concepts and turn them into sustainable businesses. In the past it was hard to start a business! If you wanted to sell products, you had to have a store. If you want to sell services, you need a place to service your customers. BUT NOT ANYMORE! A new era of business has emerged, along with it a new era of business owner: The digital nomad. Today we discuss the framework for a 10 week challenge. Build a business a week from your laptop, with little to no startup costs! That's the challenge on the table, as we build the businesses of tomorrow.

Before you look to automate, you NEED to first have standardized processes. You can't automate without a clear, step-by-step process in place. So get clear on your processes first. The easiest way to do this: For each process that you're looking to automate, get a strong team member in that process to document how they perform the task as it's being performed.Open / create bank accounts to house each new stream of revenue or asset line and use integrated apps to bring everything together in one place.Use predictive analytics, for example Futrli Predict. It will look at historical information in Xero/QBO to create a predicted cash flow forecast, P&L and balance sheet. Source Articles: https://online.maryville.edu/blog/future-accounting/ https://www.icpas.org/information/copy-desk/insight/article/digital-exclusive-2018/what-will-accounting-and-finance-look-like-in-10-years https://www.ifac.org/knowledge-gateway/preparing-future-ready-professionals/discussion/future-accounting  Additional Resources  Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now! Want more KASH? Sign up for the free newsletter! 

The biggest technological development that accountants have seen in the last decade has been the emergence of the cloud. Thanks to the cloud, we have seen the rise of artificial intelligence, machine learning, robotic process automation, and various other technologies that have allowed us to automate far more. The future of accounting is not just about technology, but it sure is being driven by it. Here are some examples of how automation is helping accountants this very second: Machine learning and robotic process automation can help you to prepare the books in a fraction of the time that it used toThe interconnectedness of third-party software vendors and your accounting system allows data to flow seamlessly between each other, reducing manual data entry and errorsArtificial intelligence is able to quickly augment an accountant's skills It's clear that one must stay current with trends in automation in order to stay relevant as the future of accounting evolves. Labor and time-intensive facets of accounting — such as audits, tax preparation, banking, and payroll — are quickly becoming fully automated. As the application of AI to create self-learning systems continues to be integrated into accounting tasks, technological systems will take on the repetitive and time-consuming jobs, leaving the analytical and managerial tasks to humans. For example, major software vendors, such as Intuit, Sage, OneUp, and Xero, offer automated data entry and reconciliation options using AI and machine learning technologies in company bookkeeping, according to Forbes.   Another trend impacting the demand for accountants in the future is blockchain technology, a computer-based recording system that uses cryptocurrency within a user-to-user network. The attractiveness of blockchain for accounting lies in “the possibility of a new type of accounting ledger — one that can be continuously updated and verified without the threat of being altered or corrupted,” Accounting Today explains.

If Accounting is the language of business then Accountants are the translators of business. It is our job not just to compile numbers into neat little rows, but to communicate what those numbers mean and how best to use them. Everyone experienced a disrupted year, but for Finance & Accounting, the challenge exacerbated by the pandemic has been holding companies back for years.  Accounting and finance leaders are quick to quote Microsoft founder Bill Gates when prophesizing about the future of the accounting and finance profession: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.” The truth is, most people have difficulty envisioning a future much different from what's seen in today's most state-of-the-art departments. Outside of robots taking over, what more can change? If we look back at the careers of professionals who are about to retire, the profession looks far different today than it did 40 years ago. In 1978, most companies kept their accounting records in paper ledger books.  At the time, business school graduates were still about 75 percent male and supervised overwhelmingly female clerical staffs. Professionals wore suits and ties, might have a beer (or two) at lunch, and likely carried a paper appointment calendar in their breast pocket. Well, all of that has certainly changed. Undoubtedly, the accountant of the future will need to be technologically savvy to evolve with the changing industry. As intelligent technologies progress and more companies move their information to cloud-based systems, accountants need to become proficient in leveraging the cloud to offer clients up-to-date financial analysis and to stay competitive. Accounting professionals who wish to use blockchain will need to be familiar with relevant software programs, as well as how to set up information transfer for ledgers, contracts, and records.

This season has been a wild ride into the Future of Money and it wouldn't be complete without taking a look at the Future of Accounting ( for that money). The accountancy profession, like all professions, is going through a period of appraisal of its future position as a result of numerous changes in culture, technology and the world of work. COVID-19 has proved to be an incredible test for Finance & Accounting. The pandemic didn't care where a company was in their digital finance transformation. Business changed radically, and so did Finance, as companies had to shift to a digital model overnight. According to a recent survey of F&A professionals by FSN, this led to unprecedented disruption: 46% were disrupted by manual tasks that could no longer be carried out in the office 41% were disrupted due to the difficulty of just sharing paper documents36% were disrupted from limited access to on-premise solutions while they work from home With accountants being so instrumental in success of a business, a disruption with them could cause a huge strain on the organisation and the owners, sending a ripple effect across the business world! While so many other parts of business have benefitted from digital transformation, Finance & Accounting is too often still getting the job done with the same tools and technology they have used for decades, still relying on spreadsheets and manual processes. Manual processes take too long, create unnecessary risk and hurt morale and productivity. Simply put, traditional manual accounting processes are not sustainable. Today we will explore some innovations in accounting that can have a substantial impact on your bottom line. 

Before you look to automate, you NEED to first have standardized processes. You can't automate without a clear, step-by-step process in place. So get clear on your processes first. The easiest way to do this: For each process that you're looking to automate, get a strong team member in that process to document how they perform the task as it's being performed. Open / create bank accounts to house each new stream of revenue or asset line and use integrated apps to bring everything together in one place. Use predictive analytics, for example Futrli Predict. It will look at historical information in Xero/QBO to create a predicted cash flow forecast, P&L and balance sheet. Source Articles: https://online.maryville.edu/blog/future-accounting/ https://www.icpas.org/information/copy-desk/insight/article/digital-exclusive-2018/what-will-accounting-and-finance-look-like-in-10-years https://www.ifac.org/knowledge-gateway/preparing-future-ready-professionals/discussion/future-accounting  Additional Resources  Check out Kash's Youtube Playlist: Bookkeeping basics for small business owners. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now! Want more KASH? Sign up for the free newsletter! 

The biggest technological development that accountants have seen in the last decade has been the emergence of the cloud. Thanks to the cloud, we have seen the rise of artificial intelligence, machine learning, robotic process automation, and various other technologies that have allowed us to automate far more. The future of accounting is not just about technology, but it sure is being driven by it. Here are some examples of how automation is helping accountants this very second: -Machine learning and robotic process automation can help you to prepare the books in a fraction of the time that it used to -The interconnectedness of third-party software vendors and your accounting system allows data to flow seamlessly between each other, reducing manual data entry and errors -Artificial intelligence is able to quickly augment an accountant's skills It's clear that one must stay current with trends in automation in order to stay relevant as the future of accounting evolves. Labor and time-intensive facets of accounting — such as audits, tax preparation, banking, and payroll — are quickly becoming fully automated. As the application of AI to create self-learning systems continues to be integrated into accounting tasks, technological systems will take on the repetitive and time-consuming jobs, leaving the analytical and managerial tasks to humans. For example, major software vendors, such as Intuit, Sage, OneUp, and Xero, offer automated data entry and reconciliation options using AI and machine learning technologies in company bookkeeping, according to Forbes.   Another trend impacting the demand for accountants in the future is blockchain technology, a computer-based recording system that uses cryptocurrency within a user-to-user network. The attractiveness of blockchain for accounting lies in “the possibility of a new type of accounting ledger — one that can be continuously updated and verified without the threat of being altered or corrupted,” Accounting Today explains.

If Accounting is the language of business then Accountants are the translators of business. It is our job not just to compile numbers into neat little rows, but to communicate what those numbers mean and how best to use them. Everyone experienced a disrupted year, but for Finance & Accounting, the challenge exacerbated by the pandemic has been holding companies back for years.  Accounting and finance leaders are quick to quote Microsoft founder Bill Gates when prophesizing about the future of the accounting and finance profession: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.” The truth is, most people have difficulty envisioning a future much different from what's seen in today's most state-of-the-art departments. Outside of robots taking over, what more can change? If we look back at the careers of professionals who are about to retire, the profession looks far different today than it did 40 years ago. In 1978, most companies kept their accounting records in paper ledger books.  At the time, business school graduates were still about 75 percent male and supervised overwhelmingly female clerical staffs. Professionals wore suits and ties, might have a beer (or two) at lunch, and likely carried a paper appointment calendar in their breast pocket. Well, all of that has certainly changed. Undoubtedly, the accountant of the future will need to be technologically savvy to evolve with the changing industry. As intelligent technologies progress and more companies move their information to cloud-based systems, accountants need to become proficient in leveraging the cloud to offer clients up-to-date financial analysis and to stay competitive. Accounting professionals who wish to use blockchain will need to be familiar with relevant software programs, as well as how to set up information transfer for ledgers, contracts, and records.