die Existenzgründung, -en
start a business · business startup
The German word "Existenzgründung" is a compound noun made of two parts:
- Existenz: existence, livelihood
- Gründung: founding, establishment
Existenzgründung means the founding or establishment of a new business or livelihood, typically referring to the process of starting a company or becoming self-employed.
Similar words include:
- Firmengründung (founding of a company)
- Unternehmensgründung (business start-up)
Difference:
"Firmengründung" and "Unternehmensgründung" specifically refer to the creation of companies, while Existenzgründung emphasizes not only the establishment of a company but also the individual's livelihood or economic existence through self-employment or entrepreneurship.
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Examples
Die Existenzgründung ist nicht leicht.noun
Starting a business is not easy.
Viele junge Menschen planen eine Existenzgründung, um unabhängig zu sein.noun
Many young people plan a business startup to be independent.
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