Starting a business

Entrepreneurship enables flexibility and self-realisation

If a 9 to 5 is not rewarding and flexible enough, you might want to consider harnessing your knowledge and skills as an entrepreneur.

  • At first, you can do so while still keeping a day job.
  • You can also turn your hobby into a business.

Starting a business

There are many ways to become an entrepreneur; you can offer various products and services (selling handicraft or preserves, offering cleaning or repair works, providing a childcare service, etc.) or operate as a freelancer in intellectual or creative fields (photography, design, paining-drawing-writing). You can also find additional work through modern sharing service solutions, such as Airbnb, Uber and Autolevi.

Here are the most important aspects to consider before quitting your day job and becoming an entrepreneur.

  • It all starts with an idea; use your resources

  • Start collecting start-up capital early on

  • Compile a business plan and set a clear goal

  • Learn the basics of accounting

  • Secure your back, sign contracts

  • Plan your working time and time off

Learn from the experience of others

A small entrepreneur: How to save time on side works and focus on expanding your business?

Get practical and valuable tips on saving from the financial wisdom Facebook group #Kogumispäevik and Instagram account @Kogumispäevik.