Pros and Cons of working in a startup

Pros and Cons of working in a startup2KThe 3 types of colleagues you wish werent at your Christmas partyThe freelancers guide to ultimate productivity with Mac OS2. The office spacePros+ Interaction. Startups usually work in shared spaces which allownetworking with other people from other geschftlicher umganges who can encourage the flow of creative ideas. fruchtwein startups tend to work closely together, build their community and share ideas and ways of improvements with each other.+ Closeness. To work in a smaller office space stimulates more conversations. This leads to getting to know the real person in each one of your co-workers. And that leads to deeper friendships. There is nothing better than working with friends, people who understand and support you.Cons Lack of concentration. As much as it could be positive that there is always someone around, it could also be a negative. Small space office could create tension between gruppe members and also decrease their productivity. 3. Smaller teamPros+ Communication. In a smaller team, it is easier to interact with one another and it also allows each team member to get to the right person and get answers they need much faster. Also, team meetings tend to be shorter because there is a smaller number of team members who need to report/discuss the issue. Like that everyone has more time to focus on their own tasks. Furthermore, it is easier to keep everyone up to date with changes, decisions, and due dates.+ Focus. Smaller groups of people tend to focus more on the tasks they are given and put more effort into their assignments. They realize that their output depends on their efforts and it allows them to take ownership to the results. It is also easier for the founders to focus on each person individually and provide help where needed.+ Motivation. Startups usually consist of people who come from different backgrounds, however, share the same goal and usually are passionate about similar things. They strive for knowledge and have a lot of will to make the company successful. This kind of people create an environment which drives the team forward.+ Decision making. In a startup, when any changes are about to be made, you will always be able to share your opinion and contribute to decision making. Like that the startup team members feel like they are a valued part of the company and it increases their morale and motivation.+ Organizing events together. If the team is smaller, it is much easier to organize different activities together and ensure a 100% attendance. It could sound like a cliche, but a startup follows the rule Work hard, play hardCons The amount of work. Workload many times outweighs the number of people in a team and there are times when everyone is too busy to help others with their tasks and problems. Employees could get confused, tired and overwhelmed.4. Self-developmentPros+ Productivity. In a startup, it is a must to self-teach yourself on many topics. A lot of times the re are situations when one person wears many hats and needs to do something theyve never done before. Getting out of a comfort zone is a part of everyday life in startups.+ Embracing mistakes. Everyone in a startup ends up making a mistake at some point. It is exactly because they do things they only read about and never tried doing in real life. One mistake can affect the business hugely, but it can also provide an invaluable lesson which contributes to the future development of the whole company.+ Meeting new, inspiring people.In a process of looking for potential investors, you are very likely to find your mentors. Startup founders are usually individuals with less experience but with amazing ideas. Their support comes from much more experienced people. They teach them a lot, provide them with valuable adviceand link them to other influencers.Cons Lack of enthusiasm. It could be very challenging for people who are not self-driven and need someone to motivate them to give their be st at all times. Being a part of a startup means overlooking fear of failure, believing in your abilities and stimulating your pro-activity. If you dont possess behauptung qualities, astartup is probably not the right workplace for you. Overtimes. Because one has to do several jobs at the same time, there is a high chance that your working hours are going to double up at some point.5. The moneyPros+ Experience.Startups usually allow you to really focus on developing your talents or help you improve in areas where your weaknesses lay. Except for money, you get paid in experience. And lets be honest, there is no value you can put on that+ Shares. Also, a great thing about startups is that all workers are able to own shares of the company.So whenit will become a success, except for a salary higher than many in large organizations, you also own a chunk of the businessCons The salary.At the beginning, you might not get paid as much as you would in a large company. Every startup invests m ost of the money into new opportunities and products and investing in people is not always the priority. So, you need to be ready to work hard and prepare for situations when you might not get the money you deserve immediately due to a bad month. Investors search. In a startup, unless you have a lot of your own capital, you have to look for potential investors and persuade them that your idea is worth investing their money into. This very long and difficult process requires a lot of patience,time effort.Many big companies, including Apple and Google, started literally in a garage. Their founders transformed a simple idea into a hugely successful business. And thereforewe think it is worth considering to start your career in a startup, which could have the same future. This list should give you a general idea of what it means to work in one and if you decide to give it a go, dont give up when the first trouble arrives. Accept the challenges that are ahead of you and do your best.Net work, learn, focus. Believe in the potential of the company you are working for.What other Pros Cons do you think weve missed?PS Dont forget to tag your startup ? Tags career, Startup