With so many startups coming up these days there is also seen a boost in the economy. They have also made the life of the people much easier, with people minting money by making everything available at your doorstep or just at a click away. In one line if we could define working in a startup, it would be a ‘High risk, high reward’ situation.
Let’s dig in the general culture of startups and how working in a startup can either make or break your life. Here are some pros of working in a startup:
- Ocean of learning: A startup can provide you with abundant experiences. You might be one person handling many responsibilities. Since a startup is establishing itself in the market, you will get ample opportunities to learn and explore new avenues.
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- Provides excellent exposure: Working in a new organization can help you dig into many areas where an established organization will not. There are many ways where you can expose yourself to new ways of learning, better ways of improving your work and productivity and also keep up with the new market trends.
- The possibility of an early growth: There are great chances that you have an early growth in your company given the wide exposure. A startup can give you faster growth as compared to an established company with a set ladder of hierarchy.
- Your inputs are welcome: When an organization is small and new, they are always looking up to new ways to expand their business. Hence, they are keen to welcome new opinions and ideas even if they come from a newbie.
- You can be experimental: A startup gives you an opportunity to be experimental in many ways which a well-set organization will not. So make use of all the creativity that you possess and carve a niche for yourself in a startup.
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These are some of the cons that do follow with the many pros there are while working in a startup:
- Be ready to take failure in your stride: You might be the sole person carrying out different roles that you don’t have prior experience in, in a startup. So if you invest in a project and unfortunately it fails, and if your boss is not game for it, you might have to take the entire blame. But we guarantee it will be a huge learning experience for you.
- You might be underpaid: Often startups are not so well-funded to provide their employees with the salary packages that a large, well-established organization can.
- Lacks proper facilities and policies: A startup can greatly lack in providing their employee facilities and benefits as compared to other organisations. But the perks can be in many ways different and more refreshing than usual.
- It can take a toll on your physical, mental and emotional comforts: A startup can require you to work long hours, without proper leaves for weeks or even months, if you are at a higher position. It can definitely drain you emotionally when you cannot relax and de-stress yourself and at the same time, you have to be innovative and productive at your job every single day.
- A startup can fail like anything: There are many instances when a startup can fail and the employees are left to wander around looking for a new job. It is even worse when there is no proper relieving letter and you might have to either show yourself unemployed for the time being or simply take a job beneath your profile.
With these pros and cons given, now you can take the desired call and be a master of your craft despite the size of your organization.
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