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!

1. Invest in NFT Tokens aka BUY/Trade SOME: https://investorjunkie.com/investing/how-to-invest-nft/ 
2. Invest in hedge fund and NFT funds : https://www.yahoo.com/now/10-best-nft-stocks-buy-142001419.html
3. Create a game / platform/ land scape to trade NFTs
4. Write a NFT blog/ newsletter/ e book/ or forum
5. Create an app for NFT trade/ creation 

Additional Resources

1. Check out Kash’s Youtube Playlist: Bookkeeping basics for small business owners.
2. 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.

1. Additional ResourcesCheck out Kash’s Youtube Playlist: Bookkeeping basics for small business owners.
2. 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.