Startups, although newer, aren’t exactly the new-kids-on-the-block in 2020. Truth be told, there are a lot of interesting developments that have taken place over the last decade or so since the term ‘Startup’ was truly launched into becoming a ‘thing’. This article serves to educate you on some of the most interesting facts about startups that you might not already know.
According to cityam.com, there are 3 new startups launched globally every second, or 11,000 per hour. When you put it into perspective that way, that’s astounding, wouldn’t you agree? Perhaps the large number of startups has something to do with the fact that it’s so incredibly empowering to not only realize your dream, but to pursue it. The pursuit of happiness, if you will. That dream becomes a reality for at least 3 individuals every single second. That’s pretty powerful.
In the grand scheme of things, it’s just as incredible for the employees who choose and are chosen to work with these incredible businesses because there is so much that is different from the typical 9-5 within a startup. Each employee matters with a startup opportunity. Each person is individually as important as those in leadership, even. That’s a humbling, sobering thought to ponder upon and shows you one of the major differences between major corporations and startups.
Contrary to popular belief, there are more startups being realized Stateside than there are anywhere else in the world. Once upon a time, London was in the lead and it seemed as though there were incredulous amounts of newfound companies making waves across the internet with the majority of companies calling London home. That’s not to say there aren’t still very many new startup companies being launched in London, because that’s simply not the case. But with 4.8 million startups in the USA, it’s safe to say that the states are full of innovators, thinkers, shakers and movers.
Some of the world’s biggest businesses began as a Startup. Brands such as ByteDance (TikTok), Uber, AirBnB, and SpaceX are considered to be ‘Unicorn’ companies, which means they are valued at well over 1 Billion dollars. According to data from China Daily in 2019, The United States has 156 Unicorns, or 47% of the overall total Unicorns worldwide. No doubt there will be more to come in 2020! More opportunities for employment for everyone is always a good thing.
Entrepreneurial spirits and the brilliant minds behind most Startups tend to form their businesses based upon negative experiences they held in previous situations. This causes them to want to branch off on their own, develop their own brand in a niche or genre they care about, address the problems they faced in prior employment or with life situations with bigger and better solutions, and to do bigger and better things than anyone else in their specialty could. Startups are an answer to a problem in the world where there may be no answer, or a better solution than already exists.
This makes a startup environment the perfect environment to begin a new career, or to make a career change. There are so many opportunities for growth, and you will be treated with more respect and dignity than anywhere else. Startup founders generally care more than those in charge of larger companies where micromanaging thousands of employees makes it difficult to pay attention to wants and needs. Startup environments are generally more friendly, and make people want to get up and actually go to work every morning. It’s a win-win for everyone.
We have all been in a situation with a prior (or maybe even current) employer where we didn’t like something or thought we could do a better job of coming up with a solution. Those who create Startups tend to follow through on that mindset. They take that thought they’ve been holding and run with it – creating and paving a way to a more successful, brighter future for not only themselves, but future employees.
This is one fact that couldn’t possibly be truer. Startups that launch with a bright, well-balanced business models that have already been proven plus a great team of employees and at least 2 founding members are truly paving the way for success. Startups treat all employees as equal, and value each individual employee equally. In fact, CEO’s treat employees as themselves – there is no mindset of one being bigger and better than the other.
In Startups, there may be job titles, but job roles are generally shared. You may sign on as a graphic designer, but it doesn’t mean that’s all you’ll do. You will get to experience various other facets of daily startup life – possibly doing things to help other team members out to stay on track. Maybe the writers need a little assistance, or the marketing team needs some ideas – everyone has an opinion and contributes and it makes the work world go round happier, with more innovation and creativity. Workflow increases, and so does production because everyone works together.
A teamwork environment is important to many people – and within startups, those opportunities abound. If you don’t have teamwork with a startup, you have nothing.
In case you were wondering, most startup opportunities tend to promote employees for new and exciting roles from within the company. They reward good, hard work with better monetary compensation and those desired promotions just like larger corporations do – but with a higher success rate. This is good news for the average job seeker, because it gives them something to truly work for, and they can safely have a hope for the future to be better, brighter, and include more responsibility and ultimately, more money.
Where some companies will bring in new talent from outside sources to fill pre-existing positions within the company, startups believe in giving chances to those who deserve them through hard work – which is just one more reason to give your job all you’ve got with a startup. If you love opportunities to increase in your position, both monetarily and from a leadership standpoint, a startup is the perfect place for you.
Finding a job within a startup can be a bit of a daunting task at first, but with time, you will realize it just might have been the best decision you’ve ever made. Most people who began with startups tend to stay in their positions long-term, and generally enjoy going to work every day. There’s always a new, exciting experience and if you’re the kind who likes problem solving, finding new, better ways to do something, or find themselves wishing for more responsibility, a startup position would be perfect for you.
Startups really value their employees, and treat them with respect and dignity – which is something we all deserve and want.
With so many new startups popping up across the globe on a continual basis, there is a massive pool in which to choose to apply to. A search for ‘Startup companies in (your city)’ may return quite a few results. You can also choose to search for remote startup positions where you would work online, from the comfort of your own home, home office, or anywhere you might have an internet connection. Remote positions are taking over in 2020 – if you want flexibility, you’re sure to find it! A great place to search for your next startup position is on Unicornboard.com, where you will be met with many results to choose from to apply to.
What are some interesting facts you may have learned about working with a startup? We would love to hear about it in a comment below! Be sure to check out all of the positions up for grabs on Unicornboard.com and we hope you’ll check out our other helpful blog posts while you’re here.