What would you do????

[OhZyeah]

Have a bit of a delimma....

I currently work as a business/qa analyst at a very well respected, established, and industry leading corporation in southern California. I have the opportunity to also go work for a young start-up company that's been around for the last several years.

Salary will definantly be higher since the new position is in silicon valley. i am tempted by this new company b/c the company is very young and is on the verge of a IPO in a couple years. And it is also a opportunity for me to help mold the company.

Should I stay at current job which is very stable, but pay is low, or take a chance on a start-up. What would you guys do and why?

 

[DaVortex]

it all depends on if you have a family to feed.

personally i would take the new job, it would be a new experience

 

[DnetMHZ]

How old are you?
how long are you with the current company?

 

[Aharami]

new job

 

[OhZyeah]

How old are you?
how long are you with the current company?


24, been with my company for about 10 months.

 

[OhZyeah]

Originally posted by: Aharami
new job

why would you take new job? as opposed to staying at a stable one in a big corporation?

 

[BillGates]

To me it seems like it's easier to work your way up the job and salary ladders in smaller companies.

 

[Balt]

Evaluate how far you think you could go up the ladder w/ the new company versus how far you might go up with the one at which you currently work. If the possible reward seems greater than the possible risk, then go for it.

If you're going to be stuck at the same entry to mid-level job regardless of where you work, there's not much point in taking the risk.

IMO, of course.

 

[TubStain]

Do it, you are young (same age as me) and you will learn a lore more from the startup that being at your current job.

Should anything happen and it fail, you have time on your side to bounce right back. If you had a family and other commitments then it wouldnt make as much sense, but a single guy in his 20's should take a few risks if the opportunity avails.

 

[UNCjigga]

From personal experience, I say stay away from startups (where the fvck are my bonuses and stock options???) and stick with the cushy job at a stable Fortune 500 company.

 

[OhZyeah]

Originally posted by: Jigga
From personal experience, I say stay away from startups (where the fvck are my bonuses and stock options???) and stick with the cushy job at a stable Fortune 500 company.

but, wouldn't a start-up allow more freedom, and if company is still young, there is more room for growth vertically and laterally?

 

[Descartes]

I would absolutely take the start-up opportunity. You will generally have infinitely more potential for growth, knowledge diversity, etc. You will be exposed to more opportunities, you'll be involved in more than one facet of the business as many corporate environments relegate employees to, and you'll meet people who aren't just cubicle monkies; they're entrepreneurs actually doing something innovative and worthwhile, usually.

The idea of being a corporate shmuck in favor of a "cushy" and "stable" job makes my ill. Take the opportunity!

 

[CPA]

Originally posted by: BillGates
To me it seems like it's easier to work your way up the job and salary ladders in smaller companies.

Not always true. There are alot more branches on the large corporation tree, and more leaves that could fall.

woooo, I made up an analogy.....

 

[OhZyeah]

Originally posted by: Descartes
I would absolutely take the start-up opportunity. You will generally have infinitely more potential for growth, knowledge diversity, etc. You will be exposed to more opportunities, you'll be involved in more than one facet of the business as many corporate environments relegate employees to, and you'll meet people who aren't just cubicle monkies; they're entrepreneurs actually doing something innovative and worthwhile, usually.

The idea of being a corporate shmuck in favor of a "cushy" and "stable" job makes my ill. Take the opportunity!

Yea, I'm leaning on the start-up also....The CEO is only 35 and most of the employees are young and aggressive around 24-28 years old...

 

[SagaLore]

If the new company were to fail and you lost your job, how much are you at risk? If not much at all, go for it.

And if you do go for it, make an offer to your current employer for a higher salary, just to see if they're willing to pay you more to stay. If they accept, keep THAT job. Startup companies have a high failure rate - and many times they only get so far then they are bought out by another company that runs them into the ground or totally changes direction and management.

 

[Descartes]

Originally posted by: SagaLore
If the new company were to fail and you lost your job, how much are you at risk? If not much at all, go for it.

And if you do go for it, make an offer to your current employer for a higher salary, just to see if they're willing to pay you more to stay. If they accept, keep THAT job. Startup companies have a high failure rate - and many times they only get so far then they are bought out by another company that runs them into the ground or totally changes direction and management.

Yes, but the point of working for a smaller company is to diversify your knowledge portfolio. With the experience gained you can often increase your salary substantially after leaving that smaller company. The kind of experience offered of smaller companies simply cannot be matched by larger ones in most cases (e.g. directly interfacing with customers), so many more opportunities are available.

 

[Aharami]

Originally posted by: OhZyeah

Originally posted by: Aharami
new job

why would you take new job? as opposed to staying at a stable one in a big corporation?

cuz the new one sounds more exciting. i said it assuming you dont have a family to support and therefore can afford to take risks.

 

[Zombie]

If you can't make a decision liket this than I doubt that you can mold anything.

 

[paulandreas]

Originally posted by: OhZyeah
Have a bit of a delimma....

I currently work as a business/qa analyst at a very well respected, established, and industry leading corporation in southern California. I have the opportunity to also go work for a young start-up company that's been around for the last several years.

Salary will definantly be higher since the new position is in silicon valley. i am tempted by this new company b/c the company is very young and is on the verge of a IPO in a couple years. And it is also a opportunity for me to help mold the company.

Should I stay at current job which is very stable, but pay is low, or take a chance on a start-up. What would you guys do and why?

tell us about the company if it isnt in stealth mode, which it sounds it isnt. its prolly worth it though.

 

[Nanotech]

If you are happy with your current position/pay rate and don't really care for the new experience than stay where your at; however, if you are only slightly satisfied with your current company and would like more responsibility which comes with a higher pay scale than try something new!

 

[JImmyK]

my uncle was offered a job at a start up company in the 70s, as the CFO. There were only 3 people in it at the time. Instead he jumped on board with a bank as an analyst (much more secure) which also had 60 branches.

Bank went under in 4 years got bought out by some other chain bank, and that start up company is now better known as the Discovery channel, and all of its 4 subsidiary channels. The CFO that took his place is now worth almost a cool 150 million.

My uncle is worth about 9.4 million because he finally ended up at oracle... so he still made it decently well BUT u never know.

He constantly tells me now "your young Jimmy u can afford to take chances later in life you cant."

gluck whichever way you go mate.

 

[Maverick]

take the path less trodden

 

[OhZyeah]

Does anyone know avg. salary for a Business Development Associate for a Start-up company (To give you an idea, about 60 employees in company) located in Silicon Valley?