Working for a startup is becoming a new trend and also an opportunity platform for young professionals. After completing the field of study, young professionals are willing to join a startup company to enhance their growth opportunities.
In the last few years, the average number of startups has grown impressively, and the average is sticking to 400,000 per year. This particular number suggests a massive increase in the startup trend.
Especially after the pandemic, people have lost faith in their traditional working process and started to believe in the unconventional, unstable, and challenging working process of startups.
This article will lead you to the ultimate understanding of working in a startup company. Whatever the trend is, we must be open to accepting the consequences.
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Pros Of Working In A Startup
A startup company is always vulnerable to the mean consequences of the business market. Therefore, understanding the fors and againsts of working in a startup company can help us to be ready and prepare ourselves with a significant mindset.
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Here are a few advantages of joining a startup company.
1. Opportunity To Learn
In a startup company, you will get an immense opportunity to learn new things continuously. In traditional and already established organizations, everything is there, and they work in a conventional way. So the chance of bringing innovation and learning new things is there in startups.
2. Work Flexibility
In general, a startup company does not follow a traditional 9 to 5 working process. They work for their needs, and thus, there is no necessity to work thoroughly. Instead, you can work as the flexible runner of the business.
3. Cool Environment
There is no particular decorum or any particular room for making an office environment. You might find a room of your choice in a startup company. On the other hand, you will not have to maintain any formal dress or wear specific shoes, and there will be no direction from your company.
4. Impact Of Work
If you are working in a famous company, there will be no one to realize the impact of your single practice for specific projects. But if you consider working in a startup, remember you are on your own, and you have the best chance to place a significant impact on the company.
Cons Of Working In A Startup
Apart from the advantages of the startups, you might have to consider a few disadvantages of it.
1. Unsure Job Security
When you are considering a startup as your future career, you are probably forcing yourself towards a risky path. This is because you will not find any job security or any vision for a stable future. So, be sure while going to adopt this as your career path.
2. Heavy Workload
A decorated and famous firm always has the tendency to share work properly between the employees. In a startup, there is no chance to assign you to a particular work. You might have to look for various operations at a time, and thus everything is on you, the pressure, the tension.
3. Lack Of Structure
We have already discussed that there is no proper decorum in such startup offices, and that was among the advantages. But here lies the problem with the lack of structure of your company for various operations. The work pressure becomes higher when there is no proper structure to maintain the various operations.
4. Lower Salary And Fewer Benefits
In this competitive market and within the crowd, it is not possible for a startup company to give you your desired salary. Moreover, you will not get the whole benefits of being an employee in an organization. You are not in a decorating firm, so don’t expect corporate benefits and a usual salary hike.
Is A Startup Job Right For You?
Coming to the main question, which is probably in your mind, a startup is not an option for you if you are just seeking stability. In contrast, a startup is for those young professionals who have the ability to take any challenge and pressure and want to learn things by getting out of their usual box of knowledge.