The step into self-employment opens wonderful prospects: no more trouble with boss and colleagues, the chance to finally line one’s own pockets, to enjoy more freedom as employees and the chance to earn a lot of money. The biggest motivation however should be to develop your creative power as an entrepreneur – to develop a business idea and to establish it on the market, to take over responsibility for yourself and your employees, to expand into new markets. Those mastering these challenges will experience a sense of achievement and self-realization employees will never experience.
These advantages however come at a price: Self-employed persons do not receive a fixed salary. They carry and feel economic risks. Profits and losses of their company have an immediate effect on their income. Self-employed can rise a lot higher but also fall a lot deeper than employees. Those setting up in business therefore have to know their risks, analyse them and have the corresponding strategies on hand because otherwise the founding of a business can become an incalculable game of chance. Of course good fortune is also part of a successful start. With the right preparation risks can be minimized and calculated. Champagne or water – entrepreneurs can decide what awaits them when they reach their objective of founding a business.