when i grow up i want to be a business person
DESCRIPTION
A booklet from sportademics llc that provides a conveniet career guide to teens interested in becoming a business person. Illustrated with accompanying music.TRANSCRIPT
US Industries Inc.
The Path Starts Here
Business Person
A Student’s Guide to Entering the World of Business
When I Grow Up I Want to be a Business Person
Illustrated for Sportademics.com by Len ShalanskyEdited and Styled by Jessica Loving
Catamount E-Bookswww.catamountstudios.com
(866) 475-1064
1
Copyright 2009. Sportademics.com LLC
This book is available on-line through sportademics.com free to indiviuals for non-commercial, informa-tional use.
Contact us by email: [email protected] or fax: (719) 592-0020.
Published by Catamount E-Books.SAN: 8 5 7 5 6 2
ISBN: 978-0-9822127-6-9
Dedicated to James Cote, a family member who exempli-fies honest and ethical business practice with su-perb comprehensive customer service.
2
A business is a legally recognized organization designed to provide goods and services to consumers for profit. Businesses are usually private (non-government) organi-zations which are an outgrowth of our capitalistic system in the United States.
What is a Business?
Businesses are of different types including: • Sole Proprietorship (a business managed by oneself with personal liability)
• Partnerships (relationship of two or more with no personal liability)
• Corporations with Shareholders (legal entity with no personal liability)
• Cooperative(legal entity with members having no personal liability)
IOWA COOP
Continued...
3
Businesses are of Many Types:
Agriculture: Farms and related industries
Mining: Iron ore, copper, gold, uranium, silver
Financial: Banks, investment companies
Information Systems: Software and computers, movies, books, media, sports, TV
Manufacturers: Cars, refrigerators, furniture
Real Estate: Homes, commercial office, warehouse buildings
Transportation: Airplanes, automobiles, trains
Uti l ities: Sewage, heat, electricity (can be government or private company)
Service Businesses: Petroleum, food, movies, medical, motels
Retai lers / Distributors: Walmart, clothing stores, computers, phone companies
KEEP on the path
4
Accounting
Management
Auditor taxes
Business Encompasses Many Facets of Our Lives
Corporate Finances
Budget Analysis
Supervisory
Human Resources
Entrepreneur Information Technology
Retail/WholesaleInsuranceadministration
government vs. private businessMarketing
Don’t Quit!
5
What Draws Students to Business Careers?
• Lifelong productive profitable successful career.
• Incentives rewarded for hard work and productivity
• Enjoy the risk / reward / involvement of free enterprise
• Enjoy the consumer satisfaction from personal efforts
6
OK - I 'm very Interested .Where do I obtain further business information ? What skills do I need ?
Perform well in acAdemic studies in Middle and High Schools !
Yes - tackle difficult classes - especially Math, English, Languages, History, Writing, and Sciences.
Seek to shadow or be mentored by a successful business person, whether a small business or a corporate firm. Work in a business for profit - “hands on experience “ with business people / customers.
Get to know and understand the culture of American and International business.
Do business terms such as dividends, capital surplus, or net profit interest you?
Do you want to supply a good service or product to consumers ?
Are you a TEAM player ? KEEP AT IT!
7
BUSINESS is definitely my CALLING!Where do I enroll in college after I obtain my High School Diploma ?
• Evaluate and apply with assistance from guid-ance counselor, Alumni of Business schools, in-ternet, books, and by asking what are the better business colleges? Are Graduates of this Busi-ness School obtaining desired jobs, satisfied with their business education, and accepted into repu-table graduate schools (MBA / PHD )? Is thisBusiness School reputably accredited by the As-sociation to Advance Collegiate Business Schools (AACSB) or the Association of Collegiate Business Schools and Programs (ACBSP)?
• Check your finances: Tuition + Dorm/Food + Books / Computer + Transportation / Clothes / Living Expenses = loans, part time work, scholarship NEEDS
• Work within your family’s ability to assist yourself in college - attend the very best accepted school and obtain the hightest degree possible for Business success.
The pathcontinues....
WOW!
8
Degrees?? What do I need for business success ?
Associates - two year general business degree - places one above many business job competitors.
Bachelors - standard college degree - a must for management, human resources, and higher corporate positions, and specific degrees such as marketing, finance, management, and accounting.
MBA - the Masters of Business Administration - a must for specific corporate positions (CEO, COO, CFO), teaching, and respect within Business community.
PhD- PhD- definitely the “think tank” degree - a must for teaching in specific respected business schools and universi-ties, collegiate level business text authors and business school researchers. Better yet - you are called “Doctor.”
Nice work!
9
What Classes can I Honestly Expect in a Business Major?
University Required Core Classes:
HistoryLanguageEnglishNatural SciencesCommunications / SpeechWritingSociologyEthicsPhilosophyPolitical SciencesArt Psychology
sTAY ON TRACK!
10
Here come the Required Business courses!Will I Require Life Support for Calculus ?!
Most business majors do get through this class - your professors KNOW you are not a math major. Other business classes are actually TOUGHER !
Business
CalculusAccounting Economics Computers
Information Systems ManagementFinance Marketing
International BusinessBehavioral Analysis
Taxes
Business Law
Equity
TheorySystem Design
Corporations and Partnerships
SecuritiesGraphic Media Entrepreneurship
Leadership OperationsPlanning
Supplies
Adm
My Gosh!
No!
The path is here
11
How am I Guided Through Business School? College Professor with Experience is assigned as a counselor to keep you “ON TRACK.”
Pass to the very best of your ability both core and business classes for your diploma.
Being Street Smart Assists with college: “Who are the best professors ? “ “Is this class impossible to pass ?” “How much time does this course require ?”
Ask Alumni, Peers, and Fel low Students.
Continued...
12
Business Fratern it iesΑΚΨ & ΔΣΠ•Alpha Kappa Psi•Delta Sigma Pi
Lifetime Education / Seminars
Career Networking Connections
Ethics
Research
Lifetime Relationships with Business Peers
Community InvolvementTeam Work
Corporate Partnerships and Scholarships
Leadership Skills
Opportunity to fraternize / socialize / enjoy sports / and “chill” - one cannot study 24 / 7
Job Fair
FUN or WORK or DISTRACTION or OVER RATED or CAREER NETWORKING ?
13
How do I Navigate a l l the Nuances of Business Careers?
sales
Computers
Corporations Manageme
nt
Materials and Supplies
Marketing Purcha
sing
government
small b
usines
s
Compliance (industry and government)
Finance
AccountingAudits
Industry
Service Sector
RetailW
hole
sale
Consul
tant
Entrepreneur
HRIns
urance
Manufacturing
14
Your personal Business
Accounting
Do you enjoy numbers or people ?
If you are a “numbers person” you may become a CPA (certified public accountant / auditor / book keeper / financial analyst, etc.) But if you truly enjoy people you may become a high achieving sales associate, or a high level management per-son with supervisory responsibilities.
Work part time in businesses and your CALLING will unfold, peers will instruct you as to what you are truly capable of becoming, and your college courses will allow you to understand and guide your career path.
Utilize your college counselor.
Talk to Business Peers, Students, and Professors. Share ideas.
Cal l ing!
15
Do I need to Know all the Business Information for my Diploma and Career ? No!
But the business student definite-ly needs to know the Business Fundamentals and Standard Concepts for careers, tests, graduate school, and their business diploma.
x + 1 + x
f (x + x) - f (c) x
2 x + 1 + x
16
OK . . .
Maybe - PLANNING for the future is a must depending on your family situation with job or graduate school ?
Usually working at Business Job concurrently
MBA schools are 2 years, MBA or PHD another 2-3
Costs / Family Situation / Motivation / Career Necessity
Involves Research, Graduate School Exams
Dissertations and Thesis ( Original Advanced Confined Writing)
Required for Specific Corporate and Teaching Positions
Interdisciplinary - Psychology / Accounting / Economics / Finance
DEAN
I’ve passed all my exams and classes. Everyone is here for Graduation.
I'm Done - Right?
17
I thought I was finished . . .
ETHICS
Never Forget Business Ethics.
I’m on my way to Grad School and the Corporate World - OOPS - Never forget your family, people in need, customers, and your school.
18