#Startup Quotes for Starters is an interesting compilation of the innumerable quotes strewn over the internet especially for the starters. It is always better to follow the foot steps of successful people because they would be the “Enlightened Masters” of the challenges and hurdles on the road to success. #Startups has become a “Buzz Word” in the business environment and the very word “startup” can get your tweets more favorited. The very purpose of a startup is to bring an innovative idea into reality- be it a tech or a service based startup. I hope to inspire the fresh set of startup #entrepreneurs with the following quotes right from Thomas Alva Edison to #Larry Page. Get Inspired and Keep Going… 1. “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” – #Mark Twain 2. “When you find an idea that you just can’t stop thinking about, that’s probably a good one to pursue.” – Josh James, Omniture CEO and co-founder 3. “If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things will play out.” –Mark Zuckerberg, Facebook founder 4. “There’s lots of bad reasons to start a company. But there’s only one good, legitimate reason, and I think you know what it is: it’s to change the world.” –Phil Libin, Evernote CEO 5. “User experience is everything. It always has been, but it’s undervalued and underinvested in. If you don’t know user-centered design, study it. Hire people who know it. Obsess over it. Live and breathe it. Get your whole company on board.”–Evan Williams, Co-Founder, Twitter 6. “A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”  –Winston Churchill, British Prime Minister 7. “What do you need to start a business? Three simple things: know your product better than anyone, know your customer, and have a burning desire to succeed.”  –Dave Thomas, Founder, Wendy’s 8. “Don’t take too much advice. Most people who have a lot of advice to give — with a few exceptions — generalize whatever they did. Don’t over-analyze everything.  I myself have been guilty of over-thinking problems. Just build things and find out if they work.” – Ben Silbermann, Pinterest founder 9. “We are really competing against ourselves, we have no control over how other people perform.” – Pete Cashmore, Mashable founder and CEO 10. “I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.”  –Jeff Bezos, Amazon Founder and CEO 11. “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”  –Steve Jobs, Co-Founder, Chairman and CEO, Apple 12. “No matter how brilliant your mind or #strategy, if you’re playing a solo game, you’ll always lose out to a team.” –Reid Hoffman, LinkedIn co-founder 13. “If you take a good idea and great execution, you will get much farther than taking a great idea with poor execution.” – Rohini Chakravarthy, Inksedge 14. “Invest in startups. Your college network can be very effective in finding them.” – Ankit Gupta, Pulse 15. “As a startup CEO, I slept like a baby. I woke up every 2 hours and cried.” – Ben Horowitz,Co founder, Opsware 16. “Best startups generally come...

What Does a Career in Accounting Demands for? Are you vying for a career in accounting field? Everybody envy accountants for there is a misconception that they are Demi-Gods. Though a good accounts manager can act like one who can save you from a dire situation by manipulating the accounts skilfully, the demands and challenges in this field are too high to be savored. Purchase Your Copy of “Careers with a Degree in Accountancy and Finance” at Gumroad  So what does it take to become a reputed accounts man in your circle and also enjoy what you do! Self analysis is the best way to understand what you really want to be. There are certain traits characteristic to people belonging to this community. See if you are gifted with those attributes; if not, you can always train yourself to gain expertise. 1. Are you good at numbers– Mathematics, Yuck! If this is your reaction please quit reading this article as numbers play an integral role in accountancy. Figures, Figures and more Figures determine the profit and loss status of a company. If you are passionate about playing with numbers it goes without saying you are already a half accountant. The thrill of taking control and handling numbers make or break a company. Jackie Mansion jocularly puts it – “Did you ever hear of a kid playing accountant – even if they wanted to be one?” 2. Are you a good listener and can you read between the lines? A good auditor will allow the client to talk and listen to what he says. Then he tries to extract the exact kind of information he needs to make the ends meet. Empathy is an innate quality and if you are not going to be a good listener then please revise your consideration of becoming an accountant. Sometimes the client may not know what you wish to seek; it is your responsibility to frame simple questions in a language that he understands and pull out answers. 3. Can you avoid being temperamental? 90% of the time your clients are going to say “No” to whatever you suggest. Alas, it is not their fault; the corporate Bosses and CEO’s always aim big and most probably will not be aware of the consequences of their impulsive actions. They always think about clinching a deal and conveniently overlook the effects of their financial and corporate decisions on the account and subsequently on the accountant. For example cash has to be handled very carefully and every penny has to be accounted for properly.  A bank cashier will know the importance of cash handling as it is very important for them to balance the inflow and outflow at the end of the day. For corporate firms, it becomes mandatory to reduce the cash dealings and account every transaction in the form of a check or electronic transfers like RTGS or NEFT or EFT. The point is, you should have the nerve to talk to a company’s head if he is planning for a bad move and suggest what could be done for the good of the company (Income tax and Sales purposes). 4. Are you wise when it comes to choosing clients? Whether you are a part time practitioner, Full time accountant, Accounts manager or Free lancer, do your homework before accepting the offer. Ultimately you need to see your payments coming through and nobody works here for a song. Big practitioners take a big cut half yearly or annually but if you are a part time accountant, it is always better to go for monthly payments or get paid after the completion of individual project s....

Start Your Own Business Questions to ask before starting a business in 2015 While you can’t prepare yourself for every aspect of the entrepreneurial lifestyle, here are six important questions to ask before you quit your day job and dive in: What’s your motivation? How developed is your business savvy? How thick is your skin? Do things need to be perfect? Are you willing to get your hands dirty? What’s your financial situation? The problem is that wanting to be the boss or make lots of money generally aren’t viable reasons for launching a business. A true entrepreneur starts a business in order to improve people’s lives and contribute value to the world. What’s your business idea? Are you solving a common pain point or making someone’s day better? The drive to add value will sustain you when times are tough. A great product idea isn’t always enough to make a great business. Just because you develop something cool doesn’t mean that customers will instantly bang down your door to buy. When you are passionate about what you do, it is hard not to take criticism personally. And yes, it sucks to get a bad press review, rejection from an incubator program or negative feedback from customers. However, bad news and rejection are part of the game, and you can’t afford to dwell on the negative or take anything personally. When you work at a company, you can call someone else when your email isn’t working, you run out of printer ink or you need to set up a customer event. However, in the very early stages of your startup, you will typically need to handle most of these activities yourself, from tech support to sales to IT. Depending on your business type, it can realistically take anywhere from six months to six years to build out your business, gain traction and turn a profit. You need to ask yourself if you have both the patience and financial situation to weather this kind of time frame. NELLIE AKALP Want to be Your Own Boss? If you have always wanted to be your own boss, there has never been a better time to start your own business and make 2015 your most fulfilling year yet. Instead of talking about taking the next step, why not set yourself a timescale and think about some key decisions, spend time developing your idea and see if your business ambitions are truly viable. Before you do anything else, you need to be really honest with yourself and ask: am I truly cut out to start my own venture? You need to be calm, clear-headed and rational. When thinking about starting a business, passion and enthusiasm are essential but you need to think with a business mind at every stage. You have to take a step back and try to be non-emotional when deciding if you’re ready to go it alone. Try and look at it in the same way you would if you were advising someone else. The best advice I can give is to essentially interview yourself. Would you back yourself to lead a company? Make sure you seek as much expert outside advice as possible: it’s no good asking the opinion of a friend or family member if they have no idea about your sector. Seek advice from others in your industry. Businesses that have mentors are far more likely to still be trading after five years than those that don’t. James Caan 18 Ways to Sink Your Startup Successfully building a startup can feel like the sort of thing that requires planets aligning. Screwing up a startup, however, is incredibly simple. Some entrepreneurs...

Startup Business Plan for a Restaurant The success of any business, start with a good and efficient plan and this is true in the case of food service trades like restaurants. Generally, Startup food business planning for a restaurant should begin with an executive summary, which will give a summary or overview of the entire business plan. This can act as a blueprint towards guiding entrepreneurs from the initial stages to the first 3-5 years of operation. This plan will document each and every detail about the operation of the restaurant. We find the following article comprehensive and resourceful on “Great ideas for your restaurant.” Source: ALSCO.COM … Read on… http://www.alsco.com.au/2017/02/restaurant-business-plan-strategies/ Executive summary: When a professional Food service franchise business consultant is asked, the professional will suggest that the executive summary will identify how much financing will be needed to begin with the operations. It will also specify the funding needed until the food business begins to show up profits. Experts are of the opinion that income projections for the first three to five years should also be present in this summary. This part should also encompass a description of the proposed restaurant that identifies the unique aspects of the operation. Another great post on “Starting a Coffee Shop“, by Anna Kucirkova brings you concrete ideas needed to open a comfy coffee shop to rake in profits. Starting A Coffee Shop? Here’s What You Need To Know Restaurant Marketing – The Basics Concept: Professional food service franchise business consultant will also suggest that the concept, theme and the type of cuisine to be served in the restaurant and the important components that should be documented in detail in the food service startup plan. Here, the location of the restaurant should be identified. Startup expenses: In the process of startup food business planning, it is important that appropriate plan must be documented for anticipated expenses. Generally, there will be startup costs associated with the establishment of the restaurant and it will of course include one-time expenses like purchase of furniture, commercial kitchen equipment, building alterations and initial construction. In addition, other startup expenses include glassware, table linens, theme-compatible table settings, etc… Apart from these expenses, there will be administrative costs like permission from health department, business licensing fee, etc… Budgets: When it comes to preparing budgets, the costs for initial setup should be identified. Here, both fixed and variable expenses should be identified. Fixed expenses include those that are the same each month like lease payments. Variable expenses include regular menu items, whose cost will vary as per season. There are professional consultants, who can help people planning to start any type of food-related trades like a food truck business. They can give the appropriate suggestion for framing a food truck business plan. They are of the opinion that the some of the above-mentioned items like budget and startup expenses should be included in the process of the food truck business plan. Related Posts: The Viability of Running a Restaurant  What is a Startup Cost? Article Source:  Startup Business Plan For A...

Who are Effective Entrepreneurs? Entrepreneurship according to me is a mindset rather than something to be learned or taught at school. You have to have a passion that will drive you to explore the limitless boundaries your dream can offer. 15 Unique Characteristics of Effective Entrepreneurs Having said that, the next question is, are dreams and passions sufficient enough to transform yourself into an effective entrepreneur? Ofcourse, not! The business operations know-how , networking, chance and luck are other factors that breeze into when talking about entrepreneurship. By chance, I mean to say the risk taken by the enrepreneur at the right time. 👨‍💼💰📈 It is definitely not fun being an entrepreneur. It takes lot of hard work and grit to taste success. Want to know how to reach your goals when you venture into business?! #success 👏 #business 👏 #smallbusiness 👏 Follow this link to The Small Business Startup Checklist Guide 💶💼💵 Watch this interesting video that enlists the anatomy of an entrepreneur! The Top 10 World’s Richest Entrepreneurs 💸 While many entrepreneurs would say money isn’t important, many others want to get rich. If the path of other famed entrepreneurs is any judge, you may have made the right career choice. Here is the latest list of the world’s top 10 richest persons, As of July 19, 2022. Take a look… Elon Musk: $230.4 billionBernard Arnault & family: $148.5 billionJeff Bezos: $139.5 billionGautam Adani & family: $114.5 billionBill Gates: $102.4 billionLarry Ellison: $96.8 billionWarren Buffett: $96.0 billionLarry Page: $94.5 billionSergey Brin: $90.9 billion Mukesh Ambani: $88.3 billion Info Courtesy: ceoworld.biz 💸 Persistence is key to succeeding, entrepreneurs often say. Whether you just need a little boost, or feel the weight of the world on your shoulders, persistence quotes can provide the spark to get your mojo back. Everyone experiences setbacks, delays and obstacles. But many famous entrepreneurs point to one thing that made a difference in their careers. They kept going. They fell down, got up, dusted themselves off, and tried again. Info Courtesy:...