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As I embark on this new chapter, I wanted to reflect on a pivotal part of my journey: the exhilarating, often chaotic, yet profoundly educational and rewarding world of tech startups. Launching my first business, BAM Admin Solutions (RIP, you're missed!), thrust me into this dynamic landscape, where a remarkable 90% of my portfolio comprised startups seeking guidance and operational support. Coming from the structured world of Corporate America – where clocking in two minutes late after lunch could or would warrant an explanation – the contrast was stark, a true night-and-day experience.
My LinkedIn inbox often reflects the current job market climate, with a daily messages from colleagues and co-workers across various demographics seeking my perspective on their next career moves, particularly the "Large Corporation to Startup Debate." So, it's fitting to make this my kick-off post. Known for my fair yet honest approach, I'll be transparent about the factors to consider before making such a significant decision. Consider this my perspective, not a directive, to help you determine if the startup environment is where you can truly thrive. Let's dive in!
Culture and Environment.
I LOVE, LOVE, LOVE the startup energy! Everything from the hustle of a shared mission and working with a tight-knit crew to a generally laid-back vibe. (For the most part, it depends on where you work!) There's just something about working with a small but mighty team for me. Also, when the focus is solely on innovation and rapid growth – it's truly a beautiful thing when you start hitting those major milestones together!
Corporate life, on the other hand, contrasts by having more of a formal, "button up your shirt straight," and political culture. There are a lot more established processes and protocols that you're expected to abide by and less of a direct connection to the overall mission in a larger organization.
Risk and Reward.
Oh my goodness, I can't stand to gamble. Sports betting would send me to an early grave. Something about putting your hard-earned money on a specific outcome surrounding human beings with lots of variables such as injuries, matchups, weather, and moods/feelings can possibly be the most insane thing you could do. However, startups can be a bit of a gamble in a different perspective. You have to look at it this way – there's a higher risk with job security and company success, but a high-reward opportunity such as equity, career growth (if successful), and other incentives.
Generally, Corporate offers job security and predictable compensation with established benefits. Which is cool, but offers significantly less reward.
I will leave you with this thought in one sentence: One of my California bud's dads was an HR Manager for a well-known corporation in its startup phase – when they sold, he became a millionaire and never had to work again. That's pretty damn awesome if you ask me.
Decision-Making.
Got ideas or projects you're itching to see happen in your startup? No problem – just chat with your chain of command. More than likely, you either directly report to or have a close relationship with the C-Suite, making it easy to get a hearing and feedback. In other words, getting something approved (or denied!) is a much quicker process.
Contrast that with my last corporate gig, which had a "CEO COUNCIL" once a week for two hours. They'd hear proposals from all departments – HR, IT, Engineering, Data, Sales, you name it. If you were lucky enough to arrive super early, you might snag a slot to present your case. If not, it was "see you next week... or the week after... or..." Just getting to present was a hurdle; approval was a whole other saga. Long story short, startups offer significantly more flexibility and agility.
Pace.
Startup life is a constant state of go-go-go, fueled by the sheer volume of initiatives and the relentless pursuit of growth. It's never boring, but if you're not prepared for the rapid pace – which can sometimes feel a bit chaotic – burnout can creep in pretty quickly.
Corporate environments, on the other hand, typically offer a more structured setting with established procedures and a more deliberate pace of change.
Roles.
Startup reality check: often 3 jobs, 1 paycheck. "Wear many hats" in interviews? Could mean "underpaid and overworked." But hey, it's the startup gamble – low now, maybe big later. Guard your energy, balance is key (just in case).
Corporate? Specialized roles, clear lines. Less hat-swapping.
So, those are some of the fundamental differences between the Corporate and Startup worlds to get you started. My top advice? Really nail down what you want, the kind of environment where you know you can excel, and where you truly see yourself happy. Maybe that's creating your own startup or reaching for leadership in a corporation – the world is yours!
Just remember, every company and every work setting comes with its own set of challenges. It's all about finding the fit that feels best for you. Perhaps you value a more casual atmosphere, or maybe a consistent and well-defined role is your priority. Get clear on what matters most and apply accordingly.
I'm always open to further discussion or to being a resource for you. Don't hesitate to book some time with me through my website!
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