What to look at before joining a Startup
Unlocking the Secrets of the Startup Ecosystem: What's the Hype All About?
So, you've heard the buzz, right? In today's Startup ecosystem, it seems like everyone is obsessed with sleek designs, fancy jargon, and the promise of future riches rather than actual revenue. You might have even asked a startup founder how they plan to sustain a loss making company, only to be hit with the classic reply, "Facebook was loss making for a long time!"
Let's cut through the noise. Working with startups can be a real PAIN IN THE ASS, no doubt about it. Late payments, relentless weekend work, and countless presentations that might as well be buried in the depths of Power Point hell. With all these hassles, you might wonder, is it even worth giving a darn about startups?
But here's the kicker: Sure, you can make a decent living with a 9 to 5 job. But if you're looking to unlock the doors to true FREEDOM and WEALTH , you've got to understand one thing LEVERAGE
LEVERAGEĀ is the name of the game, and it's only possible when you have OWNERSHIP. And guess what? Startups are where it becomes easier than ever to gain that ownership.
Now, before you dive headfirst into the startup world, take a moment to reflect on your skills. How can you add real value to startups? To help you out, before you join a startup and help them with your skills consider the below filterĀ
1. The founder should have 1 or 2 exit already. Why? Because experience matters. When a founder has tasted both success and failure, they're more likely to lead with wisdom and direction.
2. The startup has raised Series A already. This is a sign that they've got some serious skin in the game, and you won't be wasting your time on a fleeting idea.
3. The startup should exist in a NextGen industry.In the fast-paced world of startups, you want to be where the action is. NextGen industries are where innovation thrives.
Now, why these criteria? Simple. When a startup meets these benchmarks, it means the founder has already learned the ropes. In the beginning, they might be all ambition and no direction, but with a history of success, they'll provide pressure with a clear path to success for the whole team.
So, here's the bottom line, The startup ecosystem is not overrated,Ā it's just waiting for you to harness its potential in a smart and strategic way. Don't be afraid to dive in, but make sure you're diving into the right pool. With the right startup, you could be on your way to unlocking wealth, freedom, and a world of opportunity you never thought possible.
But don't just take my word for it. What do you think about the startup world? Is it worth the hype, or are there too many hurdles to jump? Let's start a conversation!
Would you mind sharing a few of them you would have considered if you were to join one today