Everyone is nervous heading into their last year of college (except for those going to grad school, that is). It’s time recent graduates prove to themselves, and probably to their parents, that all of this was worth it; they can get entry-level jobs, get out on their own, support themselves, and start on a career path. It is probably their family’s hope that grads will conduct their job search seriously, and look at companies/organizations that promise a bright future. They’ve attended their first job fair, passed out their resumes, spoken with corporate recruiters, and some seemed interested. But something doesn’t “feel” right in their gut. There’s no excitement about all of this.
As recent graduates reflect on why they lack excitement, their minds go to the concept of a “corporate” environment with everyone playing their roles, a pretty large bureaucracy, policies, set work hours; “a single cog in a very large machine you will be,” as Yoda would say. Then there’s the office politics grads studied about in those business courses. Somehow, it doesn’t seem right. They’re thinking about their future success, which doesn’t include what the “big boys” offer. Recent grads need to look elsewhere.
Graduates need to consider working for a startup. Now their parents and some of their friends might think they’re a bit nuts. There’s no job security, as 50% of all startups fail within five years, and then where will they be? Mom may be wringing her hands. However, this isn’t their parents’ world anymore, and there are large advantages to taking this path right now in their lives when they have no obligations other than to themselves.
Flexibility and continuous learning
Most start-ups do not have “pigeon-hole” jobs. They will demand everyone pitch in when and where it is needed. Graduates may have a “job title,” but that will not mean a great deal. They’ll have a skill others may not, but they will be required to learn everyone’s job and everyone will be required to learn some of their job. This environment means continuous learning.
What’s the other great thing? Grads will be forced out of their “comfort zone” into exciting challenges; things can change on a dime, and they will need to change with them. If graduates really enjoy risks and challenges, they’ll love it.
Discover new talents
With all of the emphasis on pitching in, group decision-making, and problem-solving, recent grads may find they have creative talents and current skills they never knew or nurtured. They will be far more well-rounded in what they know and what they can do.
Learn how to budget
Pay is generally not the best for those who join startups. In fact, no one joins a startup for the salary. Graduates will often have to continue living like poor students, but they know how to do it. They’ll stretch those dollars, shop at thrift stores, and eat Ramen noodles sometimes. So what? Grads will also learn how to budget and be frugal.
Work with passionate people
Enthusiasm is contagious, and that is one of the great things about startups. Everyone comes to work excited about the day and their projects. Everyone shares in each other’s successes (and pumps each other up when there are failures). Grads, too, will be excited about getting up every morning and getting to work; many people in the corporate world would love to have that feeling.
Forecasters predict small businesses will be more a wave of the future than large corporations. Why? First, corporations continue to expand globally and set up headquarters in other countries. Second, people no longer trust large corporations like they used to. These giants have taken big tumbles in recent years and no longer provide job security to their employees. It is the small business that is trending now. Working for a startup gives employees valuable experience in becoming small business owners at some point, if they should choose to head in that direction.
Push through failure
Most startups have their failures. The good ones with resilient employees move forward, learning from the failure but never losing the enthusiasm for what they are doing. It’s good to experience failure when young; it is a wonderful teacher. If that startup goes “belly up,” think of all the lessons employees have learned in the meantime.
Potentially invest or be given a stake
A lot of startups value their original people, and founders will give those people a stake in the company. Many people became millionaires because they started out with Steve Jobs, Bill Gates, or Mark Zuckerberg. Having a stake in a company at a young age is a great thing.
Love the Culture
Flexible hours are a big plus. Value is not based upon the number of hours worked. It is based on what employees produce. They may work several 18 hour-long days, only to sleep in late for several days after that and only put in four hours or so.
Dress is a big factor for many job seekers. If they love a jeans and flip-flop environment, taking their dogs to work, letting their hair grow, or sporting a tattoo, they will find the startup environment is where they want to be.
Choosing the right startup
Startups come in all different stages of development. Choosing one should be based on job seekers’ level of risk tolerance, their investigation of the founder(s), and their passions for the product(s) or services being developed. Nothing is carved in stone; if one idea doesn’t work out, there are many others to try.
Rick Riddle, guest writer
Rick Riddle is passionate about the self-development process and wants to share his experience with more people via his articles. He believes self-sufficiency and discipline lead to great results. Follow him on Twitter.