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What do I have to do to become self-employed?

03/01/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Learn about the legal forms for self-employment and decide which one best suits your needs.

2. Create a business plan to define your goals and your path to success.

3. Learn about the legal and financial requirements that must be met to start a business.

4. Open a bank account and apply for a tax number.

5. Set up an office or workspace and take care of the necessary equipment and software.

6. Research your market and think about how you can stand out from your competitors.

7. Create a marketing and advertising strategy to market your brand.

8. Take out all necessary insurance.

9. Conclude necessary contracts with customers, suppliers and other partners.

10. Don't forget to celebrate your success when you achieve your goals!

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Starting your own expert business - How do I find the right niche?

02/27/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Start by analyzing your interests, skills and experience. Make a list of the things you are good at, the things that interest you, and the things you enjoy most.

2. Look for connections between your interests, skills, and experiences. Identify your core competencies and look at what issues and problems you can solve with them.

3. Research areas where your specific skills are in demand. Look at what needs there are in the industry and what niches are not yet filled.

4. Think about what kind of expert you want to be. Decide whether you want to be an online or offline expert and what topics you want to offer.

5. Get a picture of your competition. Which experts offer similar services? What makes you different?

6. Use social media to build a presence and establish your expert status. Be active, network and build a community.

7. Create a business plan. Define clear goals and strategies for your expert business and think about your financial resources.

8. Use your networks to make contacts and publicize your expert business. Build a customer base through word of mouth and referrals.

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New customer acquisition made easy - with these tips to more deals

02/20/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Build your network: Attend events and conferences. Make yourself known at business meetings, trade shows and industry events.

2. Use social media: Use social media platforms such as LinkedIn, Twitter and Facebook to reach and network with more customers.

3. Provide value: post useful information, content and ideas that help your customers improve their businesses.

4. Establish a customer loyalty program: Offer your customers a loyalty program where they receive special benefits and rewards when they refer more customers.

5. Spread words of mouth: Ask your existing customers to refer new customers. This type of advertising is free and effective.

6. Offer customer discounts: reward your customers with discounts when they refer more customers.

7. Look for new markets: Probe new markets that might offer your products and services.

8. Be creative: think of new, innovative ways to attract new customers.

9. Focus on customer needs: Research customer needs and analyze how your business can meet those needs.

10. Invest in customer relationships: Invest in customer relationships to build customer loyalty.

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4 Day Week and Part-Time Founders - How to get more done in less time?

02/14/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

It all depends on how much work you want to get done in less time. Generally speaking, you have to work more efficiently to get more done. To do this, you can use a variety of methods, such as:

- Prioritize: Focus on the most important tasks and create a to-do list to track progress.

- Time management: plan your daily tasks to use your time more efficiently and productively.

- Multitasking: Try to do several tasks at the same time to save time.

- Automation: Automate your work, if possible, by outsourcing tasks to software or a service provider.

- Research: Use the time to learn about new technologies or strategies that can make your work easier.

- Digitization: Try to digitize your work by scanning documents and files and storing them online.

- Delegation: Consider if there are tasks you can delegate to save more time.

- Breaks: Take regular breaks to clear your head and increase your productivity.

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Build your own business without a big budget

02/12/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

It is possible to build your own business without having a large budget to do so. One of the most important things you can do is to use your ideas to create a business model based on your skills and expertise. This includes taking some basic steps such as opening a business account, creating a website, and building a good network.

It is also important to use your skills and knowledge to develop a business model based on your skills. This includes developing a product or service offering that will create demand and developing an effective marketing plan to promote that product or service.

It is also important to invest some time and energy to get the business off the ground. This means turning your ideas into a viable business model by researching concepts, opening a business account, creating a website, and networking.

Finally, it is essential that you have some basic skills in finance, accounting, and marketing. These skills will help you start and grow your business, and they are essential to succeed. If you don't have these skills, you can always read a book about them or take a course to learn them.

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