Financial Primer For Self-Funded Startups, Part 1

prestonlee.com

39 pointspreston3 comments

I found this an extremely approachable introduction, and I'd like to see further parts in the series -- "accounts payable" and "paying yourself" sound interesting.

How does one typically go about learning this stuff? Do most entrepreneurs just pick it up from various sources over time, or is there a book or academic course that is particularly helpful?

I am sure how people learn this is as varied as their background. I learned by starting a small business and when it got bigger I got mentoring from other entrepreneurs as well as had my accountant teach me. I also bought books on simple accounting, read QuickBooks manuals etc. i.e. wherever I could find the information.

These type of basic tutorials are useful though.

I liked 'The Ten-Day MBA'. It is a pretty quick read, and covers all this stuff.

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