Tip 12Learn How Businesses Really Work

In the previous chapter, we discussed the importance of making an intentional choice about the business domain in which you work. Domain knowledge, being at best an employment differentiator for a job and at worst a showstopper, isn’t something you should take lightly. Before making an investment in learning the ins and outs of a business domain, you should make sure you’re investing in the right one for you and for the state of the market.

But, one body of knowledge is neither technical nor domain-specific and won’t be outdated at any time soon: the basics of business finance. Regardless of your line of business, whether it be manufacturing, health care, nonprofit, or an educational institution, it is ...

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