Frequently asked questions
What makes a successful entrepreneur?
Most people who make the move to self-employment are realizing a long-held dream. Unpredictable factors can make a project more difficult, but certain talents and personal qualities – such as tenacity, patience and a healthy level of ambition – always help. If you’re convinced your business idea will work, and you go about realizing it with the necessary confidence, drive and passion, you’re well equipped to go it alone in business.
How do I transform my idea into a business model?
Healthy scrutiny helps most here. What’s special about your product? Does it offer clear benefits compared to the competition? And can you convince your target market of these advantages? And when it comes to competitors – who holds the market share you’d like to claim for yourself? How large is their slice? In brief: good entrepreneurs know their competitors, their competitors’ products, the market and its potential. Our free business plan template can help you think through your business model in a structured way and back it up in document form.
What factors most affect success in the first few years?
A carefully drawn-up business plan is a good starting point. It will also help you set your milestones. Your next task will be to reach them step by step. Growth – that’s your main objective in the first few years. New clients, satisfied clients, trust, quality and performance. Keep an eye on your finances so you can always access the necessary liquidity. Our free business plan template helps you think through your business model in a structured way and back it up in document form.