Working For A Startup- Advantages, 4 Types And More
Working For A Startup – Startups are the rage of our last decade, and you can see the statistics that 100 million startups are setting up and investors are pouring billions of dollars every year. As a result, this tendency is heavy novelty around the world.
But also, these new companies need employees to work for them. In this sense, you may find yourself able to decide whether you should work for a new company or a company.
As a software developer who has experienced both types of businesses, I want to share my honest thoughts and opinions on the five benefits of working in a startup. These thoughts can change from company to company as there are many variations of startups, and we can’t factor in luck either.
1) Gain Extensive Experience And A Variety Of Skills
The most significant advantage of working in a startup is the experience factor. Whatever happens in this company, they need you to work in different fields, whether your profession or not, because many startups manage scarce resources and can’t spend theirs easily. Because of this, I found myself developing websites, hosting them on servers, working on their logo design without specific job descriptions, even though that’s not my job. Instead, I was the frontend, backend, DevOps developer, designer, and even the recruiter when they needed me this. Of course, when you handle these many different positions, you inevitably mature and gain skills that are not possible in companies. But you also have to be open-minded, straightforward, and willing to step out of your comfort zone to get this experience.
Also, companies can have mindless working hours, which means you can sit in front of your computer without being assigned a task. But in startups, you can always find some other pending job to do.
In companies, you can only see people in your department. So sometimes, you may find yourself living in an aquarium without knowing what other departments are doing. But in startups, you’ll most likely work side-by-side with everyone in your company.
2) Higher Risk, Higher Return
Statistically, 90% of startups fail, so unlike businesses, working for startups carries a higher risk of failure, meaning you can lose your job, get late pay, or none at all. But it also comes with a bigger payment if your startup business is successful.
In this case, you can get stocks, bonds or even a partnership from your company that will change your life. If none of these awards were given, there is the possibility of finding another position with a promotion in another company due to their startup experience, which probably does not happen in companies.
There is much more competition for titles in business, and your hard work may go unnoticed as you may not be pretty value or interests in politics. In this case, I can honestly say that most startups will treat you fairly and rate your performance fairly. It means that you can earn your promotions or titles more quickly than the company’s.
3) Work In A Friendly Environment
Most startups have a work environment with less than a handful of people. Also, most of the time, they have over time. It means that you will spend most of your time with your colleagues rather than your family and friends. This inconvenience can have a surprising result like a friendly work environment and even a long friendship.
If you are lucky, you can work in an office where you don’t have to put on a mask every day but can be yourself with your colleagues who accept you with your true personality. Then, after a few months, you’re joking without thinking and sitting at your desk like you’re at home.
But most companies expect you to have a formal demeanour, and most of the time, your employees can only be employees in your life.
4) Job Satisfaction
If you compare your work in a setup and a company in terms of the exit perspective, I can say that in startups, your daily work has a greater impact on the product. Because you might be the only frontend or backend developer coding every day, and without red tape. You might deploy your code whenever you say you’re ready. I know it sounds a bit scary, and there’s a lot of responsibility involved, but it’s priceless in terms of job satisfaction.
Even with startups, you will most likely be involved in the project from the startup phase. If you’re lucky, you’ll see all product phases. From requirements gathering and design to implementation and maintenance. Inevitably, these will give you unbelievable job satisfaction.
If we compare this sensitivity with working in companies, you participate in a very small thing or something big. Most of the time, you find it difficult to see the big picture, and even when you have completed your task. It can take weeks to implement due to bureaucracy. So I think it will decrease your job satisfaction.
Of course, companies can benefit from many other advantages in terms of private health insurance and old-age provision. Working For A Startup . Look at the bright side of startups; chances are you have flexible hours, no dress code, remote work opportunities. And no boss-subordinate relationship. Also, your boss or co-workers won’t complain about the time you spend in your chair but will be interest in your performance.
Another advantage of startups is the communication factor. They can easily communicate face-to-face, or worse, they can use flexible channels. But most of them expect formal emails to do so in business.
By analyzing this article, I hope that you will have some opinions about what it is like to work in setups. Again, I want to about that my opinions aren’t set rules, but they can help you if you’ve never worked in a startup before.