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One of the great aspects of working is all the exciting options and opportunities that exist in today’s job market. A great example is the difference between working for a startup company versus a large corporation.
Startups
As new companies with big dreams, startups can easily be the exciting choice for those seeking a dynamic career option. Being in on the ground floor of a business can give you more flexibility with the work you do, allowing you to help define your role and discover your talents. Typically, startups have a better sense of community. There’s a greater atmosphere of “we’re all in this together,” so employees at a startup tend to be close friends and inspirational team players.
The potential for great benefit or failure is also an ever-present risk. For example, if a startup takes off, you may leap ahead on your career path to being company CEO and raking in a huge salary. The spotlight will be on you, which is great if you and the startup are successful. On the other hand, if the startup does not do well, your income may take a huge hit, and you may be marked with the failure. Future employers may be hesitant to offer you jobs, and you may need to work your way up a much steeper career path.
Corporations
A large corporation also has advantages. You would be joining a well-established organization that has positive name recognition and a solid reputation. It may take a bit longer, but this path of less resistance should lead you to a successful career and gradually increasing salary with benefits from your first day on the job.
The more difficult adjustment will most likely be fitting in with the existing corporate culture. Organizations, like people, have personalities. Some of these characteristics will be favorable to you, but others may make you a bit uncomfortable. For instance, maybe you enjoy the opportunities provided by the dynamic culture of change at the large corporation; however, the top down, micromanagement of your role may make you want to rebel.
Entrepreneur or Intrapreneur?
Both of these contexts can be excellent experiences for an up and coming professional. There is also no reason why you can’t get some experience in both, maybe enjoying the entrepreneurial experience of working for a startup as a college intern or part-time outside of your regular position while enjoying the stability a large corporation may provide. Often within a large corporation you can carefully distinguish yourself with an intrapreneurial approach to your role. Most organizations appreciate employees who can not only perform their daily job duties, but who can also innovate and promote new ideas.
Understanding the distinction between working for a startup and working for a large corporation can help you make a wise decision about which approach is right for you. Whatever path you choose, enjoy the opportunities presented to you.