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Entrepreneurship in Banking Consultancy and Anti-Money Laundering Prevention: A Visionary Decision

Entrepreneurship is a journey filled with challenges and successes. Since August 2022, I have been successfully working as an independent consultant, and each day brings new insights and opportunities. But what motivated me to embark on this path, and what factors speak for and against entrepreneurship in Germany?

Initially, there were many questions and considerations that accompanied me: uncertainty about project availability, acquiring clients, and navigating administrative complexities. Despite these challenges, I took the plunge. Why? Because entrepreneurship was a goal I aimed to achieve in my professional life, and I had no doubts about my decision.

My professional background includes assisting banks and financial institutions in compliance and anti-money laundering efforts. Previously, I served as the Head of Central Compliance at Trade Republic, where I built a team of 22 individuals and established various compliance functions. With over 13 years of experience in financial markets consulting and regulatory matters, coupled with recent experience in brokerage and the startup sector, I have accumulated a broad spectrum of expertise.

The decision to become self-employed was a well-considered and determined choice. It required courage, but the conviction that I could leverage my skills and experience to add value to my clients motivated me. Through dialogue with other entrepreneurs and thorough research, I found answers to my questions and concerns.

In the initial months of entrepreneurship, doubts and uncertainties prevailed. However, with each new challenge, my confidence grew. I acquired clients, successfully completed projects, and established a reputation in the industry. Today, I look back proudly at my decision to become self-employed. Each day brings new challenges and opportunities that I tackle with enthusiasm and dedication.

So, what are the pros and cons of entrepreneurship in Germany? On one hand, it offers freedom, self-fulfillment, and the opportunity to build something of your own. On the other hand, there are administrative hurdles and uncertainties regarding project availability and client acquisition. Yet, my experiences have shown that the path to entrepreneurship may be rocky, but the opportunity to realize my professional dreams is worth it.

If you’re considering taking the leap into entrepreneurship, I encourage you to pursue your dreams and believe in your abilities. Entrepreneurship offers opportunities that you may not have otherwise. And if you feel unsure or need support, I am here to assist you as a coach and consultant. Together, we can define your goals, overcome obstacles, and chart a path to success. Sometimes, all it takes is one step outside your comfort zone to achieve greatness. Dare to live your dreams!

Service: In the field of Expert Placement and Coaching, I offer tailored support to assist you in staffing specialist positions and enhancing your team’s capabilities. Specializing in compliance and anti-money laundering (AML) practices within the banking sector, I am here to help you find qualified experts and strengthen your team through coaching and training sessions.

Feel free to reach out to me for customized assistance in achieving your compliance objectives and fostering the growth of your workforce.

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