Corporate or Startup Careers: Which Is The Best For You?
Do you see yourself finding fulfillment in climbing the corporate ladder of established organizations? Or do you prefer diving into ever changing roles of younger companies? Let us help you by shedding some light on what you should expect from both startups and mature companies, and how these will eventually impact your career.
Established companies usually follow a clear structure wherein the main focus is on getting the tasks at hand done. For most employees in these companies, they find it easier to master an expertise because of the time spent paying particular attention to the job versus startups wherein juggling various tasks that touch a wide range of disciplines is possible, maybe even encouraged.
Startups provide the opportunity to contribute in building the business from the ground up. Of course, with these opportunities of impacts, experiences, and lessons also come the accountability and responsibility of giving it your all. There will be sleepless nights, and there will be pressure. A startup is the perfect place to build upon skill sets and professional growth. If things go well, you’ll have a lot of opportunities for career advancement and growth with the company.
Established companies will, more often than not, offer the best practices of the industry and package it with a roster of mentors that you can learn from. These people will share a clear direction of the company, which typically makes the team more productive and multi-functional.
Startups allow employees to define company culture, which is one of the biggest factors for one’s length of stay. Because these companies are small, they get to create a bond with the entire team, allowing them to define goals and traditions that could set the tone for the company in years to come.
Established companies usually provide a higher-than-market-level salary and a number of benefits.
Startups are usually the opposite. They may have a lower-than-market-level pay and limited benefits, but in exchange, they could possibly give equity.
Established companies are more likely to offer the job security that people with a lot of obligations want.
Startups are really about taking risks. And assuming the business takes off, there is the sense of fulfillment of being a part of the process and great rewards, especially for pioneering employees.
It’s ideal to have experience in both sides, but when it all boils down to choosing one, do so with much thoughtfulness, and that includes considering where you will learn, thrive, and which of the two will align more to your preferences, career goals and the stage in your life. Whatever leap you take, do your best and the rewards will surely follow!