Global banks and gargantuan consulting firms are no longer the ticket to career success. Consider starting your career at a startup or a smaller company instead.
Many graduates dream of landing a great entry-level job with a big company. A large company can often offers new grads the opportunity to handle multiple roles and get a headstart for developing a well-rounded career. For a time, global banks and big consulting firms were the most sought-after employers.
But with the recession, small businesses and startups are quickly becoming more lucrative career launch pads. (Click here to tweet this quote.)
Read on for a few solid reasons why you should start your career at a small business to jumpstart your long-term career success.
1. Make big things happen
Although small businesses may not be able to match the big ones in terms of the pay, perks and benefits, these factors become less of a concern as their business grows. Many small businesses can offer their employees something many big companies can’t: flexibility.
Large corporations are set in their complex processes and patterns and do not offer scope for employees to get involved in the whole business. Small organizations can offer a more nimble work environment.
If you’re a self-motivated individual who thinks independently, proactively and creatively, then you can look forward to a plethora of opportunities to make something big happen and prove your mettle.
2. Expand your range of responsibilities
Small businesses employ fewer people, but these employees are hand-picked. Because the team is small, there’s a chance you were hired because you possess a skillset that no one else in the company does. You may have been recruited thanks to your distinctive thinking or your impressive problem-solving skills.
In keeping with your capabilities, your range of responsibilities may widen soon after you start performing well. From the get-go, you’ll be challenged to become more versatile, responsible, reliable and productive. With greater responsibilities, you’re bound to feel empowered.
3. Try your hand at different projects
In big organizations with a hierarchy and structure, often one person is assigned for every task. If you opt for a large corporation, you may be assigned one profile that you will have to stick to day after day. It’s easy to feel stuck in a rut when doing such jobs, with almost no scope for branching out.
When working with a small firm, you get to try your hand at various tasks — even those you never thought you could do. This exposes you to the various facets of the business, thereby giving you the opportunity to expand your skillset and add new talents to your repertoire.
4. Earn quick recognition
Because the processes and procedures in small companies tend to be less structured than those in their bigger counterparts, they tend to be shorter and transparent. This allows you to see the fruits of your labor more quickly.
We all have one friend who works for a large organization and often complains about how his hard work goes unnoticed and someone else getting the applause. In a small firm, it is almost impossible for a well-executed job to get overlooked or for the credit not to go where it is due.
5. Learn from those who made it happen
Working in small companies opens up avenues for you to interact with the business owners (instead of just the managers) on a one-on-one basis. Such a thing is nearly impossible in large multinational companies. It’s always great to be around people who think and work innovatively to create something from scratch.
Enterprising individuals who possess the gumption, intelligence and acumen to start their own venture have a very different mental and professional temperament than others. They are innovators (and mentors), and working with them gives you opportunities to learn several tricks of the trade.
The ongoing economic downturn is forcing many graduates (and even experienced executives) to consider employment with small firms. Some of your peers might not take these opportunities seriously. But getting your start at a small firm can help create a solid base for your career. Small businesses have come of age and have a lot to offer in terms of technology, resources and opportunities to ambitious individuals.
Andrew Cravenho is the CEO of CBAC Funding, an innovative invoice finance company. As a serial entrepreneur, Andrew focuses on helping both small and medium-sized businesses take control of their cash flow. Find CBAC Funding on Twitter, Facebook and LinkedIn.