Accounting for Poor Start-ups

Hey All,

Thought I would share a nice addition to my start-up arsenal. 

If you are looking for a cheap and robust option to the expensive accounting software packagers out there I would highly suggest taking a look at GNUcash . It is a perfect example of what open software can do to enable SMEs to succeed in today’s competitive marketplace.

So far I have found some reliable forums and websites dedicated to discussing options and different ways of manipulating the software package to do anything that I might want to do at in basic accounting. I’ve yet to stress test it to some serious options and scenarios, but thats mostly due to my lack of accounting knowledge and understanding than it is to the software’s ability. 

Pros: Free, Multi-platform, very flexible, and highly customizable

Cons: Lacks support and built-in (ready-to-go) customization that other packages have, tougher learning curve for non-accountants to pick up

 

Cheers,

Sam

Startup – Week 1

Hey there,

So you are new to the scene, you want to start a non-.com/.org/.me/.anything company, and all you have is a computer and enthusiasm to start finding information on how to do it. It’s tough being in the startup scene and not starting an online based company nowadays as it seems all resources and readily available literature is mostly surrounded on the methodology of starting the next Facebook.com. But all is not lost:

The first step is to realize that startup methods applied to online based companies can also be applied directly to every other startup company as long as you take sometime to tweak the info and adjust it to your needs. Several references that I have found my self reading and enjoying have been the following:

The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses (Eric Ries)

Take some lessons on how to get through the boring things and focus on the important process of Build-Measure-Learn. Also can visit theleanstartup.com and see if there are any Lean Startup Meetups in your area. 

How to Argue: Powerfully, Persuasively, Positively (Jonathan Herring)

Every new Entrepreneur(unless you are classically trained as a Debator/Lawyer) should probably take some time looking into how to negotiate, whether that be for your seed-capital or your cellphone service.

Seven Habits of Highly Effective People (Stephen R. Covey)

I’ve found this book both highly enlightening due to its ability to point out things you thought you know but didn’t understand about yourself, as well as helping you to improve personally and professionally. 

So I’m still working on finishing these books, but so far each of them have been exciting and inspiring in different ways. I will be updating on insights and important information that I’ve garnered from these resources as I find them.

Cheers,

-Sam