Start-ups

These are businesses that have been established for less than five years, and offer products and/or services that are often niche or difficult to find in the existing market.

The benefits

Factors to consider

Innovation

Graduates who thrive in an innovative environment will enjoy working at a start-up. In addition, new ideas and suggestions often flow more freely here, so you may have more chances to experiment with ideas that have never been done before.

Flexibility

Start-ups may not have established regular business operations yet, which allows them to offer their employees more flexible working hours.

Independence

Forthosewholiketotakechargeoftheirowndevelopment, start-ups may be the right choice for you as they tend to advocate independence and self-development. While you are free to make your own calls within your role, being proactive and self-motivated are critical to success here.

Uncertain job security

Unfortunately, start-ups have a high turnover rate, and their future prospects may often seem uncertain. As such, going into a start-up means accepting that your job stability may be at constant risk.

Long working hours

Working for a start-up can come with a heavy workload, resulting in longer working hours for everyone. This is especially true during the start-up’s early days, and may eveninvolveworkingonweekendsandholidaysifnecessary.