How To Find A Startup Worth Working For

SUMMARY

Investing your life in a startup, Don’t waste a year at a company that you don’t believe in.

Before you join a startup, put yourself in the mindset of a Venture Capitalist. You want to make sure that your investment (time), has the chance of delivering massive returns. For you, this can take a few forms: learning valuable skills, building a strong network, fast-tracking career advancement, or making tons of money through stock options.

Those outcomes are more likely to happen if you join a small company that grows to be a massive one. Ask yourself some of these questions before you invest time, your scarcest resource, into a company.

Do you believe in the CEO?

1Startups’ personalities closely resemble those of their CEO. If you don’t believe in the CEO, why would you work for their company?

Do some Twitter sleuthing to find out as much as you can. If she has 15k plus followers, you can assume people care about what she has to say. Eavesdrop on some of her conversations. Is she engaging? Combative? Does she seem like a total ass-kicker or a lame boss?

Stick with your gut feeling. If she exhibits traits you admire, that’s one point for the startup. If she seems like she would be a drag to work for, look elsewhere.

How strong is the team?

This is one of the hardest characteristics to identify from the outside. But, give it a shot.

Hit Google hard to uncover the pedigrees of all the C-level executives. Is your goal to become the best marketer in the world? Someone on the management team should have experience building a baller marketing team.

Do you want to build a powerful network? Find out if someone on the management team has connections to YCombinator or another dense startup network.

Look beyond the most senior people. If they can’t recruit quality talent, the company is doomed. Check out the company’s About Page and reach out to one of the team members for a quick phone conversation.

If you’re unimpressed, that’s a point against the startup.

Can this become a monopoly?

Is the company “so good at what it does that no other firm can offer a close substitute?” If so, it may just have a shot at becoming massive.

If it is just another food delivery app, workout app, or photo-sharing service, the company may not give you the opportunity to reach the heights you’re shooting for.

Would you use the product?

Don’t work for a company building a product you don’t believe in.

If you don’t love it, why would anyone else outside of the company? The chances of a company with a crap product blowing up are slim. The company has a better chance of succeeding if people at the company are willing to spend 70+ hours a week busting their asses. Who’s going to do that if they could care less about the product?

Don’t lie to yourself. If you don’t enjoy the product or service, move your focus elsewhere.

What do other people think?

Time to hit the newsstand.

Read TechCrunch articles about the company. Search the company name on Twitter. Google Hacker News and [company name] to hear what the startup community thinks. See what people are saying on reddit for a brutally honest view of the company.

2

If the internet is buzzing, that’s a good sign. Does the TechCrunch writer seem miserable to be writing the story? Be aware of little things like that.

Have smart people invested?

3

This one is just like recruiting a good team.

If the founders can’t convince quality investors of their vision, the company will run out of cash and die before it has the chance to be a massive success.

If they can convince the big investors, it means one thing; they are growing at a breakneck pace.

It may just be worth getting on for the ride.

Note: The views and opinions expressed are solely those of the author and does not necessarily reflect the views held by Inc42, its creators or employees. Inc42 is not responsible for the accuracy of any of the information supplied by guest bloggers.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

How To Find A Startup Worth Working For-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

How To Find A Startup Worth Working For-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

How To Find A Startup Worth Working For-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

How To Find A Startup Worth Working For-Inc42 Media
How To Find A Startup Worth Working For-Inc42 Media
You’re in Good company