A young entrepreneur - раздел Образование, ПРЕДПРИНИМАТЕЛЬСТВО Jayson Meyer Was Sixteen When He And His Younger Brother Matthew Started Thei...
Jayson Meyer was sixteen when he and his younger brother Matthew started their technology company. Jayson lives in Daytona Beach, Florida, in the USA. He looks like any typical university student, buy Jayson doesn’t go to university. He doesn’t need to. He is already a successful businessman. Jayson is a co0founder and CEO (Chief Executive Officer) of Meyer Technologies, Inc.
At high school Jayson spent a lot of time working on computers for the school and local businesses. He didn’t have time for school work, but he could fix almost any computer problem. So when he was fifteen Jayson left school and went into business full time. With his brother he set up a shop at the local weekend market.
The business was successful and quickly went from making $ 4000 in the first year to $ 100000 per year. Soon Meyer Technologies, Inc expanded and was making over $ 500000. The company builds special computers and creates software programs for its clients. Many small businesses in Florida can’t afford in-house computer support. They rely on service companies like Meyer Technologies to maintain their computers, and the company has plenty of customers. In 2000 the sales grew to over $1 million. Not bad for a business whose CEO was not old enough to vote!
Currently Jayson is helping to grow another company called Work Smart MD, which makes special software for doctors’ offices. Jayson now employs a number of technical staff and most of them are older than their boss. Jayson himself works 80 to 100 hours a week and often sleeps at the office. He doesn’t have a lot of free time to do the things that most young people do, but he doesn’t mind. He says, ‘I’d rather be building an international business. I think about my business most of the time – it’s in my blood’.
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A young entrepreneur
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Sole proprietorship
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Before starting your business you have to choose the type of proprietorship in which you will own it. You should know that any business sho
Active vocabulary
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To choose – выбирать
proprietorship – собственность
to own – владеть
sole proprietorship – частная собственность
par
Forms of business ownership
Sole proprietorship: business that is owned, and usually managed by one person.
Example: most of the produce sellers at the central market.
Partnership: a business w
Miscellaneous definitions
Acquisition: obtaining (in business it is when one company buys another).
Merger: combination of to or more firms to form one company.
Example: many banks in the USA
Partnership
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The partnership. Partnerships are voluntary combinations of from two to twenty persons formed for the purpose of carrying on busines
Active vocabulary
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Purpose – цель
to share – делить
to carry on – вести
tax benefits – налоговые льготы
limited liability – ограниченна
READING
I
Partnership. A partnershipis a business organization that is owned by two or more persons. Partnerships offer certain advantages over sole propri
Corporation
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The corporation. A business corporation is an institution formed by two or more shareholders, who put money into business and get
READING
I
Corporation.A corporationis a business organization created under a government charter. Ownership of corporation is rep
Special types of business organizations
Not all business organizations fall neatly into the categories that we have described. Other types of business organizations are described below.
The S corporation – the corporatio
HOW TO START YOUR OWN BUSINESS
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The best reason for starting a business is to earn money, to travel, to get more knowledge of the world, to get business experience or to b
Active Vocabulary
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оwn - собственный
to earn – зарабатывать
experience – опыт
skill – навык
to choose – выбирать
success – усп
Getting started in business
What do Juan from Spain and Jessica from the USA have in common? They are both teenagers running successful businesses. Juan, 16, has a gardening business with 75 clients and three employees. Jessi
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