When you are deciding where your next place of employment will be, you may have to weigh the pros and cons of joining a startup versus going to an established company. This is not always an easy decision to make because different factors play a role in what determines the best fit for you. Your decision is dependent on your career trajectory, the city you live in, and many other things that must be considered before making a final decision. Therefore, you need to learn the tradeoffs for both options, so you will be in a position that works best for your needs and wants.
Let’s put industry preferences aside and your feelings about the products being built by the company. The differences between a startup and mature company are pretty obvious to observe. An established company will provide you with more role models to gain specific knowledge, more experienced teams to collaborate with, a clear direction of where the company is headed, and seasoned leadership. Your role within the company may have a more narrow range, but it can offer more potential for intensive learning, greater benefits, well-paying compensation, and more security. You will gain insight into how a large scale business operates at its best (or worst). Furthermore, working for a corporate brand is a great addition to your resume.
Startups provide you with an entirely different world since these are companies that are just starting to gain traction in the marketplace. Therefore, you may not have many peers to collaborate with, since the company is in the beginning stages of the building process. Also, you may have to look outside of the organization for mentors. And of course, you are working with a limited budget, which can affect the company’s ability to operate effectively. One great thing is that a startup forces you to act as an entrepreneur. You can use the knowledge you have acquired to start your own business or be seen as a great asset to a bigger company.