Have you ever been approached or read an ad about a start- up business venture that interested you? You failed to take advantage of the opportunity only to find out a year or two later it is a very successful business. Do you avoid start- ups fearing that it might not be successful? Maybe the pay rate is not what you expect and for most that is a very important factor. As we contemplate over all of this when considering getting in on a start- up, let’s take time to consider the benefits as well.
There are many long- term benefits of working for a start- up. We all want growth in our career choices. You have the ability to grow substantially by showing off your skills. You will most likely be one of two or three personnel that do your job. As the business grows so do you! Most times when we join an established corporation it takes years to begin the climb up the corporate ladder if at all. Not to mention our peers whom we must compete with for that position that is high demand.
A start- up has many trailblazers and creators. Your opinion is often sought out, considered and implemented. This gives you the ability to use your skills, creativity and business savvy to help the company’s growth. How many times have you made a suggestion to help the company you work for and felt it was truly appreciated? How many think tanks has the company held and applied the beneficial ideas that were presented? A promising start- up will definitely have think tank sessions to consistently ensure its growth. These sessions are your opportunity to think outside the box and show how much of an asset you are to the company.
When seeking to gain experience, a start- up is the perfect place. Most times you will be taught new skills and asked to play many different roles. Learning new skills and implementing them on a daily or weekly basis allows you to increase your marketability within and outside that business. Your willingness to learn and work hard shines the spotlight on you when promotions are on the table.
Last but definitely not least the financial return. The pay may not be what you need or what you are seeking. Take the time to look ahead, as the start- up grows financially so does your pay rate. In the future, the company will have great financial incentives that those employed later may not have offered to them. Not only will you be paid a great pay rate but you may have stock options, bonuses, retirement and other financial benefits. Working for a start- up may not be financially rewarding at the ground level but let’s think about its future. It would be a great feeling to watch the business develop and to be a part of something great. All the hard work you put in in the beginning will pay off in the end.
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