Monday, November 3, 2008

Best Tips for Starting Out On a Business Career

Business is not as easy as you might think. I realize that most of the people think that business is easier than job. However you must know that as far as job is concerned you take burden only for 9 to 10 hours and for only five days per week. Can you believe how much effort is required to start your own business? I tell you it's really more hectic than jobs.

Educational priority for businessmen:

There is generally no educational priority for the business career. However I will really emphasize on MBA because MBA is the only course which impart business skills. You can directly join by doing BBA and then MBA. However I feel that you will be better equipped if you pass an engineering course and then do MBA. However you cannot expect so much of patience from businessman.
Those who have there family well settled in some sort of business are best blessed by god. Their job is quiet easy since they don't need to establish their business. They are just required to manage it. You can go across the New York streets and you will find number of businessman with their outlets which are well established. The problem lies only for newcomers who had to first establish their business and then also maintain it.

One thing is for sure and that is to establish your own business you will require a huge amount of money. This is really not an issue if you are from a rich family. But if you are not then I really feel that you should go for some sort of jobs for at least two or three years. Once you are financially well established you can look for your own business.

You cannot be sure that your business will be a success. You can taste failure as well. You should not really be surprised. However if you succeed then you will be surely able to provide jobs for at least three or four persons. Why not? you will need a chartered accountant. How can you work without him? You will have to be a regular tax payer then. And you will really like to save taxes and who can do this job properly? It's none other than chartered accountant. You will also be required to be smart. For example if you establish your consultancy firm then you will need to show your sharpness otherwise nobody will pay your fees which s really a sort of commission for them.

Make sure what ever you do, you do with full confidence. If you will not be confident then you will never succeed. And if you want to succeed you will always have to come up with smart moves.

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