There are many different risks that appear when working for startup companies. Over 75 percent of startups fail, so it is quite obvious that job security is something that is not a given, no matter how great the initial project is. Short-term risks are definitely high and the pay is not normally high when you are initially hired.
While the disadvantages are obviously numerous and should not be taken lightly, many are still highly interested in finding startup jobs. You have various different sites to help you find a startup job. The demand is high for these jobs, but why is that? Mainly: a startup job offers many advantages that often can't be found in other traditional jobs.
Motivating Growth Environment
One of the advantages of working for a startup company is that the companies will encourage individualism and creativity, and strict hierarchy normally doesn't really exist. This basically means that you will get a lot of freedom. The workers manage to directly influence the evolution of a startup, making this highly attractive for those that want to make a difference.
Working in a startup is something that is normally associated with risks but it is also something that is attractive because of the environment offered. Combine this with the potential growth that is much higher with a corporate job and you have something that is attractive for a large part of the population, especially younger people.
Attractive Extra Perks
The salary that you get in a startup job is normally lower than what you would obtain something else but the business owners do manage to attract many through extra perks. For instance, the company can allow you to work from home or can offer free meals. We can also highlight the fact that for many that look for a startup job it is the satisfaction of doing a really good job that is enough. While many work for salaries, some are attracted by other things.
Quickly Gaining Skills and Experience
The startup environment is naturally one that is sped up. You basically end up learning everything that you need to do in a much shorter period of time as you are forced to do this. Many skills can be gained and all those can be added to the CV.
A problem with the larger corporations is that job descriptions naturally limit duties. This is not actually the case in a startup since working there will force you to move to other duties and to constantly adapt. You can even end up mastering a brand new job, making you a lot more valuable for the future employer.
Should You Work For A Startup Company?
The truth is that working for a startup company is definitely not something that is for everyone. You may want to try it out though since startups can help you to grow at a much faster pace than regular jobs in large corporations. For many, this is the largest advantage associated with working for a startup.