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Finance Toolkit for Beginners 💰
Finance Toolkit for Beginners
Academy of Entrepreneurs
Welcome to Finance Toolkit for Beginners (0:15)
Henry Ford said;
Believe in Your Goals (0:20)
Module 1 Finance Toolkit for beginners
Module 1
What You Will Learn
Financial Tips from Successful Entrepreneurs
Quiz (0:28)
Who said?
Quiz
The Entrepreneur
What we can learn from Jeff Bezos
Who said?
Quiz
The Entrepreneur
10 Business Lessons from Bill Gates
Who said?
Quiz
The Entrepreneur
How to invest like Warren Buffett
Who said?
Quiz
The Entrepreneur
Oprah: The Secret To Her Success
Who said?
Quiz
The Entrepreneur
10 Business Lessons from Carlos Slim
Who said?
Quiz
The Entrepreneur
12 lessons learned by G. Armani
Personal Finances
Personal Finances
Your Finances
Oxygen mask
Your Personal Finances (0:20)
Needs vs Wants
Used vs New
Did you know?
Used vs New
Budgeting
Budgeting
Activity
Activity - Your Personal Expenses (1:02)
Write down all your monthly expenses
Making your own budget
Compound Interest
Compound Interest
Compound Interest Explained
What is Compound Interest?
Exponential Curve
Raiz Investment
Tip for you, in Australia
Recommended Read
The Barefoot Investor: summary
Market Research
Market Research
What is a Market?
What is a Market?
Did you know?
Don't let this happen to you!
Quote
How to predict future trends
Activity
Petal Diagram
Petal Diagram
Petal Diagram
Petal Diagram
Petal Diagram
Petal Diagram
Petal Diagram
Activity: Your turn to make your businesses’ Petal Diagram
Gary Vaynerchuk said;
Recommended Read
4 Hour Work Week: summary
Business Models
Business Models
Our next step:
Why is Business Model so important? (0:16)
Introduction to Business Models
Benjamin Franklin said;
A Business Model is not a Business Plan
Business Modeling is about experimentation
Business Model Innovation
How many Business Models are there?
How many Business Models are there? (0:17)
Different Business Models
Service
Retailer
Franchise
Brick-and-mortar
eCommerce
Manufacturer
Distributor
Bricks-and-clicks
Nickel-and-dime
Freemium
Subscription
Aggregator
Online Marketplace
Advertisement
Data Licencing / Data Selling
Agency-Based
Affiliate Marketing
Dropshipping
Network Marketing
Crowdsourcing
Peer 2 Peer Catalyst/Platform
Blockchain
SAAS, IAAS, PAAS
High Touch
Low Touch
Tip: Combine difference Business Models (0:27)
Financial Success
Financial Success
What Makes a Successful Business?
How do we achieve Financial Sustainability (Products)
How do we achieve Financial Sustainability when offering Services?
Carlos Alberto Sicupira said;
Recommended movie: The Founder
Revenue Models
Revenue Models
Matt Johnston said;
Go to market strategy
Go to market strategy
Go to market strategy
Go to market strategy
Downloadable Toolkit
Business Model vs. Revenue Models
Business Model vs. Revenue Models
Business Model vs. Revenue Model: what is the difference?
A Business Model
A Revenue Model
Question
Commission Revenue
Licensing Revenue Model
Arbitrage Revenue Model
Rent/Lease Revenue Model
Subscription Model
Advertising Revenue Model
Fee-for-Service Model
Interest-based Revenue
Crowdfunding
B1G1 - Buy one, Give one
Donations
Grant
Product Model
The Revenue Model is therefore an important component of the business model.
Important
Case Study: UBER
Case Study: UBER
Uber's Business Model
Uber’s Revenue Model
Uber’s Canvas
Mix them up (0:26)
Module 2 Cash Flow, Income Statement & Balance Sheet
Module 2
What You Will Learn
Terminology
Revenue:
Profit:
Cost:
Cost of Goods Sold:
Operating Profit:
Inventory:
Depreciation:
How to Calculate Profit
Example of Inventory Cost and Cost of Goods Sold
What is Cash Flow?
What is Cash Flow?
Quote
Understanding Cash Flow
Why is Cash Flow so important?
Budgeting Cash Reserves & Cash Flow
Cash Flow (major steps involved)
Cash Flow
Cash Flow
Cash Flow forecasting for startups
Cash Flow Statement
Cash Flow Statement
Cash Flow Statement
Cash Flow is King (0:30)
Depreciation
Depreciation
What Is the Impact of Depreciation Expense on Profitability?
How Depreciation Works
Expenses' Effect on Profits
Cash Flow
Tax Accounting
Compliance: the ATO in Australia
Financial Accounting
What is an income Statement (Profit & Loss)?
What is an income Statement (Profit & Loss)?
What is an Income Statement?
Understanding the Income Statement
Income Statement Explained
What’s in a P&L report?
Revenue
Expenses
Expenses
Purpose of P&L Statement:
Purpose of P&L Statement: Example
What is a Balance Sheet?
What is a Balance Sheet?
What is a Balance Sheet?
Balance Sheet Statement definition
How The Balance Sheet Works
Assets
Liabilities
Shareholder’s Equity
Create your Balance Sheet
TIP
Complete your balance sheet
Balance Sheet Equation:
What is an Annual Report?
What is an Annual Report?
Annual Report
What should your Annual report include
What should your Annual report include
Creating a financial projection
Break-Even Analysis
Break-Even Analysis
What does it mean to Break Even?
Break-Even Analysis
Break-even Point
Recommended Read
The Third Door: summary
How to Write the Financial Section of a Business Plan
Burn Rate & Runway
Burn Rate & Runway
Burn Rate
Why Is Burn Rate Important?
Runway
5 steps to help you organise your finances
5 steps to help you organise your finances
Step 1) Set up a business bank account
Step 2) Set up a bookkeeping system
Welcome to Xero accounting software
Step 3) Prepare a budget
Step 4) Payment types and invoicing templates
Step 5) Manage your cash flow
Congratulations (0:24)
Thank you
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