YOGYAKARTA In recent years, the trend of working in startup companies has mushroomed, especially for young people who have just graduated from college. This is because startups offer flexible working hours as well as the opportunity to study the ins and outs of developing business. So, what is the profit of losing a career in the startup industry?

Before answering this question, it's a good idea to know what startup is and for example.

The word startup is an absorption from English which means a business that has just been initiated.

According to Indeed, startups are companies pioneered by one or more entrepreneurs. In other words, startups can be interpreted as companies that have just entered or are still in the development or research phase to find markets or develop their products.

A business can be called a starup if it has a minimum of three factors, namely founders or founders, investors or fund owners, and products or services.

Startup or startup companies aim to provide unique services or products to the market. Services presented by startups are expected to solve certain problems faced by consumers.

Examples of Startups

Several examples of startup companies that are already popular in the country, namely Gojek (mediaries for online transportation services), Tokopedia (e-commerce), OVO (financial service providers), Bukalapak (e-commerce), Traveloka (providors for aircraft ticket booking and hotel booking services), and Shopee (online store platforms for shops or official distributors).

There are several advantages of careers in the startup industry, especially for those who are still young or fresh graduates who have just entered the professional world, such as:

Despite having several advantages, working in the startup industry also has potential losses, including:

In more detail, here is an explanation of the profit and loss of a career in the startup industry.

Excess Career In Startup Industry

1. Have the opportunity to learn more

Generally, startups hire their employees based on certain skills. However, it is not uncommon for startups to ultimately give each employee a bigger role in the organization to compensate for the overall shortage of employees.

This can be a big advantage, especially for new professionals, because it provides many opportunities to learn things that may not be learned in more established companies. In addition, new professionals will also have direct access to the people behind startups and can learn from them at every step.

2. Working hours are more flexible

Most startups offer more flexible working hours. Not even a few allow their employees to work from home.

3. Get a unique experience

The experience of working in the startup industry is very different from other types of companies. For example, some startups offer lunch or nap rooms that can be used to rest for a while. Meanwhile, other startup companies, may provide daily lunch for their employees.

4. Lack of supervision

The advantage of a career in other startup industries is the lack of supervision carried out by company leaders. Employees are often allowed to make their own decisions according to their professional roles and have the opportunity to contribute to the progress of startups.

5. Have a chance to innovate

New professionals who have a career in the startup industry are often given ample opportunities to show their knowledge and skills so as to contribute to the development and business of startups

Career Loss In Startup Industry

1. Job security is uncertain

Careers in the startup industry often do not guarantee job stability or security. For example, there are employees who work in a startup company that has only been running for two years, and after that period of time, they have to look for other jobs because the startup company is closed.

2. Workload heavier

Professionals who work in startup companies have greater responsibilities than in other, more established companies. For some people, this is an advantage. However, for others, this can cause stress due to the weight of workloads and responsibilities given by the company to employees.

3. Longer work duration

Not a few startup employees are required to work for hours, and even continue to work on holidays. This applies to the early days of startup, because companies must immediately take advantage of the trend so that it can continue to grow. Generally, startup employees work from 09.00 to 17.00

4. Less salary

Salaries obtained from startups are usually smaller than companies that are more established. This is because startups have limited funding.

However, this condition usually changes when startup companies have experienced growth and a significant increase in revenue.

5. Limited resources

Resources for developing startup businesses are often limited, especially for new startups whose funding is still limited.

This is information about profit and loss of a career in the startup industry. Hopefully this article can add insight to the loyal readers of VOI.ID.


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