Q 1. Kindly give our readers an introduction to your business. Please include what your business is all about, in which city you are located and if you have offices in multiple locations/ cities.

Ans: Abeye Hailu, CPA,MBA is a local tax and accounting office located in downtown Los Angeles California. Established on December 1988 ,the company provides tax and accounting services for small businesses.

Q 2. Kindly give us a brief description about yourself (it should include your brief educational or entrepreneurial background and list some of your major achievements).

Ans: Mr Abeye Hailu emigrated from his native country in August 1973 . In 1977 He graduated with a Bachelor of science degree in Business administration degree from Oklahoma State University and a Master’s degree in business administration in 1982 From California State University in Los Angeles and has been licensed to practice as a certified public accountant since 1985 . After working in industry and local offices of certified public accountants for several years , he started his CPA firm in 2008 in downtown Los Angeles where his office are located. Since then with the assistance of God and his dedicated staff, he has been helping hundreds of small businesses save money in taxes and help them become successful.

Q 3. What inspired you to (start a new business venture) or (to make significant changes in an existing business)? How did the idea for your business come about?

Ans: I worked for a local CPA office I wanted to put in practice the ideas that I have. It was there that I made a decision never to be an employee . By God’s grace it became a reality.

Q 4. What three pieces of advice would you give to budding entrepreneurs?

Ans: Have a business plan. Does not have to be long
Work hard
Take risk

Q 5. What would you say are the top three skills needed to be a successful entrepreneur?

Ans : Technical skills
Sales & marketing skills

Q 6. How many hours do you work a day on average?

Ans: 40

Q 7. To what do you most attribute your success?

Ans: I definitely attribute my success to My Lord Jesus Christ who has held my hands

Q 8. How do you go about marketing your business? What has been your most successful form of marketing?

Ans: Direct face to face sales.

Q 9. Where did your organizations funding/capital come from and how did you go about getting it? How did you obtain investors for your venture?

Ans: Credit Line
Own sources

Q 10. What is the best way to achieve long-term success?

Ans: Have systems in place for all of your business processes is definitely important . Not to be a laggard to technology as it affects your business .

Q 11. Where you see yourself and your business in 5 – 10 years?

Ans: I see the business growing where my children will be taking over

Q 12. Excluding yours, what company or business do you admire the most?

Ans: Creative writing

Q 13. How important have good employees been to your success?

Ans: Without motivated and trained employees you do not have a business . Employees who love what they do in the right settings are an asset to a company.

Q 14. How long do you stick with an idea before giving up?

Ans: Never give up

Q 15. What motivates you?

Ans: The satisfaction of a job well done first to our high standards and the satisfaction of my clients

Q 16. What are your ideals?

Ans: My ideals are to help our clients be successful.

Q 17. How do you generate new ideas?

Ans: Continuing education and membership in trade associations

Q 18. How do you define success?

Ans: To do what you do best and help your clients become successful

Q 19. How do you build a successful customer base?

Ans: Direct face to face sales there is no substitute for that.

Q 21. What is your favorite aspect of being an entrepreneur?

Ans: You are free to dream

Q 22. What has been your most satisfying moment in business?

Ans: Achievement of creative , personal and financial success all with the help of God.

Q 23. What do you feel is the major difference between entrepreneurs and those who work for someone else?

Ans: You must be willing to take a risk and take initiative to do something but many are comfortable to work in a predictable structured environment.

Q 23. What kind of culture exists in your organization? How did you establish this tone and why did you institute this particular type of culture?

Ans: Everyone knows their responsibility , 100% delegation . Absolutely no micro management.

Q 24. In one word, characterize your life as an entrepreneur?

Ans: I have plenty of time to spend on things that I enjoy most and I thank God for this everyday.

Q 25. If you had the chance to start your career over again, what would you do differently?

Ans: Creative writer

Q 26. What is your greatest fear, and how do you manage fear?

Ans: No fear here

Q 27. How did you decide on the location for your business?

Ans: Not sure how I ended up in downtown

Q 28. Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?

Ans: Vision , faith and perseverance

Q 29. If you could talk to one person from history, who would it be and why?

Ans: It is the Lord Jesus Christ who gave his life as a ransom to many.

Q 30. Who has been your greatest inspiration?

Ans: It is the Lord Jesus Christ who gave his life as a ransom to many.

Q 31. What book has inspired you the most? (OR what is your favorite book?)

Ans: The Bible

Company Name: Abeye Hailu, CPA
Name: Abeye Hailu
Office phone number: 213-891-9124
Email ID:
Address: 800 S Figueroa St. Suite 650, Los Angeles, CA, 90017
Your business hours: 9-5
Payment types you accept: Check, Cash , Visa, MC, Amex, Paypal

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