Sunday, February 21, 2010

Disadvantages of being in a startup

It is a long lasting turmoil in the mind of a software engineer about whether to join a startup or not. It's always the choice between being a big fish in a small pond and being a small fish in the ocean.
Well, if you are thinking of joining a startup, here are the few things you should keep in mind before taking the decision.

1. Long working hours:The startups are always synonymous with long working hours in a 10x10 box with short lunch and sleep breaks.

2.Poor employee benefits:The facilities that are provided by startups are of no match to the ones provided by big corporate giants.These things do not seem to matter a lot while joining a startup but play a big role in determining how comfortable your life can be.

3.Uncertaininty of the project:It is very difficult to tell if the product that you are working on will eventually see the light of the day or not.The competing products from rivals and the timing of the release f your project might make a lot of difference in determining the future of the startup.

4.Very few IPOs:There is no guarantee that the company will eventually have an IPO.The IPO of a startup is very rare in these times of recession.

5.Little job security:This is true for the biggies as well, but why to take the risk with the startups?


The list may be longer than this. But if you are game for it, willing to take risks and want to change the world, then it might be the fit for you.

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