Class Five

Objectives

• Get comfortable with your financial status and tools that can help you plan for future success and challenges.

Directions

• Refine the self reflection about Money, Beliefs, & Values and Building Your Financial Story
• Complete the Venture Financials Startup Expenses in the Excel Workbooks
• Begin work on the Venture Financials budget, sales channels, and cash flow Excel workbook tabs for your whole venture.
• Draft a narrative for the Venture Canvas Financials including Tax Structure, Business Model, Revenue Sources, and Timeframe to be sustainable.

Objectives

• Expand your understanding of business models and how they could impact your venture. Learn to use creative venture financial spreadsheets to project your venture revenues and costs.

Sample Video

Key Concepts

• Legal Structure (tax)
Non-Profit
For Profit
Hybrid
• Business models
• Licensing your work
• Budgets – Venture Financials
Excel Basics and worksheet overview
Start-up expenses
Effective budgets
Sales Channels
Cash Flow

Objectives

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Sample Video

Key Concepts

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Objectives

• Begin to explore your personal financial needs and wants.

Sample Video

Key Concepts

• Legal Structure (tax)
Non-Profit
For Profit
Hybrid
• Business models
• Budgets – Venture Financials
Excel Basics and worksheet overview
Start-up expenses
Effective budgets
Sales Channels
Cash Flow

Objectives

• Challenge your own mental models about your work, your personal values, and your financial values so that you can make a solid plan for your future financial stability.

Sample Video

Key Concepts

• Beliefs and attitudes toward money in the world