Things No One Told Me in Things No One Told Me in University About BusinessUniversity About Business
By: Marc BelaicheBy: Marc Belaiche
PresidentPresident
TorontoJobs.caTorontoJobs.ca
About an (Accounting) About an (Accounting) EDUCATION.....EDUCATION.....
Degree/DiplomaDegree/Diploma
Professional Professional DesignationDesignation
Stay in touch with your Stay in touch with your friends/classmatesfriends/classmates
Learn as much as you Learn as much as you can about Accounting can about Accounting and Businessand Business
It’s what you do after It’s what you do after education that matterseducation that matters
About WORK......About WORK...... Keep Resume Up-To-Keep Resume Up-To-
DateDate
Show your interest in Show your interest in work to get promoted! work to get promoted! Do more than what is Do more than what is minimum!minimum!
No job is perfectNo job is perfect
Seek guidance/mentorSeek guidance/mentor
About WORK......About WORK......
Use recruiters to help youUse recruiters to help you
Can do well working for Can do well working for “the man”“the man”
Learn the way companies Learn the way companies operate/why they do operate/why they do things a certain waythings a certain way
Hidden Job MarketHidden Job Market
About STARTING A About STARTING A BUSINESS......BUSINESS......
Start small – Start small – part-time/summer jobpart-time/summer job
Do your research/don’t Do your research/don’t start something on a start something on a whimwhim
Do something you Do something you know and loveknow and love
Learn from all your Learn from all your experience(s)experience(s)
About STARTING A About STARTING A BUSINESS......BUSINESS......
Learn from mistakes Learn from mistakes (past and current)(past and current)
Follow your gutFollow your gut
Get financingGet financing
Underestimate Underestimate Revenues, Overestimate Revenues, Overestimate ExpensesExpenses
About STARTING A About STARTING A BUSINESS......BUSINESS......
Get advice, but make Get advice, but make your own decision(s)your own decision(s)
You don’t need an idea You don’t need an idea that no one else has that no one else has ever done beforeever done before
Understand financial Understand financial statementsstatements
Think Big/ExpansionThink Big/Expansion
About STARTING A About STARTING A BUSINESS......BUSINESS......
You will feel like you’re all You will feel like you’re all alonealone
Understand cash flowUnderstand cash flow
Shoot for the Stars, Settle Shoot for the Stars, Settle for the Moonfor the Moon
Tax system favours Tax system favours Business ownersBusiness owners
About STARTING A About STARTING A BUSINESS......BUSINESS......
Most millionaires own Most millionaires own businessesbusinesses
Understand how Understand how financial info affects financial info affects decisionsdecisions
You will fail – it’s how You will fail – it’s how you bounce back from you bounce back from failuresfailures
Be patient Be patient
About STARTING A About STARTING A BUSINESS......BUSINESS......
Have people give you Have people give you guidanceguidance
Have budgets/targetsHave budgets/targets
Think outside the box – Think outside the box – remember, you’re remember, you’re different!different!
Rich Dad/Poor Dad – Rich Dad/Poor Dad – Robert KiyosakiRobert Kiyosaki
About FINANCES........About FINANCES........
Get your Get your finances/credit in finances/credit in orderorder
Pay off debts as Pay off debts as soon as possiblesoon as possible
Start your RRSP Start your RRSP earlyearly
About LIFE.....About LIFE.....
PoliticsPolitics
Learn to sellLearn to sell
University/College University/College time is the besttime is the best
Be NiceBe Nice
About LIFE.....About LIFE..... Network! Network! Network! Network!
Network!Network!
Have an Open Mind – Have an Open Mind – your Career may go in your Career may go in many directionsmany directions
Follow your dreamsFollow your dreams
Avoid Negative peopleAvoid Negative people
About LIFE.....About LIFE..... Fly with the EaglesFly with the Eagles
Don’t rush an important Don’t rush an important decisiondecision
If you don’t understand If you don’t understand something, asksomething, ask
Take time off/travel to Take time off/travel to clear your mindclear your mind
About LIFE.....About LIFE.....
Have funHave fun
Read a lot about your Read a lot about your chosen career/industrychosen career/industry
Learn from others who Learn from others who have been therehave been there
Create your own luckCreate your own luck
About LIFE.....About LIFE..... People that move up People that move up
are connectedare connected
Be confidentBe confident
Keep Your Life Keep Your Life Simple/Free of ClutterSimple/Free of Clutter
Speak Speak clearly/communicationclearly/communication
About LIFE.....About LIFE.....
Don’t try to keep up Don’t try to keep up with the Joneses – a with the Joneses – a lot of them are broke!lot of them are broke!
Use professional Use professional correspondence in correspondence in business emailsbusiness emails
Set GoalsSet Goals
Questions/Comments?Questions/Comments?About TorontoJobs.caAbout TorontoJobs.ca