Get off to a flying start as a Youngpreneur

Organization as a recipe for success for young entrepreneurs

We recommend that you organize yourself well from the start in order to do justice to your existence as a Youngpreneur. Here we give you some tips on how to optimally find your way in your everyday life as an entrepreneur and as a student and what you need to consider in doing so.

• Home-based Businesses
• Time Management
• Set realistic goals
• Use your experience
• Be self-confident
  

How to run your business from home

One way to create harmony between self-employment and studies, job and leisure time is to have a home-based business. Many youngpreneurs run their business from home and have a home-based business.

Not every business idea is suitable for a home office. So you have to decide for yourself which is the right path for you. Of course, not every product or service offered can be operated from home. You can run your own online shop or job placement platform from the comfort of your home office. However, setting up your own consulting firm or carpentry business at home is difficult in most cases.

In any case, we recommend that you have a clear and structured organization in place to manage your time.

Tip: It's worth deciding on the domicile of your company before you set it up, to avoid having to change domicile later.

Create a weekly plan

As a Youngpreneur, you are not only an entrepreneur, but also a student, apprentice or otherwise employed. So you run your own business and at the same time you still have university or school obligations to fulfill.

That's why it's important to have your time management under control and to create a weekly schedule. This is where you enter all your important appointments and have an overview of what's coming up. Make sure that you don't fill your plan with unnecessary details so that you can maintain clarity.

Whether you keep your weekly schedule digitally or on paper is entirely up to you and your preferences.

Set yourself realistic goals

Not every newly founded company grows rapidly from the outset. That's why you should set yourself challenging but, above all, realistic goals that don't put you under enormous pressure. That way, you can also celebrate small successes and be happy about small steps forward.

Setting goals is how you ensure that your business continues to develop. As you achieve your goals, you should set new challenging and realistic goals for yourself to take small steps forward.

Such goals might include, for example, the number of products or services sold or the development of a new product. It is important that you set your own personal goals while also keeping up with other competitors.

Use your network as a student

As a student, you have access to a network that you should definitely use. Universities and colleges offer you opportunities and resources that you will no longer have access to later on.

That is why we recommend that you take advantage of them. For example, you can discuss your business idea with lecturers and practitioners, benefit from valuable tips and, if necessary, from their network. Your current fellow students may include potential future business partners or a possible co-founder.

Find your own identity and be self-confident

During the preparation phase, you have already been able to get to know yourself better through self-analysis. You know where your strengths and weaknesses lie. Now think about who you are: What are your values? What drives you? What do you want? What is your entrepreneurial identity and motivation? Don't let your fears drive you, but be self-confident about yourself and your abilities. It's good to think outside the box. All entrepreneurs are different and it is their uniqueness that sets them apart.

In reference to Grichnik's “Entrepreneurial Living - Unternimm dein Leben”.

Training allowances for the self-employed

In principle, training allowances of at least CHF 250 per month are paid to students aged between 16 and 25, up to a maximum of the end of their training. In some cantons, these allowances are higher.

The education allowances are paid to the person who has or had parental responsibility until the age of majority. Entitlement ceases as soon as the gross earned income of the student exceeds CHF 28,440.

Outsourcing - Submit the paperwork.

Focus on your core business – we'll take care of the paperwork. Our trustees and lawyers will support you with your accounting and tax returns. This leaves you free to focus on the essentials with your valuable time.

Accounting with our subsidiary and trust company Findea AG enables you to have completely digital accounting, where you can find all your documents in the cloud. This means you can also check your figures outside office hours.

Further information can be found at www.findea.ch