Tuesday, February 4, 2014

Entrepreneur Bio: Jeff Bezos

By Franklin Skribbit


In films you always see the Special Forces FBI agents portrayed as handsome, leading men, while the computer geeks stay inside with their glasses and their calculators computing how much time there is until the end of the world. As you might have guessed, this is not really the case in real life. Those computer geeks are actually forensic accountants, trained to track numbers to bust criminals for stealing enormous sums of money.

However, one of the key aspects to starting a business is understanding how important a good start is. Those who start their own businesses often feel pressure to succeed and hit sales quotas because they know that without a strong start, there is a high probability that their new business will fail. If you are planning on starting your own business, read through these tips to make sure your business has a chance.

Anyone who is planning on starting their own business who has done the least bit of research has heard the importance of having a good business plan. And the truth is that this point cannot be reiterated enough.

After you graduate, you will have to take ethics courses, the Uniform Certified Public Accountant Examination, a best practices exam for your state, an oath, and work supervised for a defined period of time in order to become a Certified Public Accountant (CPA). This process typically takes a year and can be done while simultaneously working.

While you may feel like your business has great potential, you need to make sure that others feel the same way about your products or services. Take the time to talk to other people and establish (first of all) if anyone is interested in what your business would offer.

The recent Supreme Court ruling that exempted online retailers from having to collect sales taxes from states where they did not have a physical presence caused his to move to Washington, since the lower population would reduce the amount of people that would need to pay sales tax.

Now that you have passed all of these exams, you can list all of your degrees, titles, and experience on a comprehensive resume that you will give to as many potential employers as possible. Hopefully at this point you have honed your skills as both an accountant and a researcher.

Instead, prepare yourself for the adventure by talking to friends or acquaintances who have started businesses themselves.

They can help you know what steps you should take and how to avoid mistakes that they made during their own experience. More than anything else, it helps to build a support network of people who know what you will be going through and how to help. So don't be shy, ask around.




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