Tahem @tahem_verma Twitter profile

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Tahem

1 month

Announcing the first ever Agent Store for Accountants AI 🤝 Accounting How do accounting teams handle 2x the clients without compromising quality? They use mesha’s agent workflows. 👇

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Tahem

@tahem_verma

1 year

From Wall Street Darling to Financial Disaster. From $85 to 50 cents a share. This isn't a movie plot. It's the jaw-dropping saga that shook Wall Street. A tale of ambition, hubris, and devastation 🧵

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Tahem

@tahem_verma

1 year

Running a small business can be hard and because of large taxes you might feel like you can never get ahead. Don’t fear. These 5 small business tax tips will save you money and time when you need it most 👇

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Tahem

@tahem_verma

1 year

Accounting can be difficult. There are lots of terms, deadlines, and complicated calculations. To make it easier for you, here are 7 complex accounting terms you see daily and what they mean. 👇

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Tahem

@tahem_verma

1 year

72% of small businesses can't get a handle on their business finances. Don't become another statistic. Neglecting budgeting and forecasting leads to - Rising debt - Lack of control - Financial disaster - Missed growth opportunities Want to know more? Keep reading 👇

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Tahem

@tahem_verma

1 year

Leadership is not about being in charge. It's about taking care of those in their charge. This crucial difference is often overlooked and can transform your team's performance and satisfaction👇

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Tahem

@tahem_verma

1 year

ChatGPT can transform accounting for a company. This is where accounting meets AI, and it can leave traditional methods in the dust. Let me show you how. 👇

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Tahem

@tahem_verma

1 year

Everyone wants to be an exceptional leader. But 99.9% don’t know how. Here are the 7 crucial traits that separate great leaders from the rest. These insights will transform your leadership skills and unlock your full potential 👇

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Tahem

@tahem_verma

1 year

When you play the blame game as a leader it can cause: 1) Fear 2) Low morale 2) Resentment 4) Poor performance A simple shift in mindset can transform all these and make everyone own their mistakes, learn and grow from them. 👇

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Tahem

@tahem_verma

1 year

Mistakes are inevitable in an organization. It all boils down to how the leaders handle team mistakes. Here are 5 proven strategies to handle team mistakes effectively and turn errors into opportunities.

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Tahem

@tahem_verma

1 year

4 Common Mistakes New Leaders Make A Visual 🧵

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Tahem

@tahem_verma

1 year

Journaling can be the most powerful form of self meditation. Use it to your advantage

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Tahem

@tahem_verma

1 year

New leaders are timid to give feedback. Don’t be. Great employees appreciate it.

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Tahem

@tahem_verma

1 year

Most struggle to step up as leaders Feeling overwhelmed and unsure about how to lead effectively. But there's hope. Here are 7 key qualities of successful leaders, and learn how to cultivate these traits in yourself (You might want to bookmark this)

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Tahem

@tahem_verma

1 year

I see too many business owners using a 'set it and forget it' mindset with accounting A good accountant can be a partner in your growth

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Tahem

@tahem_verma

1 year

DO NOT IGNORE TAXES. It’s better to be proactive than to be hit with a tax penalty.

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Tahem

@tahem_verma

1 year

Leadership has a new rulebook It's no longer about Positional power Technical expertise Domain Information Here are 4 qualities/traits of today’s successful leaders 👇

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Tahem

@tahem_verma

1 year

Quickbooks is the worst dominant software in any industry. Can't even think of any other software that has such a huge monopoly vs quality

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Tahem

@tahem_verma

1 year

Our brains are hardwired for emotional responses to every decision we make. Most people overlook the role of emotion in leadership. Want to be a leader others want to follow? Let me show you how 🧵 (You might want to bookmark this)

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Tahem

@tahem_verma

1 year

Always aim to delight your customer. It generates more revenue. AND a delighted customer inspires your team far more than anything

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Tahem

@tahem_verma

1 year

The gap in effective communication One of the big three gaps that frequently prevents a senior leader from achieving the most important leadership objective Do these 5 things and become more effective in communication 🧵

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Tahem

@tahem_verma

1 year

Accounting and Bookkeeping are not the same thing. You need both. Invest in both early.

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Tahem

@tahem_verma

2 years

@schrep curious to hear if any of the senior leadership has had any introspection on what they've built this is a product that has resulted in people dying, democracies being weakened etc. is the prevailing sentiment 'we cant control what people do' or 'we made money so whatever'

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Tahem

@tahem_verma

1 year

Entrepreneurs & Startups, Assemble! 1) Cash Method - Simple and Easy 2) Accrual Method - More Accurate Which is the best method for your business? 👇

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Tahem

@tahem_verma

1 year

Self love isn’t selfish. It is essential for personal growth and development. You are enough. Practice self-love and you will become the best version of yourself.

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Tahem

@tahem_verma

1 year

Don’t just discuss goals. Set them out, and achieve them.

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Tahem

@tahem_verma

1 year

applications to open roles skyrocket every monday morning its almost as if people login to work, see the first email and are like 'nope i need to quit'

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Tahem

@tahem_verma

1 year

Small business owners should not do their own bookkeeping. A great accountant can make all the difference.

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Tahem

@tahem_verma

1 year

Want to lead effectively? Be anchored in your value beliefs convictions This is very important in a world where there are a lot of external influences

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Tahem

@tahem_verma

1 year

Overlooked part of accounting. Data protection. Always look after your data.

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Tahem

@tahem_verma

1 year

Yes, finance doesn’t directly contribute to revenue. Yes, finances are a headache to deal with. Yes, it’s a non-ROI activity. But It can kill your business if not taken seriously.

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Tahem

@tahem_verma

1 year

I’ll be honest, selling my company was difficult. I used to have major imposter syndrome and I didn’t believe in myself. But when I used these 9 tricks I was able to: - Grow my business - Scale my team - Live life happier

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Tahem

@tahem_verma

1 year

It is a shitty feeling when your balance sheet isn’t balancing. Balance sheet mistakes can cost businesses millions each year. 99% of professionals don't even realize they're making it. Here are common balance sheet mistakes and how to mitigate them. 👇

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Tahem

@tahem_verma

1 year

Modern CEOs focus on raising their employees up, not putting them down.

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Tahem

@tahem_verma

1 year

One of the most costly mistakes you can make when starting a business is not hiring a lawyer

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Tahem

@tahem_verma

1 year

Feedback is so important. How you deliver it is sometimes even more important. Your feedback must be: Concise Consistent Honest

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Tahem

@tahem_verma

1 year

Keeping an open mind towards new opportunities is the first step on your journey of self-growth.

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Tahem

@tahem_verma

1 year

Constantly share your company's vision. It aligns and inspires all your teams. Give your employees purpose, and they will outperform.

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Tahem

@tahem_verma

1 year

From sitting on a toilet for 50 hours to raising $30 million. Lets unclog the story of Who Gives a Crap 💩

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Tahem

@tahem_verma

1 year

Did you know that double-entry accounting, introduced by Luca Pacioli in 1494, is still the foundation of modern accounting practices? Imagine what you can create today that lasts forever.

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Tahem

@tahem_verma

1 year

@shaunmmaguire love it when someone tells me that the reason i dont like a man who has peddled racist theories against people who look like me is because i havent watched enough of his content

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Tahem

@tahem_verma

1 year

Listen to what problems your target audience is facing And THEN build a product that helps solve it.

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Tahem

@tahem_verma

1 year

I see a lot of founders shy away from getting their books in order because it seems overwhelming. Consider it a priority from day 1. Success will compound from starting this early.

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Tahem

@tahem_verma

1 year

Keeping your budget stable can be the difference between staying in the red and staying in the black.

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Tahem

@tahem_verma

1 year

Inevitably Your success will come down to your ability To resist shiny object syndrome. Focus.

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Tahem

@tahem_verma

1 year

Get the peace of mind knowing your accounting is taken care of by a professional. -Sleep better at night -Be more productive during the day -Make a lot more money

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Tahem

@tahem_verma

1 year

Hidden Truth: Leadership isn't about being in charge. It's about taking care of those in your charge. True leaders inspire, empower, and serve their team, not command them.

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Tahem

@tahem_verma

2 years

1/ Soulbound tokens (SBTs) are gonna change the game There are so many use cases 👇

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Tahem

@tahem_verma

1 year

Underrated accounting necessities: -Cash flow management -Depreciation write off methods

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Tahem

@tahem_verma

1 year

Every entrepreneur who ever built a successful company Has one quality in common Good Leadership skills. Here are my 3 principles to become a good Leader 🧵

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Tahem

@tahem_verma

2 years

1/x The mesha Principles We are a team of leaders, both at work and outside. These 11 principles define what it means to be part of mesha . 👇

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Tahem

@tahem_verma

2 years

1/ The most common criticism of DAOs is that they aren't scalable. DAOs don't need to be scalable. For most DAOs, what matters most is community. And the best communities are intimate with vibrant intra-networks, and usually not filled with 10m members.

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Tahem

@tahem_verma

2 years

your first metamask transaction

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Tahem

@tahem_verma

1 year

@sarthakgh @immad This stands to reason given the size of the textile export industry in the country

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Tahem

@tahem_verma

2 years

probably nothing

mesha

@meshaclub

2 years

NEW FEATURE 🚨 We’re so excited to announce that NFT Renting is now available on Mesha 🤩 Securely rent out your NFT and earn passive income, for your DAO or yourself, right here on Mesha! 🤑 Start renting your NFT today on 👉

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Tahem

@tahem_verma

1 year

Bernie Madoff, founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, orchestrated an elaborate Ponzi scheme involving thousands of investors over a period of decades. The estimated total that investors lost was $65 billion in principal, with individual

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Tahem

@tahem_verma

2 years

(1/x) Thinking of becoming a founder? I've picked up a few life lessons and bruises along the way. As a two-time founder, here are some tips for first-time founders 👇

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Tahem

@tahem_verma

1 year

Loved chatting with @George_harrap Thanks for having me on 🫶

The Next Billion Podcast | NEW EPISODE Out Now!

@The_NextBillion

1 year

Ep 20 is here! Discover how @meshaclub is helping solve nightmares of the fin-ops. @George_harrap & @tahem_verma also discuss how multi-sig wallets are crucial for #Web3 & the way forward for mesha. Dive into the ep here -

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Tahem

@tahem_verma

2 years

36k feet in the air and the first thing I tell someone? Web3 is the future. Preach no matter how high or low.

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Tahem

@tahem_verma

2 years

Y'all i can finally use UPI

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Tahem

@tahem_verma

2 years

guys its 2023 please stop listing 'MS Office' in skills in your resume

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Tahem

@tahem_verma

2 years

(1/x) November was a difficult month for crypto but the best ships are built for the roughest storms Here's everything we pushed out at @meshaclub 👇 1. Corporate expense cards - offramp your crypto easily. Spend in fiat, pay back in crypto 2. Solana! Powered by @SquadsProtocol

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Tahem

@tahem_verma

2 years

twitter threads really be like I started a $10m business. Here are 10 secret websites to use: 1. Google 2. LinkedIn

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Tahem

@tahem_verma

1 year

Someone just applied for a job with us using a cover letter written by ChatGPT And accidentally included ChatGPTs summary of 'You are not qualified for this role'

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Tahem

@tahem_verma

1 year

Statement of Cash Flows Summarizes the movement of cash and cash equivalents that come in and go out of a company. Measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses

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Tahem

@tahem_verma

2 years

gm from dilli @hackerhouses

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Tahem

@tahem_verma

1 year

EBITDA EBITDA = Earnings Before Interest, Taxes, Depreciation, & Amortization. Sometimes used as an alternative metric to earnings, revenue, and income. Helps focus on the outcome of operating management decisions by removing the impact of things such as tax rates & interest

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Tahem

@tahem_verma

1 year

Inventory Valuation Used by companies to find out the value of unsold inventory Inventory is an asset for a company, and to record it in the balance sheet, it needs to have a financial value This can can help you determine your inventory turnover ratio (for a future thread)

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Tahem

@tahem_verma

1 year

Managing finops is a hassle for most teams so we've added ramp cards to mesha You can now manage your crypto + corporate expense management program with one app Save time. Simplify accounting. Focus on building.

mesha

@meshaclub

1 year

Today, Organizations using @tryramp will now be able to manage their corporate cards from the Mesha Dashboard 💳 Issue cards, track spending, and simplify accounting.

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Tahem

@tahem_verma

2 years

figma has become slower since the adobe news source: my feelings

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Tahem

@tahem_verma

1 year

Present Value Present value (PV) is the current value of a future sum of money or stream of cash flows Present value takes the future value and applies a discount rate or the interest rate that could be earned if invested.

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Tahem

@tahem_verma

2 years

(2/2) If your team is building on Sol or have had funds frozen on FTX: 1. @meshaclub is waiving fees for our paid services 2. We'll help you migrate to self-custody (powered by @SquadsProtocol ) 3. We're extending credit to help teams meet any near-term obligations

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Tahem

@tahem_verma

3 years

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Tahem

@tahem_verma

1 year

Goodwill Goodwill is an intangible asset (aka its a bit funky 🙃) Items included in goodwill are proprietary or intellectual property and brand recognition, which are not easily quantifiable.

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Tahem

@tahem_verma

2 years

✅markets in freefall ✅bluechip NFT project imploding ✅UST depeg ✅ @meshaclub churning out game changing features the best ships sail through the storm

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Tahem

@tahem_verma

1 year

At the start of 2001, Enron was the envy of all 30,000 employees Annual revenue of $100 billion. But by the end of the year, it held the title of biggest bankruptcy of all time. How did they go from Fortune’s most innovative company to bankruptcy in just a few months?

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Tahem

@tahem_verma

1 year

If you enjoyed this thread please LIKE the top tweet to help more people out Thank you, and see you soon 🫶

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Tahem

@tahem_verma

1 year

Fair Value The estimated price at which an asset is bought or sold. Fair value is a measure of an asset's worth and market value is the price of an asset in the marketplace.

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Tahem

@tahem_verma

1 year

Awesome work by the @meshaclub team You can now login to your bank account and manage both your fiat AND crypto finances Get a real time overview of all your cash 🧐 Initiate payments 🚀 Simplify accounting 🫡 Supporting US, Canada, EU, UK and Singapore 🔥

mesha

@meshaclub

1 year

mesha now supports Mercury + 10,000 banks Mesha’s all-in-one dashboard lets businesses aggregate all their financials, from web3 wallets to banking to payroll. With a few simple clicks, manage your fiat financial ops without having to leave the mesha dashboard.

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Tahem

@tahem_verma

1 year

This accounting strategy means a company can adjust the value of assets on the balance sheet to its fair market value and capture the difference as revenue. A strategy that catapulted Enron's stock from around $10 to $85!

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Tahem

@tahem_verma

1 year

As the disparity between booked revenue and actual cash inflow increased, cracks started appearing. Media scrutiny led to insider trading. In 2001, the House of Cards collapsed. Enron declared bankruptcy, and its stock went from around $88 to 50 cents. But who was responsible?

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Tahem

@tahem_verma

2 years

super bullish on intersection of DAOs+content one of fandom's biggest issues has been the unequal benefits distribution - fans provide the $ and passion, and corporations milk this w/o any respect for canon, what made it great in the first place etc

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Tahem

@tahem_verma

1 year

I guess VCs finally got their wish and disrupted banking

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Tahem

@tahem_verma

2 years

@rex_woodbury @jean_twenge I wonder if added to this is the fact that phones also let people stay in touch with friends who are no longer in the same city

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Tahem

@tahem_verma

1 year

It wasn't just Enron's management. The auditor, Arthur Andersen, played a part. Arthur Andersen was one of the big five accounting firms. Their involvement in the Enron scandal led to a massive erosion of public trust. And eventually, they went out of business.

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Tahem

@tahem_verma

2 years

(1/2) Over the past weekend, I was blown away by the energy of the community at @SolanaConf Breakpoint We're new to the community, but we're here to stay. The @meshaclub team is here for y'all, and we'll be doing anything we can to help every team 👇

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Tahem

@tahem_verma

1 year

Despite the flawed business model, Enron's stock was irresistible to investors. With sky-high revenue growth and an appealing debt-to-equity ratio. Enron seemed like a goldmine to investors. But then The once-thriving stock began a nosedive.

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Tahem

@tahem_verma

1 year

Enron's doom wasn't overnight. It was a result of this audacious accounting technique Mark-to-Market that was approved by the SEC in 1992! What does this do? The technique allowed future projected revenue to be booked today.

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Tahem

@tahem_verma

1 year

Fast forward to 2000. Enron inked a deal with Blockbuster for a video-on-demand service. Being optimistic about this partnership, they booked future profits as current revenue. But there was a problem. The technology for streaming wasn't there yet.

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Tahem

@tahem_verma

1 year

Enron was born out of a merger in 1985 between Houston Natural Gas and InterNorth Inc. The CEO of the merged entity was Ken Lay, who later hired Jeff Skilling. Jeff Skilling was no ordinary executive. He crafted the mark-to-market accounting technique.

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Tahem

@tahem_verma

1 year

Amortization The accounting method for spreading out the costs for the use of a long-term asset over the expected period the long-term asset will provide value. Amortization expenses account for the cost of assets (like computers) over the lifetime of their use.

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Tahem

@tahem_verma

2 years

There are two constants in life: 1) Large Silicon Valley company run by Indian-origin CEO ✅ 2) Financial fraud scheme involves at least 1 person of Indian-origin ✅

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Tahem

@tahem_verma

2 years

how many more 🧵 about FTX & Binance are we gonna get I'll pay $8 a month just to avoid this

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Tahem

@tahem_verma

1 year

One of my favourite tools on @meshaclub is being able to get real-time insights into your financial stack with simple queries "List my most expensive vendors last week" mesha is global. So if you're a team in the US or EU or India or UAE or Singapore - this works for you :)

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Tahem

@tahem_verma

2 years

didnt pack enough clothes for this winter

Tahem

@tahem_verma

2 years

2020: defi summer 2021: jpeg summer 2022: winter

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Tahem

@tahem_verma

2 years

Linkedin newsfeed definitely has the most garbage of all newsfeeds

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Tahem

@tahem_verma

2 years

1/x Running a web3 company on Solana? Here are some amazing tools to use to manage your finances 👇

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Tahem

@tahem_verma

1 year

@meshaclub April lookback 1. Corporate cards rolled out globally - 100+ countries supported 💳 2. Fiat banking integration for 10,000+ banks 🏦 3. Ramp corporate card integration ✅ 4. Improved NFT royalty accounting 📒

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Tahem

@tahem_verma

1 year

Prioritize Self-Care Take care of your physical, mental, and emotional well-being. Make time for exercise, proper nutrition, quality sleep, and activities that recharge you.

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Tahem

@tahem_verma

1 year

Enron's bankruptcy resulted in the loss of 20,000 jobs and $2 billion in retirement funds, with executives facing prison sentences.

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Tahem

@tahem_verma

2 years

Just made a mass payout with @meshaclub ✅Paid multiple addresses in one transaction 😍Created a contact list to fetch addresses in one-click 💰Saved gas fees 🙏Saved TIME - I saved at least 10 minutes by doing one single transaction I mean, cmon yall

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