21/10/2021

Tannochbrae

Built Business Tough

Are the youths in Germany reputed for their entrepreneurial skills?

Starting a business is an activity that attracts most people. There are different reasons why people want to start a business of their own. It could be as an additional source of income, knowing that when a business is properly started, it could be a great future investment. Companies that are multinationals and now worth billions of euros sometimes start in a single room or the basement of a house. It is the right ideas, the right strategies, hard work, proper implementation of strategies, access to needed funds when needed, assembling the right team and long-term dedication to the business among others that results in the growth of the company.

Some people also start businesses because they want to be free. As an employee, your employer determines a lot of things for you. As an employer, you determine a lot of things for yourself and your employer. However, if you are looking for freedom, you can be sure that you would first have to work hard for a very long time before your business can afford you to have the freedom of time you seek. You should also know that the lesser you work even at that time will hurt the growth of your company over time. However, starting a business is often a good idea as it is a great legacy you can leave for your children. The same applies to people leaving in Germany. Hence, Germany is a company that has a lot of youths that have not only been reputed for their entrepreneurial skills but there are many companies founded and managed by youths that are doing well.

When starting a business, one of the major things is to get the supplies you will need to start the business. You should read reviews about companies on reviewsbird.de to know the best companies to patronize for your business and where to get them. You will also require a website where you can put your products and services for sale online or at the very least, provide some information about your business. You should read about hosting providers in Germany to know the right company to patronize for your web hosting needs based on the experience of other Germans with the company.

Many reputable companies in Germany are known across the world that was started by young people. Some of such companies started over 100 years ago and are now household names. For example, Hugo Ferdinand started Hugo Boss in the year 1924 when he was just 39 years old. Today, the company continues to sell luxury fashion products to people all over the world.

Another reputable entrepreneur in Germany that started at the age of just 22 was Karl Hans Albrecht. He was born in 1920 and by 1946, he established a discount chain of supermarkets in partnership with his brother. They were disrupted by the war in 1945 but bounced back after the war. In 1961, he had a dispute with his brother and split.   He died in the year 2014 and had more than 10,000 stores in 18 countries. He was also the richest person in Germany at the time of his death.

If you are a German, a foreigner in Germany or an individual in any part of the world, you are young and you have ambition and dreams of starting a company, the best time to start is now. The earlier you start, the more time you will have to nourish the company and watch it grow.