10 Things To Know About Working In A Startup

By | July 9, 2016
Just a few short years ago, many online marketers were still going down
the road of blogging and creating websites, courses, and sales funnels
in order to promote products or services as an affiliate or owner. 
While there are still many people working off of this or a similar model
today.  There's also another offshoot of entrepreneurship, and that is
the 'startup.'

The definition of a startup is different depending on who you ask, but
most people have some sort of mental image.  It's the tech company who
believes they have the next Facebook.  It's the idea that people think
is so good they throw money at it before it's ever turned a profit based
on pure potential alone.

If you find yourself ever making the move from a lone online marketing
wolf to starting a small company off your own, especially in the startup
space, here's what you should know:

	- People will depend on you.  For many, their employees will be
	the first one's they've ever had, and you need to be prepared to
	help manage not just your own goals and deadlines, but those of your
	workers as well.

	- Things will get hectic.  You will have to do more than you ever
	have before, and the legal hoops you may have to jump through might
	not be ones you had encountered when working on your own.  It's
	important to know that you will likely spend many more hours on
	admin duties than before.

	- You'll need to stem disorganization.  In the midst of having to
	deal with the most you've ever dealt with before, you will need to
	also make sure that you don't fall victim to the startup syndrome in
	which you have no systems in place for accountability, collaboration
	among the team, etc.

	- You'll need to provide fun.  Yeah, this is an odd one.  But you
	need to make sure you are teambuilding and fostering a positive
	environment.  In the startup world, people are used to taking a hit
	on the salary their experience would normally command, but they also
	expect an enjoyable experience in which hard work can yield high
	rewards.

	- Speaking of salaries... try to find people who are experienced by
	want something new, instead of just assuming you can only take super
	young and inexperienced employees because that's what you think
	you'll be able to pay for.  You'd be surprised at the seasoned
	veterans you might find willing to work partially for equity.

	- You have to play the long game.  Even if you think that your
	idea has the possibility of absolutely explosiveness, you will
	likely need to need to wait quite some time to see a return.  Make
	sure that you're able to financially and mentally ride out the
	storm!

	- Investment isn't everything.  Early on, there's a cycle of
	hunting for funding to survive until the next time you need to hunt
	for funding.  Instead, try and work on using your sales skills to
	get self-sustainable as soon as possible.

Finally, there are no guarantees in the startup world, so make sure that
you're ready to bend even these pointers to make them work for you!

Looking Forward To Your Success! 

IMKBrown~

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