I am looking to break into Venture Capital and work for a VC/Private Equity shop. I have been working in a Corporate Accounting/Auditing postion for 3 years.
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I can think of 3 ways...  \n\n1. If your background is in accounting, you may need more education in Finance.  A CFA or Chartered Financial Analyst certification will help.  Or an MBA as well.\n\n2. Networking, networking, networking.  Easy to say, hard to do.  But understand this, most of these firms get tons of resumes each day, you need to know people to get in.\n\n3. Bring them an investment idea.  Perhaps you know a private company in your town with great potential and looking for money to expand.  That's what VC does.  Show them you can help them find new businesses to invest in.
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I went to school to be an Accountant.  I graduated 7 years ago.  I work in my field and I have ever since graduation.  One piece of advice I would give is that you literally have to manage your career, much the same way that a professional athelete would.  I keep a good recruiter (similar to an agent); when I find myself in a job that is not working out for myself or the employer, I start making plans to move on; I market myself quite heavily by building relationships with other people that work in my field.  I keep my resume and my skills current.  I have never settled for any job that does not somehow help me work towards my career goals.
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As long as you are comfortable with giving up your equity, then go for angel investors and VCs.\n\nBusiness 2.0  http://money.cnn.com/2006/02/28/magazines/business2/angelinvestor/index.htm has a very good article on angel investors, what they typically look for, what kind of investments they support, etc.\n\nYou may want to go and pitch your ideas where investors gather. Here are some places where angel investors come and those looking for funding can come and pitch their business plans. Be sure to have a strong business plan and describe what makes your business idea stand apart:\n\nAngel Capital Association http://www.angelcapitalassociation.org\nAngel's Forum http://www.angelsforum.com \nBand of Angels http://www.bandangels.com \nCommon Angels http://www.commonangels.com \nKeiretsu Forum http://www.k4forum.com \nLaunchpad Venture Group http://www.launchpadventuregroup.com\nNew World Angels http://www.newworldangels.com \nNew York Angels http://www.newyorkangels.com \nRobin Hood Ventures http://www.robinhoodventures.com (charges $250)\n\nAs for venture capitalists, you may want to check various directories that can help you find them\n\nhttp://www.vfinance.com/\nhttp://www.vcaonline.com/directory/invdir.asp
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The first bug step is to have a business plan. You will need to define the direction of the business and then project the financial requirements to meet your goals. If you are not an accounting type you would probably do well to find one to help you with the business plan.\n\nInvestors will then be able to see you business concept and the potential return for their investment. And most importantly, if you have a professional business plan they will take you seriously.
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Yes, finance.Take private equity course too.  Tons of money in private equity...
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Back off and take a very realistic look at your job. 4 years is not that much experience on a job. How do you plan on getting business???? History says that all clients you have now WILL stay with the company you are employed by..not follow you. And it would be unethical for you to try to take their clients with you. So, how would you get business?? YOu will have to go door to door to sell yourself to prospective clients...that is the main thing you would be doing...selling! No one is going to beat a path to your door..that is just how it goes. Are you prepared for a long period of no income? If you do not have clients to find people for, you will not have a business. Not trying to be hard on you, but I suggest you step back, take an honest look at your job and those you work for, find out what is wrong with your feelings and set about to make your life better on the job you have. There is no reason NOT to go into your own business IF you can make a go of it...just be prepared for all that means. Best of luck to you in whatever you do.
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That, frankly, sucks.  Best of luck, whatever choice you make.\n\nThis question is basically unanswerable without a lot more information.  To answer it as it stands: follow your gut.  I know that doesn't help.\n\nThe info that would help:\nYour age\n" profession\n" status - married w/ dependents & need security? Single & more prepared to take risks? How important is security?\nThe type of business you want to start - what is the average start-up failure rate in that field?\n\nHaving said the above, if you've been in the same field and are about to get arsed with the above frequency, maybe your current profession is not the answer either way, and perhaps another 'career' may be a valid third choice.\n\nReally, v. good luck.  You seem to keep getting rehired, so I can tell you're doing something right.
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Create business plan. It must include projections for at least 2 years.\n\nMake sure you have 20% - 30% down payment\n\nMake sure you have collateral. The following is the formula to calculate collateral:\nCollateral = (Personal Real estate value*0.8 – Mortgage) + Commercial Real Estate Value * 0.8 + Equipment value *0.5 + Inventory *0.1\n\nMake sure your credit score is 680+.\n\nMake sure you have relevant experience. Banks will never finance career change.\n\nCollect all necessary financial documents:\n1)Personal tax returns for the last 3 years\n2)Business tax returns (for existing business) for the last 3 years\n3)Profit And Loss statement year to date\n\nCall your local banks. Ask if they do SBA loans.\n\nWhile choosing bank, keep in mind that banks are specialized entities If you wanted Chinese food, you wouldn’t go to a steak house, would you? Banks are organized the same way. You will never find a bank that does all types of businesses and all types of loans.\n\nDo your homework. Call the bank, ask for a business loan officer and describe your business type and your financial needs. Try to avoid banks that will give you a general answer: “We make our credit decision on a case per case basis”. Most likely you will waste money and most importantly your time.\n\nComplete loan application – make sure there is no arithmetical errors, mistypings and all personal financial information is correct.\n\nSubmit the complete package – all documents that were requested by the loan office, in the order that was requested to the bank.\n\nGood luck,\nMarina Lando\nPresident\nBusiness Loan Quest\nhttp://www.blquest.biz
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Yes, I think I heard of it before but if you are open to another business opportunity, I can also give you information.  We have one of the best compensation plan, residual income derived from a movie with a second one coming out soon, plus 7 cafes presently open with more opening soon.  We are the only home-based business with these type of residual income and the sky is the limit to what you can make.  My email is rpelley5@yahoo.com is you are seriously interested.  If you reply, please identify yourself with the pre-paid legal services so I know who you are.  Thank you.
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hello there, \nI can suggest you a very good business opportunity. \n\nNow its time to do Smart Business NOT Hard Business. So investment should be very small and returns should be high.\n\nI am earning good and many of my friends are earning like anything in this business i do everything with just some efforts. \n\nYou just need to be calm and have good relationship in your local area to get succeed, you can do it anywhere you want it and no matter where you are. \n\n*Its a Unique chance to become financially free and earn US \n$3000 a day. \n\n*I will Make You Grow Financially.\n\n*A small investment which will keep expanding like the Roots of a \nBanyan Tree. \n\n*No risk factor of the Stock Market. \n\n*Earn millions for yourself and your generation. \n\n*It grows as you enjoy the beaches or have retired. \n\n*You’ll have enough to have your desires and dreams come true. \n\n*You’ll be able to help the needy with your tender feelings. \n\n*You’ll be able to leave a legacy for your family.\n\n\nIf interested, please reply me your complate details.\n\nSidhu.
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My brother has been a CPA in private practice for about 17 years.  He earns well into the six figure territory.  He's in partnership with another CPA.  They have one CPA candidate who works for them and an office staff of about 6.  Our dad was also a CPA in private practice.  We grew up in a nice home and never wanted for much.\n\nYou need to have 3 years accountancy experience (after completing your BA) before you can sit for the exams.  That's like a medical internship and the employers know it.  Expect not a lot more than minimum wage during that period -- and expect to be worked nearly to death as well.  If you get lucky enough to land an internship with a "Big-8" firm, expect to spend most of your money on clothes.\n\nIt will probably take several shots to pass the exams.  Don't fret failure, very few pass these the first time around.  Once you pass a section, you don't need to retake it; you'll just retake the parts you failed.\n\nOnce you pass the exams, your income potential will be pretty much unlimited.  How much you can earn will be up to you.\n\nAfter 20 years in the biz, my brother loves the $$$ but hates the drudgery.  He's trapped by the lifestyle that he and his family have become accustomed to.  That's a hazard in many careers, though.
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I' am currently an intern at MORGAN STANLEY. I work with a lot of Financial Advisory/Planners. They get paid through commission and sometimes salary and you can make up to $150,000,  but at the same time you have a quota system to meet. If you don't have more than Million of Dollars invested in your clients portfolio's than your gone.
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VC's will typical ask for at least 50-80% of a company. They are trying to gain as much control as they can.\n\nIf you're sole goal is to preserve ownership %, then the best route is to try and raise cash via friends and family at first.\n\nOnce that is exhausted try for angel capital but really limit the amount of money to what you absolutely need to purchase.\n\nAfter both of those have been exhausted approach the VC's for more significant investments, but hopefully you'll be farther along in the product development and the risk is lower to the VC because you have more tangible product, and therefore you have more leverage than you would have sans product.\n\nThere is no formula that can be applied here, it's really more about managing risk and having leverage when negotiating. Not to mention the strength of the idea and the timing and motivation for VC's to adopt the risk. If this is a hot idea in and up and coming area and you have a solid team behind you then it's easy, but if you're entering a market that is already well defined and is not attractive to the VC then it's harder.
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generally what you are looking for would be an internship under a cpa and you will need two years of it to get a job...problem is that no cpa wants an inexperienced intern...yes, it is for the general public (business included)..i am an accountant but not a cpa...i wont be a cpa either because a cpa can be sued and i have found that more often than not the general public will be very shady with their books so transactions can be hidden even from an accountant and this opens a door that i dont even want to venture through...you will find corporations that dont act as such (piercing the corporate veil)....i suggest you just go to a local if you dont want college and apply for a job....i did however get a diploma in accounting
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Hire one of those firms that find people. The one I found below is located out of CA!
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Congratulations on starting your own C corp. - now come the fun!\n\nI currently run four companies with one being a full C Corp and the others being LLC - I wanted to set up partnerships, however, my accountant/lawyer showed me where the state that I am in does not allow partnerships.\n\nOK - the very next thing you should do (even before transferring the vehicle) is to find a really good accountant for C Corps - this will be a LOT HARDER than it sounds.  As I have already noted, I found one that is both an accountant and a tax lawyer (even more rare)!  You want to find someone who really understands small C Corps and is willing to push to get all the tax benefits for you that are legal in today’s tax code.  Many accountants do not really understand the tax codes for small C Corps.  This one item can save you tens of thousands of dollars in very short order!\n\nMy advice here is to read the book Rich Dad Poor Dad (if you have not already) and use that as a basis to question accountants to see if they know how the tax codes work for small C corps.\n\nThe next thing to do is start setting up your advertising to be as much word of mouth as you can possible stand (good way to use that vehicle to mentioned to get around to network and meetings).  You want to plan as best as you can to ensure that you have as much cash flow as your company will need.  Depending on the type of business you are in, there could be any number of natural ups and downs that you will need to plan for.\n\nAs for the vehicle – again the accountant should be able to advise you best.  I have been told that the safest way to have the company own a vehicle is for the company to lease one.  This then become a full write off.  Yes, you will still need to keep track of mileage and/or other information as directed by your accountant.  The C Corp can also put money in a 401K or other retirement plan for you and your employees.  \n\nYou should set things up so that medical expenses are paid by the C Corp.  My wife retired with a good pension and medical benefits (although the company is cutting back on retiree benefits now), so the C Corp picks up all unpaid medical that is not covered by the insurance company.  Also under medical can be health club dues for medical reasons – thus one of my LLC’s has a fitness complex that is on it’s property that the C Corp then pays dues for the use of it.\n\nYou might also want to check you local area to find out if there are other small C Corp owners.  If so, you might want to ask them to join you in developing a master mind group where you can all share ideas on everything from building your organization to benefits from sharing resources (like accounting, purchasing office supplies, payroll services, etc.).\n\nThus you are right – there are a lot of tricks to the trade of learning how to run a small C Corp to benefit you and the company and also pay your legal (albeit small) amount to Uncle Sam – play like a big boy using their tools in a small company.\n\nGood Luck.\n\n\nAlso, you probably already know the following, but just in case, here is what I typically recommend to those thinking about starting out in business:\n\n\nAnytime you want to start any kind of business, there are several basics that you will need:\n\n* You should first sit down and think about what it is you want to do and then write out the scenario in detail!  This may sound tedious, but it will help you clarify what it is you are thinking about.  Also, when you talk to anyone about the business (mentor, bank, clients, prospective investor), you will have a clear vision to share with him or her.  You can check any number of books at your local library or the Internet for ideas on creating a business plan or goals list.\n\n* Is there anyone out there doing something like what you want to do already?  Can you research what it is that they do and maybe even talk with them about what they do?\n\n* Are there businesses out there that are doing some a
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You can try Venture capitalists! Search for the resolved question on Venture capitalists and you'll find many to invest for your ideas. In fact make a business plan and go ahead!