MONEY MATTERS WITH KASH THE BOOKKEEPER

4. (MONEY MATTERS) BECOME A SOCIAL MEDIA INFLUENCER - KASFIA RASHID

3. (MONEY MATTERS) BECOME A SOCIAL MEDIA INFLUENCER - KASFIA RASHID

2. (MONEY MATTERS) BECOME A SOCIAL MEDIA INFLUENCER - KASFIA RASHID

1. (MONEY MATTERS) BECOME A SOCIAL MEDIA INFLUENCER - KASFIA RASHID

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.html Create a game / platform/ land scape to trade NFTs Write a NFT blog/ newsletter/ e book/ or forum Create 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 Video Increased Traffic Generation Helps in Building Better Relationships with the Audience Easy to Create Podcasts are Highly Engaging Improves 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!