There’s no doubt that startup founders and owners of technology companies tend to make the business headlines these days. But, let’s be honest – for every successful startup, there are dozens of failures.
If you want to make it big in the tech world, then, it might be a good idea to look for something different., And, one of the most lucrative areas to consider is accountancy. In this guide, we’re going to take a look at how to make it as an accountant in the tech industry.
Qualifications And Experience
First of all, of course, you will need qualifications in accountancy to get you up and running. You can look into university courses, or even think about night school. Next, look into getting some experience working in a large technology firm. Even a low-level job can make significant headway into your career. Many companies will offer you training to build up your skills, and after a few years or so, you could end up with enough qualifications to make out on your own.
Accountants – The Missing Link?
When you think about successful modern tech companies, they have a lot going for them. The visionary leaders, the creative engineers, and the great marketers that make their product catch on. However, all of these show stoppers that you hear about lack the financial nous to make their ideas into a sound business opportunity. And, that’s where the money men and bean counters come in.
When you bear this in mind, you can instantly see there are many opportunities to join a tech firm. You could start off by doing accounts for a local startup, offering reduced fees for a slice of the company. If the explode onto the scene and start making waves, you will be an enormous benefactor. First of all, you could be heading up the finances of an up-and-coming company. And, of course, if there is a flotation, you will be quids in and have the potential of an enormous payout. You could do this across three or four successful companies, and it doesn’t take a genius to work out that it could lead to profitable results.
There are a lot of risks, of course. Because of the fine lines between success and failure, you will be expected to put a shift in on a daily basis – and might not get those big rewards. However, if you are good at your job and you believe in the people you work with, there’s no reason you can’t use your skills to become a success. Choose the right company to work with, and you could become the CFO of a major organisation within a few short years.
So, success in the technology world doesn’t always come with the best ideas and creative thoughts. Sometimes, it’s the more mundane stuff that can bring more success than you thought possible. We aren’t saying it’s time to start counting and stop coding just yet. But, make no mistake about it, there is money to be made as an accountant in the tech industry!