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How to start BUsiness related career?

Can someone enlighten me on where to start and what i should expect

+25 Karma if successful
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To: Friend
Subject: Career question for you

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Doc’s Answer

When choosing a career path Grace, you should carefully consider all aspects of what that career can offer you over the coarse of a lifetime. Keep in mind as you do so that what may appeal to you now may not appeal to you as much a decade or more from now. Business majors have more job security than other majors because they are needed in virtually all industries. Whether it’s Disney, Microsoft, all industries need people with business acumen to function and prosper. This will always keep the demand for business majors relatively high.

When majoring in business, many students opt to select an emphasis for their studies. Some examples of emphases from which business majors choose are accounting, finance, marketing, and entrepreneurship. Usually, a business emphasis means that you will receive a broad background in business, but will receive more focused and specialized knowledge in the field you choose your emphasis.

ACCOUNTING EMPHASIS
Accounting is considered to be the “language of business” since different people involved in business use accounting-based data to communicate and determine the financial well-being of a business. The study of accounting is also used to keep track of all financial activities within a business, including budgets, general ledgers, and balance sheets. Many business majors with an emphasis in accounting opt to sit for the CPA (Certified Public Accountant) exam. This certification allows the individual to have national accreditation, and opens up job opportunities vastly, turning a general business degree into a specialized and successful career.

FINANCIAL EMPHASIS
Finance, like accounting, works with the numbers behind businesses. However, while accounting deals with the current status of a business, finance focuses on the future potential of a business. Those who emphasize their studies in finance often end up in advisory roles in businesses, since their education provides them with knowledge on how to raise funds and make investments properly. In essence, those in finance help businesses decide how best to earn money.

MARKETING EMPHASIS
Marketing covers how to promote the company and sell products or services. Students with an emphasis in this subject find themselves in jobs linked to advertising and market research, sometimes even touching on matters like public relations and image management. Marketing is basically in charge of how businesses persuade customers to give the business money in exchange for products or services, and students who choose this emphasis expand their job opportunities greatly.

ENTREPRENEURSHIP EMPHASIS
Entrepreneurship is the term used to refer to the process of beginning a new business. Business students with an emphasis in entrepreneurship specialize in innovation in business, whether that be through new business ideas or inventive business methods.

Hope this was helpful Grace
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Anuradha’s Answer

Embarking on a business career can be a thrilling journey!
- Key skills such as communication, collaboration, and leadership are the backbone of a successful business career, alongside dedication. It's important to continuously develop and refine these skills. There are numerous free learning resources available on platforms like LinkedIn and others that can help you in this endeavor.
- The world of business is multifaceted, encompassing areas like entrepreneurship, finance, administration, marketing, and more. Discover your passion, you might find that you enjoy more than one area, and that's completely fine. Begin honing the skills specific to your interests.
- A great stepping stone to kickstart your business career could be obtaining a business degree, such as a Bachelor's in Business or an MBA. Explore various university websites to see what they offer. This can give you a glimpse into the courses and diverse curriculums available, sparking your interests. For instance, UT Dallas provides Business Bachelor's degrees in several disciplines. There's a plethora of other universities offering this course, and browsing through their courses and curriculum can provide valuable insights.
- If entrepreneurship is your calling, consider finding part-time jobs or internships in small businesses. You could even try starting a small venture of your own. Simply brainstorming what kind of small business you'd like to start and jotting down questions and answers around that can be incredibly beneficial.
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Anthony’s Answer

Hello!
Please, note the following, concerning how to start a business related career:-
1. Think of the type or kind of business.
2. Knowledge in the business.
3. The amount of capital needed.
4. Location of the business.
5. Favourable marketing conditions.
6. Favourable government policies.
Best regards.
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James Constantine’s Answer

Hello Grace!

Embarking on a Business Career: A Comprehensive Guide
Venturing into a business-oriented career can be both thrilling and demanding. It's crucial to grasp the intricacies of the sector, possess the required skills, and have the resources necessary for success. This article will outline the process of launching a business career, focusing on education, networking, and the key skills required to excel in this field.

Acquiring Education and Training
The initial step towards a business career is acquiring the appropriate education and training. Most professionals in this sector hold degrees in business, economics, or similar fields. Some popular degrees include:

- Bachelor of Science in Business Administration (BSBA)
- Bachelor of Arts in Business Economics
- Master of Business Administration (MBA)

These qualifications offer a robust foundation in business fundamentals like finance, marketing, and management. Additionally, earning certifications in specialized business areas, such as project management or human resources, can prove advantageous.

Cultivating Networks and Connections
Networking is a critical component of any business career. Establishing connections with professionals in your field can open doors to job opportunities, mentorship, and valuable industry knowledge. To develop a solid network, consider attending industry events, joining professional groups, and participating in local gatherings.

Key Skills for a Business Career
- Communication: Effective communication is crucial in business for expressing ideas, negotiating, and resolving disputes.
- Critical Thinking: The capacity to dissect complex issues and make informed decisions is vital in a business career.
- Time Management: The ability to prioritize tasks and manage your time efficiently will help you stay organized and meet deadlines.
- Adaptability: As the business landscape is always changing, being flexible and receptive to change is key to success.
- Leadership: Robust leadership skills are required for team management, employee motivation, and steering a business towards success.
- Analytical Skills: The ability to interpret data and make decisions based on it is crucial for business professionals.
- Problem-Solving: Business professionals must be capable of identifying issues, evaluating potential solutions, and implementing the most effective course of action.
- Emotional Intelligence: Understanding and managing emotions in the workplace can aid professionals in building strong relationships and navigating difficult situations.

Recommended Reading
- “The Lean Startup” by Eric Ries: This book offers a framework for launching and growing a business using a data-driven, iterative method.
- “Good to Great” by Jim Collins: This book distinguishes the factors that separate great companies from good ones and offers insights on how businesses can attain long-term success.
- “Thinking, Fast and Slow” by Daniel Kahneman: This book delves into the two systems that influence our thinking and decision-making, offering valuable insights into human behavior and decision-making.

Don't forget to check out my buyer guide that highlights foods that can boost your work and academic performance.

May you be abundantly blessed,
James Constantine.
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Patrick’s Answer

Grace, when I think about your question, I first think how brave it is to ask it. Then I think that stepping into a business-related career holds immense promise and excitement. Here are essential insights for you to consider when venturing off into your journey:

1. Begin with a strong educational foundation by considering degrees in business administration, finance, marketing, or related fields from reputable universities, providing essential knowledge and skills.

2. Reflect on your interests within the broad spectrum of business, whether in entrepreneurship, finance, marketing, or management, to help pinpoint a specific career path aligned with your passion.

3. Seek internships, part-time roles, or entry-level positions for practical experience, allowing you to apply theoretical knowledge in real-world business settings and gaining insights into day-to-day realities.

4. Build a robust professional network by connecting with individuals in the business community. Attend industry events, join online forums, and engage in informational interviews for mentorship, advice, and potential job opportunities.

5. Stay informed about industry trends, emerging technologies, and market developments. Consider pursuing certifications or short courses to continually enhance your skill set and adapt to the dynamic business landscape.

6. Cultivate effective communication, leadership, and problem-solving skills, crucial in any business-related career. Focus on their development through practice, feedback, and seeking mentorship.

7. If entrepreneurship interests you, consider starting a small venture or working with startups. Entrepreneurial experiences can be transformative, providing a unique perspective on business dynamics.

8. Enter the business world with realistic expectations, understanding that success requires dedication, perseverance, and adaptability. Embrace challenges as opportunities for learning and view setbacks as stepping stones toward growth.

9. Seek guidance from mentors or career counselors with experience in the business field. Their insights can be instrumental in navigating your career path and making informed decisions.

10. Understand that a business-related career may present challenges. Stay resilient in the face of adversity, learn from setbacks, adjust your strategies, and move forward with determination.

Remember, Grace, your journey to a successful business-related career involves continuous learning and growth. Embrace each step with enthusiasm, stay open to new opportunities, and let your passion guide you toward a fulfilling and rewarding professional future. Best wishes for your journey into the world of business!
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Brandon’s Answer

Embarking on a career in business can be a thrilling and fulfilling adventure. Here are some friendly steps to help you navigate your way:

Self-Reflection:

Take some time to pinpoint your strengths, passions, and capabilities. Think about which business areas resonate with you the most, such as finance, marketing, or entrepreneurship.

Educational Path:

Follow an educational route that aligns with your interests. This could mean earning a degree in business administration, finance, marketing, or a similar field. Remember, many prosperous entrepreneurs kick-start their journey with a robust educational base.

Gain Practical Experience:

Internships and entry-level roles offer invaluable hands-on experience. Seek out opportunities that match your interests, whether that's within a particular industry or a specific department in a company.

Networking:

Forge a professional network by attending industry gatherings, becoming part of business-related clubs or organizations, and linking up with professionals on platforms like LinkedIn. Networking can pave the way to mentorship and job opportunities.

Develop Soft Skills:

Skills like communication, problem-solving, and leadership are vital in the business realm. Focus on honing these soft skills as they are highly prized by employers.

Stay Informed:

Stay on top of industry trends, market changes, and emerging technologies. Constant learning is vital in the ever-changing business landscape.

Explore Entrepreneurship:

If entrepreneurship piques your interest, think about launching a small project or business on the side. This can offer valuable insights and hands-on experience.

Professional Certifications:

Depending on your chosen path, acquiring relevant certifications might be beneficial. This can boost your resume and showcase specialized knowledge.

Build a Portfolio:

Craft a portfolio that highlights your education, work experience, and any projects or accomplishments. A compelling portfolio can make you stand out when job hunting.

Job Search and Career Development:

Kick-start your job hunt with entry-level roles or internships. As you gather experience, you can climb the career ladder. Welcome feedback, set objectives, and stay open to fresh opportunities.

Remember, everyone's journey is unique, and it's perfectly fine to explore various paths to discover what fits you best. Constant learning and adaptability are crucial in the ever-evolving world of business. Best of luck on your exciting journey!
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Christina’s Answer

Your school can really help guide you to what area of business you will excel in. The first thing to understand is what you are passionate about. You can start small and be flexible with yourself. Take a personality test- either one from your school or one I listed below. This can help guide you to understand yourself more. Don't box yourself into one degree or specialization in Business. Take classes that sound interesting to you. Go general, then know you can learn more later depending on the job. Find a good leader in your job who can guide you to learn more about you in the role or different roles in a company you want to get into. Ask for lots of feedback - from friends, family, people you work with/will work with. This can help you learn more and understand more about you to guide you. For example, I thought because I was good with numbers I should go into accounting. When I talked more to family and friends- they said really? But you are such a natural born leader and you are great with people! I now have a career in banking/lending and enjoy the leadership aspect of my career the most. :) best of luck to you!

Personality quiz...
https://www.16personalities.com/- free personality tests that says what careers may apply for your personality type (this is close to the Myers Briggs tests that many companies and leaders use today)
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Xiaojie Johan’s Answer

Hello Grace,

If you're in High School, you should plan to apply to college/university and try to get into the best university possible.

While it is sometimes optimal to study at a Business school, any of the STEM fields will lead yourself to a career in business such as Computer Science, Economics, Mathematics/Physics. Choose wisely based on what you want to do in business and not choose based on starting a business career. I'd advise to not study business administration, but a field such as those listed or something like Marketing.

Hopefully this helps!

Best of luck,

Johan
Thank you comment icon Hi Johan, would you say all business-related careers require a college degree? Gurpreet Lally, Admin
Thank you comment icon Hi Gurpreet, They do not all require a college degree, but it is something that I'd say is preferred in my opinion. A lot of employers require an undergraduate degree. Xiaojie Johan Liu
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Rebecca’s Answer

Thank you for your question. I am glad to hear that you have interest in business
Below are my suggestions:
1. Do you have interest on banking, finance, administration, human resources, trading, etc.? You can explore more business related careers online.
2. Find out more on these careers and determine what you have interest
3. Speak to someone who are working in these careers. Seek guidance from your mentor, school career counselor, your parents, etc
4. Shortlist 1-2 careers you would like to pursue
5. Explore the entry criteria of relevant subjects in the college
Hope this helps! Good Luck!
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