Considering an opportunity at a startup?
When it comes to choosing the right workplace fit for you, there are many aspects that you should take into account. For many, the choice between a startup and a larger company can be pivotal. Each setting offers unique experiences, challenges, and rewards. Let’s dive into life at a startup to help you decide if it’s the right fit for you.
The Pros
- Equity
At a startup, employees often get the “lottery ticket” in terms of equity in the company. This means early access, and usually access to a larger portion than at a larger company. - Opportunity to wear many hats
If you’re the type who likes to do many things, as opposed to a single specialty, then startups are the perfect place for you. Working on a smaller team means more opportunities to get involved in every part of the process. It’s great for those who like to manage a lot of things at once, as well as for those who are eager to learn as much as they can in one role. - Be a part of something new
In a startup environment, you often encounter innovative, motivated people who are looking to make a difference or do something new. By being a part of a young company, you get the chance to see innovation flourish first hand, and can often play a role in the success of the company. While this may cause stress for some, it is an exciting opportunity for those looking to get involved in an exciting, high-paced environment. - Feel more involved
Overtall a startup is a chance to feel more involved in the every day processes of the company. You have chances to create processes, take ownership, work with a smaller team, which can often create a close-knit environment.
The Cons
- Equity might be worthless
Depending on the success of the company, your stake in it may end up holding no value at all. - Endless work
With smaller teams and many processes still being refined and optimized, the workload and processes can often feel overwhelming. Due to this, maintaining a proper work-life balance is imperative. - Uncertain future
Depending on the company, its size, the market, and countless other factors, the startup may succeed or fail. While this uncertainty carries a potential for success and excitement, it may also be disconcerting to others who are looking for something more definitively stable.
Ultimately whether or not a start up is right or not for you is a decision only you can make. However, keeping the above points in mind just may help you decide what is best for you. Best of luck in your search!
