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If you don’t know accounting, it – like most technical subjects that are unfamiliar – seems like a dark art that you could have maybe learned if you had studied it in college or worked in investment banking. In reality, you can get to 95th percentile by reading two books:
25.7.2025
Almost two decades ago, I took Accounting 101. It taught basic stuff - debits and credits, the accounting equation, and how to read financial statements.
That single class has had an outsized impact on my businesses. I highly recommend that all entrepreneurs learn accounting.
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