/tags/entrepreneurship/ Recent content in Entrepreneurship on Michael Doan Hugo en-us Tue, 24 Oct 2023 00:00:00 +0000 /posts/expertise-not-needed/ Tue, 24 Oct 2023 00:00:00 +0000 /posts/expertise-not-needed/ <p>Here&rsquo;s why I (naively) thought I had the perfect background to run a business:</p> <ul> <li>I spoke the &ldquo;language of business&rdquo; - I even have an accounting degree.</li> <li>I&rsquo;m a certified accounting expert - I have my CPA license.</li> <li>I&rsquo;m a financial reporting expert - I worked in public accounting as a financial statement auditor. My clients reported their financial statements to the Securities and Exchange Commission. My job was to check the financial statements and say they were good.</li> </ul> <p>When I started Basis 365 Accounting, I thought these would help me master my business. These things helped, but I realized they&rsquo;re only a small part of running a business.</p>