Why Accounting is Cool According to Dilbert Creator

Have you ever noticed there’s one tiny restaurant location in your town that is always going out of business? Here’s why accounting is cool according to Scott Adams, the creator of Dilbert.

The one thing that all of the concepts have in common is that they can’t work because there aren’t enough tables in the place to cover their expenses. (I have a good idea what their expenses are because I once owned two restaurants in the area.) My guess is that each new operator has plenty of culinary skill and no accounting skill. No one with accounting skill would get involved with a business model that can’t work on paper.

You can pay others to do your accounting and cash-flow projections, but that only works if you can check their work in a meaningful way. The smarter play is to learn enough about accounting and spreadsheets that you understand the basics.

As an aside, I found the book (linked below) highly enjoyable.

Source: Scott Adams | How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life | P. 121 | 10/22/2013 | Visit