Capital and expense are two key concepts in financial management and they serve different purposes. Here's a breakdown of the differences: 1. Capital (Capital Expenditure) -Definition: Capital refers to long-term investments in assets that will benefit the company for more than one accounting period (typically longer than a year). These investments are expected to generate future economic benefits. -Examples: Purchasing property, machinery, equipment, vehicles, or software licenses that last several years. -Accounting Treatment: Capital expenditures (CapEx) are recorded as assets on the balance sheet and then depreciated or amortized over their useful life. This means the cost is spread out over several years rather than being fully expensed in the year of purchase. -Purpose: To acquire or upgrade physical or intangible assets that will improve the company’s long-term productive capacity. 2. Expense (Operating Expense) -Definition: Expenses refer to short-term costs incurred in the day-to-day operations of a business. These costs are necessary to maintain the ongoing operations and are typically consumed within the accounting period (usually a year). -Examples: Rent, utilities, wages, office supplies, marketing expenses, and maintenance costs. -Accounting Treatment: Operating expenses (OpEx) are recorded on the income statement and are fully deducted in the period they are incurred. They reduce the company’s net income for that period. -Purpose: To cover the regular, recurring costs associated with running the business. Key Differences: -Duration of Benefit: Capital expenditures provide long-term benefits, while operating expenses provide short-term or immediate benefits. -Accounting Treatment: CapEx is capitalized and depreciated over time, whereas OpEx is expensed immediately in the period they occur. -Impact on Financial Statements: CapEx affects both the balance sheet (as assets) and the income statement (as depreciation), while OpEx only affects the income statement.

Good evening Masterminds, The remaining four sessions of our pilot program have been scheduled! Use the links below to confirm your participation.... You are invited to a Zoom meeting. When: Weekly on Tuesdays from 6:00PM - 7:15PM Eastern Time (US and Canada) Register in advance for this meeting: (August 13th - Week 3 - Project Roles/Project Kick Off) https://us06web.zoom.us/meeting/register/tZwtcuivqDwoGdAaMg488VWQHysI5GtVM4DP Register in advance for this meeting: (August 20st - Week 4 Project Financials) https://us06web.zoom.us/meeting/register/tZwtcuivqDwoGdAaMg488VWQHysI5GtVM4DP Register in advance for this meeting: (August 27th - Week 5 Project Execution and Monitoring) https://us06web.zoom.us/meeting/register/tZwtcuivqDwoGdAaMg488VWQHysI5GtVM4DP Register in advance for this meeting: (September 3rd - Week 6 Conducting Project Reviews) https://us06web.zoom.us/meeting/register/tZwtcuivqDwoGdAaMg488VWQHysI5GtVM4DP After registering, you will receive a confirmation email containing information about joining each meeting.

Happy Sunday Everyone! All scheduled 1:1s are complete and I am preparing to make the final selections for those moving forward with the "Case Study Program". It was an honor to learn more about your career aspirations and where you would like this experience to lead you! I do have one final request from everyone who scheduled time with me. Please reply to the question below in relation to securing a role in project management industry. This will ensure I have everyone's responses captured correctly from our 1:1s. Question: My greatest strength is.......?

Would this be a type of project that a PM would handle?

Hey everyone! 🌟 We’re excited to introduce the points and gamification system in our Skool community, designed to make learning and engagement more fun and rewarding. Here’s how it works: 🏆 Earning Points: - You earn points when others like your posts, comments, and replies. Each like equals 1 point. - The more quality content you produce and the more you interact with the community, the more points you’ll accumulate. 📈 Levels and Progression: - As you earn points, you’ll level up. Your current level will be displayed in front of your name and on your profile. - Check out the leaderboards to see how you stack up against other members and get a preview of which courses unlock at certain levels. 🔓 Unlocking Courses: - We’ve set specific courses to unlock at different levels to encourage participation and continuous learning. Here’s a quick breakdown of the point requirements for each level: 📊 Group-Specific Levels: - Your level is specific to each group you join. If you join a new group, you’ll start at Level 1 in that group. We’re looking forward to seeing your active participation and the amazing content you’ll share. Let’s make the most of this gamified experience and grow together! Happy learning and engaging! 🎉 #SkoolCommunity #Gamification #LearningJourney #EarnPoints #LevelUp