{"id":1413,"date":"2025-03-07T15:33:33","date_gmt":"2025-03-07T13:33:33","guid":{"rendered":"https:\/\/sisu.ut.ee\/karjaarivarav\/?page_id=1413"},"modified":"2026-04-09T20:18:05","modified_gmt":"2026-04-09T17:18:05","slug":"entrepreneurship","status":"publish","type":"page","link":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/entrepreneurship\/","title":{"rendered":"Entrepreneurship"},"content":{"rendered":"<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Could you become an entrepreneur?<\/strong><\/h5>\n\n\n\n<p>If you want to become an entrepreneur, think about why you want it and what is important to you. Find out more about business opportunities, seek advice and take time to think. A successful entrepreneur can be someone with years of (work) experience or a recent graduate. It is just a matter of getting started, applying the knowledge and skills you already have, and learning and growing from experience.<\/p>\n\n\n\n<p>Undoubtedly, each entrepreneur is unique in their personalities and attitudes, but they also have common characteristics. For example, being an entrepreneur means being autonomous and independent, being creative, creating change and solutions, taking responsibility and risks, etc. Entrepreneurs are also often described as <em>open-minded, committed, persistent, flexible, motivated, ambitious, proactive, curious, determined, self-aware, resilient, willing to fail and able to learn from failures<\/em>, etc.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"table table-hover\"><tbody><tr><td><strong>A moment of reflection:\u00a0<\/strong>Which descriptions in this list apply to you?<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Regardless of the sector, entrepreneurship requires business knowledge and a willingness to learn, as well as generic skills such as communication, decision-making and adaptability, systematic thinking and learning, and, of course, people and process management. The development of knowledge and skills is a lifelong process that takes place at university, in continuing education courses, with the help of experienced colleagues, through (business) experience, etc. It is important to learn from success stories as well as from failures.<\/p>\n\n\n\n<p>However, not everyone needs to become an entrepreneur. It does not have to be your first choice after graduating. It is an opportunity to gain initial experience, skills and knowledge as an employee, and to build self-confidence. If, over time, you become more and more interested in challenging yourself, it is probably time to look into starting a business.<\/p>\n\n\n\n<p>If you are contemplating starting a business, consider the following topics to better understand what is really important to you. Think about your experiences so far and future scenarios, talk to your family and, if possible, talk to a career or business counsellor. Working with a mentor can also help you to develop your business ideas and plan your next steps. There are different forms of mentoring for different purposes. See examples and read more about mentoring on the websites of the <a href=\"https:\/\/ut.ee\/en\/mentoringprogramme\">UT mentoring programme<\/a>, the <a href=\"https:\/\/mentoritekoda.ee\/\" target=\"_blank\" rel=\"noreferrer noopener\">Estonian Chamber of Mentors<\/a>, <a href=\"https:\/\/www.arenduskeskused.ee\/mentorlusprogramm\/\" target=\"_blank\" rel=\"noreferrer noopener\">county development centres<\/a>, the <a href=\"https:\/\/nula.kysk.ee\/en\" target=\"_blank\" rel=\"noreferrer noopener\">NULA incubator development programme<\/a>, and centres for creative industries, etc.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/sisu.ut.ee\/wp-content\/uploads\/sites\/644\/Factors-that-help-or-hinder-becoming-an-entrepreneur.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Exercise: Can I become an entrepreneur?<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n<div class=\"accordion-block mb-3\">\n\t\t<div class=\"accordion \" id=\"accordion-accordion-69d9f9868cae8\">\n\t\t\t\t\t\t\t<div class=\"accordion-item accordion-item--blue\">\n\t\t\t\t\t<h2 class=\"accordion-header\" id=\"accordion-69d9f9868cae8-heading-1\">\n\t\t\t\t\t\t<button class=\"accordion-button collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#accordion-69d9f9868cae8-collapse-1\" aria-expanded=\"true\" aria-controls=\"accordion-69d9f9868cae8-collapse-1\">\n\t\t\t\t\t\t\tTypes of entrepreneurship\n\t\t\t\t\t\t<\/button>\n\t\t\t\t\t<\/h2>\n\t\t\t\t\t<div id=\"accordion-69d9f9868cae8-collapse-1\" class=\"accordion-collapse collapse \" aria-labelledby=\"accordion-69d9f9868cae8-heading-1\">\n\t\t\t\t\t\t<div class=\"accordion-body\">\n\t\t\t\t\t\t\t<p>Entrepreneurs operate both as companies and as sole proprietors\/sole traders. Companies in Estonia include the general partnership, limited partnership, private limited company, public limited company, and commercial association. Sometimes it is useful to set up a non-profit organisation to help you realise certain entrepreneurial ideas.<\/p>\n<ul>\n<li>In the state portal eesti.ee you can read about <a href=\"https:\/\/www.eesti.ee\/eraisik\/en\/artikkel\/doing-business\/establishing-a-company\/comparison-of-each-form-of-business\">starting a company and see the comparison of each form of business<\/a>.<\/li>\n<li>Useful advice for starting entrepreneurs are also available on the <a href=\"https:\/\/www.emta.ee\/eraklient\/e-teenused-maksutarkus\/maksu-ja-tollitarkus\/mida-peab-alustav-ettevotja-teadma\">website of the Tax and Customs Board<\/a> (in Estonian).<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>If you have decided to become an entrepreneur<\/strong><\/h5>\n\n\n\n<p>Once you have made the decision to become an entrepreneur, you need a business idea and a business plan. It is equally important to find funding, to know how to market your product or service and to deal with sales and financial reporting. If you set up a business on your own, you will probably have to do more or less all the work yourself. Together with partners, however, you can share responsibilities according to their competences.<\/p>\n\n\n\n<p>Be prepared to invest a lot of time and patience to learn about the market and competitors, find funding and partners, build trust and acquire necessary additional knowledge.<\/p>\n\n\n<div class=\"accordion-block mb-3\">\n\t\t<div class=\"accordion \" id=\"accordion-accordion-69d9f9868d0eb\">\n\t\t\t\t\t\t\t<div class=\"accordion-item accordion-item--blue\">\n\t\t\t\t\t<h2 class=\"accordion-header\" id=\"accordion-69d9f9868d0eb-heading-1\">\n\t\t\t\t\t\t<button class=\"accordion-button collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#accordion-69d9f9868d0eb-collapse-1\" aria-expanded=\"true\" aria-controls=\"accordion-69d9f9868d0eb-collapse-1\">\n\t\t\t\t\t\t\tIf you feel like you need support:\n\t\t\t\t\t\t<\/button>\n\t\t\t\t\t<\/h2>\n\t\t\t\t\t<div id=\"accordion-69d9f9868d0eb-collapse-1\" class=\"accordion-collapse collapse \" aria-labelledby=\"accordion-69d9f9868d0eb-heading-1\">\n\t\t\t\t\t\t<div class=\"accordion-body\">\n\t\t\t\t\t\t\t<ul>\n<li>take an entrepreneurship course(s) at university to develop your entrepreneurial thinking and skills, choose the <a href=\"https:\/\/ut.ee\/en\/content\/curriculum-structure\">curriculum of Economics as a minor specialisation<\/a> or take advantage of <a href=\"https:\/\/ut.ee\/et\/uksikud-ained-tasemeoppe-oppekavadest\">continuous education opportunities<\/a>, get involved in student projects and organisations that interest you;<\/li>\n<li>contact, for example, the <a href=\"https:\/\/www.arenduskeskused.ee\/\">network of county development centres<\/a>, which provides information, training, advice and mentoring for start-ups, Enterprise Estonia, which offers <a href=\"https:\/\/eas.ee\/ari-arendamine\/\">support services<\/a> or the Estonian Unemployment Insurance Fund, where you can apply for a <a href=\"https:\/\/www.tootukassa.ee\/en\/services\/starting-business\/applying-evat\">business start-up subsidy<\/a>;<\/li>\n<li>involve partners with the necessary skills and resources, time and money;<\/li>\n<li>start testing and developing your business idea in your spare time. Later, you can decide whether to make it your main or secondary activity;<\/li>\n<li>work for a while in someone else\u2019s company before you go ahead with your business idea and gather knowledge, skills, experience, money and contacts.<\/li>\n<\/ul>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"accordion-item accordion-item--blue\">\n\t\t\t\t\t<h2 class=\"accordion-header\" id=\"accordion-69d9f9868d0eb-heading-2\">\n\t\t\t\t\t\t<button class=\"accordion-button collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#accordion-69d9f9868d0eb-collapse-2\" aria-expanded=\"true\" aria-controls=\"accordion-69d9f9868d0eb-collapse-2\">\n\t\t\t\t\t\t\tIf you have already set up your own business, you can get advice and help from a range of programmes:\n\t\t\t\t\t\t<\/button>\n\t\t\t\t\t<\/h2>\n\t\t\t\t\t<div id=\"accordion-69d9f9868d0eb-collapse-2\" class=\"accordion-collapse collapse \" aria-labelledby=\"accordion-69d9f9868d0eb-heading-2\">\n\t\t\t\t\t\t<div class=\"accordion-body\">\n\t\t\t\t\t\t\t<ul>\n<li>business incubators all over Estonia help develop your idea into a successful enterprise. For example, <a href=\"https:\/\/teaduspark.ee\/en\/\">Tartu Science Park<\/a> and <a href=\"https:\/\/www.tehnopol.ee\/en\/\">Tehnopol Science and Business Park<\/a> support the creation of research-intensive businesses; in Tartu you can participate in a <a href=\"https:\/\/lmk.ee\/en\/incubation\/\">programme of the Tartu Centre for Creative Industries<\/a>, and for social entrepreneurship start-ups, the <a href=\"https:\/\/nula.kysk.ee\/en\">development programme NULA Incubator<\/a> can help;<\/li>\n<li>entrepreneurship accelerators support start-ups and their development. For example, Enterprise Estonia offers the <a href=\"https:\/\/eis.ee\/en\/services\/programme-for-applied-research\/?context=ettevote-eestis\">programme for applied research<\/a>, <a href=\"https:\/\/eis.ee\/en\/innovate-and-safeguard-your-business\/?context=ettevote-eestis\">knowledge and technology transfer services<\/a>, the <a href=\"https:\/\/eis.ee\/en\/services\/euroopa-horisont\/?context=ettevote-eestis\">EIC Accelerator<\/a>.<\/li>\n<\/ul>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Could you become an entrepreneur? If you want to become an entrepreneur, think about why you want it and what is important to you. Find out more about business opportunities, seek advice and take time to think. A successful entrepreneur &#8230;<\/p>\n","protected":false},"author":346,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-1413","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/pages\/1413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/users\/346"}],"replies":[{"embeddable":true,"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/comments?post=1413"}],"version-history":[{"count":6,"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/pages\/1413\/revisions"}],"predecessor-version":[{"id":1927,"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/pages\/1413\/revisions\/1927"}],"wp:attachment":[{"href":"https:\/\/sisu.ut.ee\/karjaarivarav\/en\/wp-json\/wp\/v2\/media?parent=1413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}