News / Blog: #advice

Becoming self-employed without equity - What are the options?

There are several options how to start your own business without equity.

1. Credit: Many banks offer loans with which you can finance yourself as a founder. The conditions can vary and proof of creditworthiness may also be required.

2. Business angels: business angels are investors who help entrepreneurs with their start-up. They provide support to the business in the form of financial backing, advice and networking.

3. Crowdfunding: crowdfunding is a way to raise capital through a platform on the internet. It is used to raise money for new products, projects or businesses.

4. Government funding: There are many government funding programs that can help entrepreneurs fund their startup.

5. Business plan competitions: there are many competitions where you can submit a business plan and win cash prizes. If the business plan is convincing, you can also find investors who will give you a hand.

90% aller Gründer scheitern - Wie Sie es vermeiden

1. Plan: Create a realistic business plan that clearly defines your intentions and goals. This plan should also outline your financial needs.

2. Finance: avoid investing more money than necessary in your business. Be realistic about your financial possibilities.

3. Networks: use your contacts and networks to get support and advice from experienced entrepreneurs.

4. Customer needs: find out what your customers want and try to deliver it.

5. Flexibility: be ready to adapt to new trends and technologies to give your business a competitive edge.

6. Marketing: invest in sophisticated marketing to make your company known.

7. Cost Control: Stay on top of your costs and try to keep them as low as possible.

8. Stay Focused: Stay focused and concentrate on achieving your goals.

9. Quality: focus on the quality of your work and products to gain satisfied customers.

10. Continuity: find a balance between change and continuity to make progress.

Advised and sold - Why self-proclaimed experts and coaches will run you down

There are many self-proclaimed experts and coaches who try to run people through advice and sales. These individuals often offer a variety of services designed to help people achieve their goals. These services range from financial advice to personal development to career counseling. They promise that their services will help people improve their lives, but it is important to note that many of these "experts" do not have the qualifications or knowledge to actually help.

Experts and coaches are mainly trying to make money by giving advice and selling, rather than giving truly useful information. They may try to get people to buy a product or service they don't really need through a sales pitch. They may also try to get people to spend more money than they actually can to get a particular service or product. This type of "advising" can be harmful, as it does not help people achieve their goals, but instead entices them to pay more than they actually can.

It is therefore important to carefully check if the services from an expert or coach are really useful. One should always do an in-depth research before considering any consultation or sale. Pay attention to the qualifications of the expert and make sure that they have experience and knowledge to really help you achieve your goals. This way, you can ensure that you don't fall victim to a scam.

Think and grow rich

Think and Grow Rich is a 1937 book written by Napoleon Hill. It is one of the best-selling self-help books of all time and has been translated into over 70 languages. The book is based on Hill's earlier work, The Law of Success, and is a compilation of principles and strategies he developed while interviewing and researching some of the most successful people in the world. Think and Grow Rich outlines a simple, yet powerful process of learning how to tap into one's inner potential to achieve success and wealth. The book covers topics such as the importance of setting goals, how to develop and use visualization to achieve those goals, and how to cultivate the right mindset and attitude for success. It also provides advice on how to build personal relationships, stay motivated and focused, and overcome challenges.

How much does it cost to start a sole proprietorship?

It depends on what kind of business you want to start, but in general you can expect costs between 500 and 1,000 euros. In addition, there are other costs such as fees for the founding documents, registration with the trade office and possibly costs for advice and support.