Job-Hunt Intelligence - Guide to Startup Jobs

Published: Tue, 11/08/16

By Neil Patrick

There’s one category of jobs which is misunderstood more than any other. It’s working for startups.

Negative assumptions are made:

  • Startups are risky.
  • They are disorganized.
  • They are for young people.
  • They often fail.

These are just a few of the knee-jerk reactions that most people have about working for a startup. In this post, I’ll explain why none of this matters.

Actually, once you know what’s what, working for a startup can be a really smart career choice. Startups are a better career choice than you thought because...

Why Joining a Startup May Be a Smart Career Move

Consider the four common prejudices listed above simply in terms of your resume and experience.

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Understanding Startups

By Neil Patrick

All startups are not the same. In this post, we’ll take a look at how to decide what sort of startup you are dealing with. This is key to accurately assessing the risk and rewards you are potentially signing up for.

What is a startup anyway?

In everyday parlance, a startup can be any business in the early days of its existence. But this definition obscures understanding which startups are a good choice to join and which are not.

The U.S. Small Business Administration describes a startup as a "business that is typically technology oriented and has high growth potential."

Paul Graham states that "a startup is a company designed to grow fast. Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of 'exit.' The only essential thing is growth. Everything else we associate with startups follows from growth." 

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By Susan P. Joyce

In October, 2016, LinkedIn announced "Open Candidate," a new tool for job seekers and recruiters. LinkedIn had been quietly making the option available to some members, and over a million had signed up when the program was announced.

LinkedIn says: "Open Candidate is a new feature that makes it easier to connect with your dream job by privately signaling to recruiters that you are open to new job opportunities."

Note that the only recruiters who receive this information will be recruiters who participate in LinkedIn's (expensive) Recruiter product. So, not every recruiter will know that you are an open candidate.

If you opt in to using this tool, LinkedIn will share the following information with recruiters (if you have provided it to them):

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Editor’s Choice
Newly unemployed and facing those first steps to get back into the job market? Unemployed for a while and still struggling? Or, working for an employer in the process of "down-sizing" and/or "off-shoring"? If you find yourself in one of those situations, you’re probably updating your resume, reviewing job postings, networking with former colleagues, and shining up those interview shoes. However, out of all the tasks you’ll need to prioritize in your job search, building or updating your LinkedIn Profile should be near the top of your list as LinkedIn Job Search Expert Laura Smith-Proulx describes for you.
Recruiter Ed Hand explains that not having a LinkedIn Profile raises eyebrows in many circles. Employers wonder why you don't have a LinkedIn Profile? Do you not understand how important it is? Are you hiding something? What's wrong with you? In this article, Ed explains how to put LinkedIn to work for you, even for your first post-college job.
Recruiters are -- by far -- LinkedIn's major source of revenue. Recruiters trust it to, usually, provide a relatively accurate picture of job candidates (versus the fiction that sometimes appears on resumes and job applications). But, LinkedIn is not a set-it-and-forget-it magic carpet ride to a new job. For an effective LinkedIn experience, you'll need to spend time developing your Profile, building your Connections, and actively participating on LinkedIn as Online Job Search Expert Susan Joyce explains in this article.
Landing a job with a startup can be easy, but it can also be high risk. Researching a startup is a bit more challenging than researching an established company. Company Research Expert Debra Wheatman shows how, with good research, you can reduce your risk of being left with stock options worth less than the paper on which they are printed. If this is the next big thing, then you will need your research results to help you edge out the competition to book the interview.
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