To become an entrepreneur, first of all you need to found your own business. But entrepreneurship is more than just becoming self-employed – it is characterized by recognizing and seizing market opportunities and implementing them profitably. This includes the coordinated use of resources as well as the calculated assumption of risks. Entrepreneurship therefore involves a three-step process consisting of identifying market opportunities, developing business ideas and implementing them.
The term “Entrepreneurship” stands for the entirety of entrepreneurial action and thinking.[1]
The distinctive signs of entrepreneurship are characterised by activity and a positive attitude towards change. This also includes the perception of market opportunities, their use and profitable implementation as well as the analysis of risks and their coordinated and calculated handling. An entrepreneur is a person who turns new ideas and inventions into successful innovations.[2]
[1] https://www.gruenderszene.de/lexikon/begriffe/unternehmertum?interstitial
[2] according to: Joseph Schumpeter
We want to make you familiar with some country specifics regarding becoming an entrepreneur as well as with some support offers for aspiring entrepreneurs in