As an entrepreneur, you are responsible for the founding, development and management of new business ideas and companies. This profession requires both creativity and strategic thinking to bring innovative products or services to the market and run them successfully. Entrepreneurs identify market opportunities, create business plans and steer their companies through all phases, from conceptualization to implementation.
In Germany, an Entrepreneur in Residence can expect an average annual salary of about €56,000, which corresponds to a monthly salary of about €4,667. Salaries vary between €49,300 per year (about €4,108 per month) and €68,000 per year (about €5,667 per month).
There is no set training to become an entrepreneur, but economic knowledge is often helpful. Many successful entrepreneurs have degrees in business, marketing or related fields. Additional experience through internships or relevant projects can also be beneficial.
Careers as an entrepreneur offer many options, from starting and running your own business to consulting for existing companies. Successful entrepreneurs have the opportunity to implement their ideas in various industries and can also build investors and their own startups. A strong network can facilitate access to finance and partnerships. There is also the possibility of working in incubators or accelerators, which offers valuable insights and resources.
