Entrepreneur's Edge Money Bootcamp

Organized Abundance With Your Money

 

 

Welcome Game Changer! 

  • Message from Felicia: 

    Congratulations! You made a very wise decision to invest in this powerful, money and business breakthrough program: "Entrepreneur's Edge - Money Bootcamp".

    This is an unprecedented opportunity to learn my secrets for tracking and keeping more of the money I make. You'll find that the Money Bootcamp is a POWERFUL program to take your business to that next level faster by leveraging what you got to get what you want by acquiring the Entrepreneur's Edge!

I want to personally welcome you and thank you for giving me the opportunity to work with you and your business.

Now, Buckle up and get ready for the ride!!!

Q&A Calls (write or schedule on your calendar now):

Tuesdays and Thursdays at 1 pm CST / 2 pm EST on the following dates:

January 10, January 19, January 24 and February 2

  • Call in number: 641-715-0716
  • Access code: 278516#

Questions? Concerns? Do you have a team member, fellow entrepreneur, or friend who would like to join us?  Email me at Hello@FeliciaStreeter.com and let me know how I can help.

 

Module 1

Set Solid Foundation

Module 1 - 3 Things You Need to Know to Set a Solid Foundation For Your Money Management

We talked about:

  • Outcomes
  • Order of the calls
  • Mindset
  • Belief
  • Action

Training:

  • The benefits of bookkeeping
  • Getting your bookkeeping system in order
  • Technology you’ll use
  • Daily task
  • Weekly task
  • Setting your expectations
  • Setting your goals

Assignments Module 1:

  • Take the money assessment 
  • Write down where you're at right now at the start of this bootcamp with your money management
  • Write down where you'd like to be in the next 6 weeks, 90 days, 6 months, and 12 months
  • Write down your current mindset around money, your business, offers and pricing, everything you're doing or thinking about doing as it relates to your business and you making money
  • Write your expectations for the Bootcamp
  • Write down your goals

Start thinking about the accounting system you’ll use and the supporting technology

Take 5 - 10 minutes after each module to reflect and journal: your thoughts, beliefs, around money, actions taking, and based off the topic of discussion

Documents:

Technology Discussed - some links are an affiliate link so if you use it, I might get a little cash from the company - Keeping it 100 with you. 

End Module 1


Module 2

Smart Money Mindset

 

Module 2 - Develop a SMART MONEY MINDSET

We talked about:

  • Thank yous
  • Order of the calls
  • Mindset
  • Belief
  • Action
  • Portal / Membership area access

Training:

  • Entrepreneurs Money Archetypes 
  • Step Into Your Fortune
  • Money Alignment Formula

Assignments Module 2

  • Review your Top 3 Archetypes - Archetype Overview Chart
  • Complete your Money Alignment Formula Template
  • Take 5-10 minutes after each session to reflect and journal: thoughts, beliefs, around money, actions taking, and based off the topic of discussion

Select and get log-in for the accounting system you’ll use if you have questions post inside Facebook Group

Take 5 - 10 minutes after each session to reflect and journal: your thoughts, beliefs, around money, actions taking, and based off the topic of discussion

Documents:

End Module 2


Module 3

Accounting System Setup

Module 3 - Accounting system backend setup

We talked about:

  • Getting started with your accounting system
  • Determining your account list / categories
  • Setting up vendors and customers
  • Customized invoice template
  • Payment terms

Training:

  • Quickbooks setup walkthrough 
  • Determining your account list / categories – yes sample account list
  •  How can use different name for same thing
    • Examples: Marketing & Advertising, Partner Distribution & Owner's Draw
  • Customized invoice template
  • Setting up vendors and customers

Assignment Module 3:

Take 5 - 10 minutes after each session to reflect and journal: your thoughts, beliefs, around money, actions taking, and based off the topic of discussion

Documents / Resources:

QuickBooks Setup 

Estimates and Purchase Orders Creation 

Products and services setup

Recurring Transactions Setup

 

End Module 3


Module 4 

Money Flow

 

Module 4 - Money Flow

We talked about:

  • Getting Paid - Money In
  • What's Not Income
  • Paying Expenses - Money Out
  • Categorizing Your Expenses
  • Paying Yourself
  • How much to pay yourself

** Disclaimer: I'm not a tax advisor or financial planner - if need to...consult with one**

Training:

  • Money In -  income, refunds, credits, money you invest in your biz, and interest earned
  • Money Out - expenses, vendors, monthly bills, taxes, interest expense, bank fees, PayPal fees, payment processing fees, independent contractors, employees, and subcontractors
  • Categorizing your expenses with consistency
  • Paying Yourself - payroll or owner's draw
  • How much to pay yourself

Assignment Module 4

  1. Complete this weeks assignments and post in the group once you’re done.
  2. Set up paying self and cut check by 10th of month
  3. Create list of vendors and category will post to 
  4. Post questions in the group if you have any while posting your transactions
  5. Take 5 – 10 minutes after each session to reflect and journal: thoughts, beliefs, around money, actions taking, and based off the topic of discussion.

Documents / Resources:

Paying Yourself

  • How Much to Pay Yourself
  • How Much to Pay Yourself Spreadsheet

Documents / Resources:

End Module 4


Module 5 

Posting Time

Money In - Income

  • Posting Income
  • Interest Earned

Money Out - Expenses

  • Vendors
  • Monthly Bills
  • Taxes
  • Interest Expense
  • Bank Fees
  • PayPal Fees
  • Independent Contractors / Subcontractors
  • Employees
  • Categorize Expenses Spreadsheet Template - Excel - Trello

Posting Other Transactions

  • Bank Deposits
  • Transfers
  • Cash Back Rewards
  • ATM Withdrawals
  • Interest Expense
  • Interest Income

Module 5 - Posting Time

We talked about:

  • How to get your books caught up
  • Bookkeeping once your books are caught up
  • Reconciling tips
  • Common mistakes 

Training:

  • Videos above

Assignment Module 5

  • Complete this weeks assignments and post in the group once you’re done
  • Post 2-3 months and reconcile before next call
  • Bring financial statements to next call
  • Take 5–10 minutes after each session to reflect and journal: thoughts, beliefs, around money, actions taking, and based off the topic of discussion 

Documents / Resources:

  • Videos above

End Module 5


Module 6 

Financial Reports

Module 6 - Financial Reports

We talked about:

  • Profit and Loss Statements
  • Balance Sheet
  • Statement of Cash Flow
  • Accounts Receivable Report
  • Accounts Payable Report

Assignments Module 6:

  1. Complete this weeks assignments and post in the group once you’re done.
  2. Run your reports and analyze your business current financial situation
    1. Profit & Loss Statement
      1. Last qtr.: profit or loss
      2. Last month: profit or loss
    2. Balance Sheet  
      1. Review assets and liabilities
    3. Statement of Cash Flow 
      1. How much money does your company have on hand right now?
    4. Accounts Receivable Report 
      1. Any accounts you need to do collection activities
    5. Accounts Payable Report  
      1. Payments coming up? Past Due and need to be paid? Those offer discount and you want to take advantage of – pay them
  3. Take 5 – 10 minutes to reflect and journal: thoughts, beliefs, around money, actions taking, and based off the topic of discussion.

Documents:

End Module 6


Module 7 

Money Plan

Module 7 - Money Plan

We talked about:

  • Real money blocks and beliefs that are holding you back

  • Solve the Time and Money Trap that most entrepreneurs unconsciously fall into

  • Your road map to tracking and keeping more of the money you make

Assignments Module 7:

  1. Complete this weeks assignments and post in the group once you’re done.
  2. Create your money plan for next month
  3. Create your budget (money plan) for next month
  4. Develop a plan for not falling into the time and money trap
    1. What will you outsource
    2. What will you stop doing
    3. What has been a waste of time
    4. What has  not produced the results and income you’d like
  5. Take 5 – 10 minutes to reflect and journal: thoughts, beliefs, around money, actions taking, and based off the topic of discussion.

Documents:

End Module 7

Module 8

Intergration 

Module 8 - Integration

We talked about:

  • Daily tracking of your money
  • Bookkeeping Services
  • Contractor's Edge

Assignment Module 8

  1. Continue to work your routine: daily, weekly, and monthly
  2. Get your accounting books reviewed on a quarterly basis by a bookkeeper
  3. Consult with your CPA on a quarterly or semi-annual basis
  4. File your taxes annually
  5.   Take 10 minutes to reflect and journal: thoughts, beliefs, around money, actions taking, and based off the Bootcamp and what you’ve learned. What transformations have taken place in your business since you’ve been focusing on your money management? How you plan to make changes in your business. 

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End Module 8

 

BONUSES

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Clear Your Money Clutter

(Coming Soon)

 

Notes...

Want To Continue Working With Felicia