Monday, November 23, 2020

WHY START UP WORK EXPERIENCE IS HIGHLY VALUED

 WHY START UP WORK EXPERIENCE IS HIGHLY VALUED



A startup is a company or project in its initial stage of development founded by one or more entrepreneurs. The initial funding comes from the founders. Attempts are made to attract outside investments. Startups are generally focused on a single product or service that the founders want to bring to market.

In recent years startups have really taken off and come into their own driven by factors like funding, evolving technology, and demand of the market. Startups may be small but they play a significant role in economic growth. One of the main advantages is that they create new jobs. In today's world startups create more employment than large companies or enterprises. As startups attract investments by investing their own resources, people would benefit when startups grow. Since the money is being shared within the nation that would lead to an increase in wealth. There are many startups who are working for rural areas to develop the community. They also implement innovations and technologies to improve the living of people.

 

Startup experiences are valued a lot.

Most importantly it leads to professional growth. A startup is a great place to build upon existing skills, gain experience in many areas. It also leads to career advancement as the company grows further.

While working in a startup the challenges and opportunities keep changing. It demands both positivity and adaptability. This means that you will have to adopt new skills, reject and take on new projects

Being a part of a startup also leads to personal growth. One gets the most experience, working with a team, cultivate dedication, motivation, and discipline. The innovative nature of the startup allows one to learn from it in depth.

Startups consist of small teams, which means they are not as big as corporates. This means that in all probability no two people will have the same skills. Hence the responsibility of a particular task lies on one person. This makes the person more responsible.

Apart from handling your own share of work, you'll have to help with other tasks and duties too. Working in a startup teaches one how to multi-task and deal with pressure.

 

Some known startups are Airbnb, SpaceX, Olacabs, Uber among others.

Startups are risky, but they provide experiences and an exciting journey. Being a part of a team building a new product teaches one to be independent, flexible, resilient, and make the most out of resources. A startup experience adds considerably to both professional as well as your life skills.

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