Jung und selbstständig: Krasse Schulden für ihren Traum vom Tanzstudio | reporter

Self-employed at 20: Batul loves dancing and has realized her dream of owning her own dance studio. To do so, she's taken on a mountain of debt totaling €60,000 – and several thousand more are added every month. She doesn't yet have enough members to cover her costs. The possible solution: taking out a loan. ☝🏼 Who's becoming self-employed? Being young and self-employed – around a quarter of Gen Z can at least imagine it, as independence and flexible working hours are particularly important to many. https://www.wmn.de/business/generatio... However, in 2022, only 1.19 percent of adult Germans actually founded a company. This low percentage is likely also related to the COVID-19 situation and inflation. https://www.kfw.de/PDF/Download-Cente... 💼 Migration histories can influence whether or not someone chooses self-employment. In 2021, the start-up rate among the migrant population in Germany was almost 14%, twice as high as the rate among the non-migrant population. Migrant women, in particular, are more likely to become self-employed than non-migrant women. This is due to a greater willingness to take risks and the prospect of social mobility—in some cases, however, a more stable alternative is simply unavailable to them. https://www.gemconsortium.org/file/op..., https://www.integrationsbeauftragte.d... 💡 Here are a few tips on self-employment: https://www1.wdr.de/mediathek/av/vide... 🤔 What does insolvency mean? Insolvency means inability to pay debts. In the case of first-time insolvency, debtors become debt-free after a structured debt reduction process of three years. During this time, income is limited to a fixed budget, and all other income is subject to garnishment. Certain contracts may not be entered into. https://www.schuldnerberatungen.org/p.... The funk format "reporter" ended on December 31, 2023. We have therefore disabled the comment function for further comments. If you have any feedback or suggestions for us, please feel free to contact us via our contact form: https://www.funk.net/kontakt ⚡ Chapter Overview: 00:00 – Owning a dance studio at 20: Batul went heavily into debt to achieve her dream 00:47 – €60,000 for renovations: How much money has gone into the dance school 01:25 – Dancing with heart and soul: This is where Batul pursues her passion 03:00 – Content warning: Depression, suicide: Batul had a difficult childhood 04:30 – Renovations, rent, fixed costs: What's Batul's financial situation? 05:34 – What does Batul need to become profitable? 06:00 – Why migrant women in particular are more likely to become self-employed 06:13 – What self-employment means to Batul 06:47 – What does the business consultant say about Batul's business plan? 08:15 – What happens in the event of insolvency? A debt counseling service explains. 08:46 – Insolvency is only a last resort. 09:23 – Free Zumba taster class: Batul fights for every member. 10:28 – Was the promotional campaign successful? 10:58 – Tara’s conclusion 🎶Music: Dominic Leo James Howard – Melonphonic Jorja Smith – Be Honest Amy McKnight, Henry Parsley – Roar Nina Chuba - Mangoes with chili Oh Love – Emilie Nicolas Benjamin Cullum, Karl Gordon – Hard Living Sophy Olivia Purnell – Precious Moments Ezra Collective – No Confusion J-JD – Ezangi Alewya – Play Daniel Haaksman ft. Çantamarta – Supervivencia Bustafunk – Relight the Fire Falana – Joy (Radio Edit) Adele Roberts, Andrew Powell – How we do it 🎞 Team: Elena Tara Bavandpoori, Tobias Bindler, Lisa Schöffel 👉 You can also find us here: Twitter:   / reporter   Snapchat:   / 3246991136   👉 YEAH! We're also part of #funk. Check it out: YouTube:    / funkofficial   Instagram:   / funk   TikTok:   / funk   Website: https://go.funk.net We have a heart for critics, but not for haters: https://go.funk.net/netiquette Experience real stories with us. Up close. Critical. Unfiltered. 💙 A new topic every week 🎥 #reporter is produced by WDR and funk. funk is a joint offering of the German public broadcasters ARD and ZDF. http://Go.funk.net/impressum