User Power
Value/Post Ratio
160%
- Jun 3, 2015
- 2,073
- 3,314
I'm currently 15 year old in high school, in Australia and I just read all of MJ's books. I'm kinda asking myself the practicality and the usefulness of the lessons they teach in school, the concepts they teach in school don't seem practical or useful when I have a business to me. I always ask myself, "How can this help me" & "Why am I learning this" and see if this can help me in life. I also stress myself with confirming the lessons they teach as I like to think for myself and want to get the answer from myself rather than someone else.
I want to start a business but am concerned about accounting as I heard that it's crucial to learn accounting and it's the first thing an entrepreneur should learn. I was wondering should I learn accounting before I start a business?
I also moved in my new home recently so I'm not recognized by my community so I was also wondering how to get my new community to recognize me?
(I'm 15, so please correct me if I'm saying/doing something BS, would appreciate the wisdom from this forum )
TLDR;
Should I learn accounting before I start a business?
How to get my new community to recognize me?
No, you don't need to learn accounting unless you want to become an accountant. You just need some basic principles, how to work out profit & loss, cashflow, budgets, etc.
If you want to know how to use a spreadsheet and do basic business accounting, join Udemy or similar and take a cheap $20 course.
The biggest skills you can learn right now are how to identify a problem, how to research effectively, how to market and sell your product/service.
Not sure about your next question, recognised for what? Just get out there and meet people I suppose.