Corporate vs. startup life: which is it for you?
When looking for your first job, it’s important to take into consideration the environment in which you thrive as an employee. Are you a creature of habit who craves structure? Do you prefer a relaxed, highly collaborative work environment?
The Corporate Life: The environment of established companies will vary from place to place. At an established company, systems and standard work already exist and your role in the company is usually clearly defined. If you have concrete career goals in a specific industry or at a specific company, the corporate life might be for you. Large, established companies are amazing assets for those with specific career goals because there is a clear hierarchy and distinct career paths. Generally, these companies also offer better packages in terms of salary and insurance. Here’s where you will find your job security.
Tip: If you live by the mantra “work to live” and crave work-life balance, a fairly established company will probably suit you better than a startup, where hours can be more sporadic and emails from your boss on a Saturday night are normal.
The Startup Life: It is not for the feint of heart. At a startup, you are likely to be given an incredible amount of responsibility and your skills will grow quickly. Networking events will become a second home and your network of entrepreneurs in the city will grow immensely. In a fast-growing startup, hours might vary greatly from day to day. Evening events are frequent, so don’t be surprised if your fellow employees don’t run out the door as soon as 5pm rolls around.
What’s a co-working space? This is a large office where startups can rent desk space. This allows for a community of startups who can learn from each other and gain access to resources and mentorship more easily. Co-working spaces will frequently set up socials and events so companies can meet each other and share ideas.
Tip: If you’re brand new to a city, working at a startup is definitely a good resource for meeting people and getting your foot in the door. Frequent networking events and evening office gatherings will spice up your evenings.
Startups and large companies vary greatly, but both are valuable career moves. Before you start applying for jobs, take a look at your own values and decide which career environment is best for you.