Once out of college, everyone wants to get hired in a big company. Well…almost everyone! A handful rich and fortunate guys decide to have their own venture or join their family business. And the rest, who don’t get a job in any MNC decide to step in a small company, be it a startup. This is a myth that most of the path and join a less known company, you have failed.”
This myth has ruined many talents in the past and to do a justice to the future, today I am going to bust it.
Myth 1 – All smart people get hired in MNC.
A big company doesn’t look at how smart you are. It sees if, with an average intelligence, you would be a fit with the work culture of the company. Most of the companies do not hire the top and the bottom of the curve. Bottom ones are neglected for obvious reasons. The top ones are said ‘no’ for they can be the first one to switch jobs for better pay. Who wants to waste money and time trying to stop iterations?
Myth 2 – Those who won’t get a job anywhere else, they just join a startup.
Those who won’t get a job anywhere else won’t qualify for a startup either. This lot gets hired in mass recruitment drive only, which of course is done by big companies. Startups are quiet choosey about who they want to work with. They would prefer being under-manpower and working double-shifts than to hire an underperforming employee. A startup needs real talent for that push to make things happen and they settle for nothing less.
Myth 3 – You can’t get real learning experience if you work in a startup. MNCs have copyright on learning.
MNC gives you defined role. A book of previous learning is given and you never have to start from scratch. But then, you lose on innovation too and probability of ‘what-if’. Startup, on the other hand gives you wider scope of learning different things, things that you might not learn in a routine job. It gives you freedom to experiment, take risk, apply the bookish to see if it really works and learn from your own mistakes. A 360 degree enriched learning experience!
Myth 4 – If you join a startup, your dad will pay your bills.
Yes, startups seldom have pockets as deep as MNCs. But then do MNCs share their huge profits with their employees? Not really. MNCs offer huge CTCs, startups quote less. But wait a minute! What is this CTC? Cost to Company is not what you get paid in your salary account. It is what company
thinks is spending on keeping you. This includes all it claims to give you as benefit including the desktop/laptop, internet connection, cafeteria, big office corridors and centralized air-conditioner. What really comes in your hand is about the same or sometimes lesser than what a person with same experience and educational background gets working for a startup. By the way, irrespective of which company you work for, your dad doesn’t pay your bill unless…you want him to pay.
Myth 5 – The bigger the company you work for, the more are your chances to grow in the company.
A big company has hierarchy to tackle dissatisfaction of non-promotion amongst a big pool of employees, out of which only few can actually reach the top management level. A promotion in MNC means you get a new job title, a hike, a new place to sit, sometimes a new team and often a new city in a foreign country. What remains same is you daily routine work. Where is the growth? Growth is in a flat organization that you joined when it was a startup. Joining early and staying there helps you grow with the startup and have a chance of being the big-shot of the company when it becomes a billion dollar baby.
Many more such myths exist in the minds of ignorants.
If you know any such myth, share with us.
We will bust it!!!