Self-Employment In The Travel Industry: Lifetime Dreams, Pitfalls, Tips

Why always a large corporation or tourist office? Self-employment and start-ups are often more exciting and fulfilling alternatives. But big opportunities also mean big risks. At this year’s ITB Berlin Convention, Maximilian Waldmann, CEO & Founder, Conichi looked at why most business concepts fail, and how one can successfully fulfil one’s lifelong dream. We asked him to tell us a little more about how the employment market is evolving in the tourism and hospitality industries

In our space, we are actively searching for driven and passionate individuals who have expertise in both the hospitality and simultaneously have digital minds.

The complexity we have to break through is bring our technology layer into the hotels and their SOPs – it’s always easier if you’ve been on both sides of the table. With our customers, we are observing the trend that they are continuously hiring younger tech- savvy employees who can spear- head their digital transformation.

You talk about “big opportunities – big risks” … do you have some examples?

I believe that there is no better time than now to setup a business and especially one in the hospitality space as the market continuously opens up. Everyone has the chance to de ne and steer an entire industry, shaping this for the good. Of course, there are risks of failing, but what does failing really mean? Either you do it again and better, you do something else or you go back to your old job. Really there is no risk – only opportunity costs. Many people believe the holy grail to building a successful start-up is a good idea, hence they protected this up to the last second.

Truth is, anyone can have an idea to setup a pizzeria, but the question is who bakes the best and who sells the most pizzas? So being a sunshine entrepreneur and having a great idea is one thing – executing it 12 hours every day is a different one.