problems setting harware clock in beagleboard and compilation


I just got a new beagle board and was able to boot it from an SD card.
I installed the following linux verson in the beagle board:
Linux version 2.6.32 (koen@dominion) (gcc version 4.3.3 (GCC) ) #3
PREEMPT Thu N ov 25 19:54:01 CET 2010

I am having problem compiling. It says :"-sh: gcc: not found"
Also , I could not use the hwclock. It says can't open dev/misc/rtc.
Please help me figure out this thing.