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Should You Work For A Startup? Pros & Cons скачать в хорошем качестве

Should You Work For A Startup? Pros & Cons 4 years ago

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Should You Work For A Startup? Pros & Cons
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Should You Work For A Startup? Pros & Cons

Today's video we discuss the Pros and Cons of joining a startup, as well as some things you should know when applying for a startup. Checking features for the Cash Account are subject to identity verification by Green Dot Bank. Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA/SIPC. Neither Wealthfront Brokerage nor any of its affiliates are a bank, and Cash Account is not a checking or savings account. Investment management and advisory services are provided by Wealthfront Advisers LLC, an SEC registered investment adviser. The paid testimonial provided above may not be representative of the experience of other cash account clients, and there is no guarantee that all cash account clients will have similar experiences. 📌 Subscribe for Weekly Videos: https://bit.ly/humphcrew ► My Stock Portfolio + Tracker ➭ https://whop.com/c/critical-wealth/ytd ► Get 2 Free Stocks on WeBull (valued up to $1600 when you deposit $100) ➭ https://a.webull.com/i/HumphreyYang ► Robinhood (get another free stock!) ➭ https://robinhood.c3me6x.net/qPyKY ► FREE Discord ➭   / discord   🐪 My FREE Newsletter ➭ https://humpdays.substack.com 📷 Instagram:   / humphreytalks   📲 Tik Tok:   / humphreytalks   In general, if you prefer structure and stability - you may want to look at a bigger more established company, and if you want more flexibility and learning more , you should look at a startup - but the pay is generally not going to be as high. Pros You will learn a lot - different types of roles and responsibilities You will get promoted faster, if you're good and think like a business owner (see video on owner's mindset) The environment is usually fun, the hours can be more flexible If you care about the mission of the startup it can be a really fulfilling experience It's kind of a lottery ticket, if the startup gives you options Cons: The hours are long. You will get paid less, or have little benefits - unless the company is well funded There's not always structure. Sometimes there will be lack of mentorship. Things you should look for when applying to a startup: First, we should know what stage of funding a startup is in. The typical funding process goes like this: Pre-Seed to Seed to Series A to B to C to D. If you join a startup that already has their Series B or C funding or later, they should already be mid-sized. There's still a lot of upside here. The funding round can also tell you what kind of offer you can expect in terms of salary and equity. The earlier it is, don;t expect as much salary, but perhaps higher equity options, and then as the funding moves along, expect higher salaries but less in equity. When it comes to equity, you can ask how many shares are outstanding. Talk about 10000 shares and what that means. Get an idea of what the culture is like, and see if it fits your style. Some startups are super all or nothing / hardcore / expect you to work all the time, others have more of a balanced work life. Get an idea of where your role could lead to, ask questions in your interview about what types of roles can be possible while at that startup. ▶️ My name is Humphrey Yang, I am an entrepreneur who has built businesses and am passionate about Personal Finance. This channel is dedicated to helping people (whether you're 21 or 81) become better with Personal Finance, Investing, and Entrepreneurship. I hope these videos help! 📧 Contact: If you have a question feel free to leave me a comment on my videos or follow me on IG and send me a DM! If you have a business related inquiry, please then send me an email at [email protected] Disclaimer: I am not a financial advisor, any investment commentary are my opinions only. Some of the products and services that appear on this channel are from companies that I have an affiliate relationship with, such as Robinhood, for which I recieve a small percentage made via those links, but it doesn’t cost you anything extra! #ad #wealthfrontpartner #startup

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