Business Fit Magazine March 2019 Issue 1 | Page 34

Business Your reaction will probably be “what?” and you would ask us to explain in more detail. Don’t feel like you’ve missed the latest business trends or social media news if this term does not ring a bell, in fact it is meant to be something new that gets you thinking. Compa(g)neur is a mix of the terms company and entrepreneur and the (g) is for pronunciation purposes and association with companion. Pronounce it like you would pronounce the word champagne. Enough about the word, let’s talk about the meaning and why we have developed the term. As start-up entrepreneurs with corporate experience we often felt that people – in business and elsewhere - were making a distinction and even rating one over the other. Employees reminding entrepreneurs how hard an entrepreneur’s life is: no security, no vacation and no one to finance your sick days. Entrepreneurs can counter by saying that an employee lacks freedom, cannot work while sitting on the beach and always works for someone else (millionaire dreams remain a dream). Are you a Compa ( g ) neur? Maike Benner & Lilli Rohde (MaLish) We as MaLish on the other hand, believe that having experience in both is our greatest asset and that it’s a great opportunity nowadays to combine both, transition from one to the other and back. We are thankful for having experienced the “typical corporate stuff” like structure and hierarchy. Vision, mission, strategies being developed, implemented, discarded. Being evaluated and formed and working with colleagues from different departments and countries. What is great about entrepreneurship is the autonomy and that we have to do everything on our own, diving deep into topics unfamiliar to employees: Acquiring customers, tax and 34 legal aspects, building networks, strategising, implementing social media strategy for branding and marketing, speaking in front of people and the camera. During our Malish journey we have acquired so many skills to add nicely to our corporate experience, which we can now give to other (young) entrepreneurs, employees and people in transition between both. When you’re reading this, and you are an employee – you may reflect on whether you like your current job. Are you happy in your position? Or are you thinking about changing your job or even starting out somewhere else? When you’re reading this and are an entrepreneur – have you already started your business or are you thinking about taking this step? Is your business plan bullet proof or do you have no idea where to start? Or has your business already been launched and you want to sharpen your market appearance or even move to another market segment? Or do you need a helping hand to develop new sales strategies? Whether you are one or the other or even in transition between the two phases of your life, many questions pop up; decisions need to be made as well as investments – and this is not only money, but also time, energy and priorities. What are the first steps for a successful business? 35