STARTUP INSIGHTSTips from an industry insider

Thinking about a career in the startup industry? Here’s 6 insights to help you decide.

design

development

beta launch

feedbacks

redesig

n

feedbacks

expansio

n

new pro

duct

proto

yping

Final pro

d.

Beta V.2

STARTUP INSIGHTIt’s an experiment in search of a business model

1

Takes Ownership

Check Your Pride at the Door

Takes Fun Seriously

Thinks Big

Fast Is Better Than Slow

STARTUP INSIGHTIt’s not for everyone. Common values successful industry insiders possess:

2

Seattle

65

Silicon Valley

Austin

Chicago

Boston

NYC

STARTUP INSIGHTThey can be found everywhere. Some of the biggest startup hubs in the world are in the US:

3

Traction is proof that somebody wants your product.Many new businesses and start-up companies often find it difficult to get off the ground. Finding enough capital to fund a developing business and keep it running can be difficult for a company that has not had sufficient time to prove itself in the marketplace. By creating business traction, new companies can attract potential investors and gain a competitive edge in their industry.

Let's feel this 'Yay!'

Moment

STARTUP INSIGHTVenture Capitalists invest in momentum. Traction is your story of momentum.

4

STARTUP INSIGHTThe opportunity they provide comes with both risks and rewards

5

Risks &

Rewards

Salary & Benefits

Long Hours Culture

Equity

ExperienceJob Certainty

Long Hours Industry insiders often work beyond the

typical 9-5 routine

Job Certainty Startups are volatile.

Salary & Benefits Established companies tend to offer higher

salaries and more comprehensive benefit packages than startups.

Culture Working for a startup gives you the chance to craft the type of workplace culture you want to spend your days in.

Experience The nature of startups allows employees to develop a richer experience than that of an established company.

Equity Startups tend to award equity in the company to its employees.

STARTUP INSIGHTMost Startups Fail. Here’s a glance at the success rate by Founder’s experience:

6

Repeat Failed Founder

20%

First Time Founder

18%

Repeat Successful Founder

30%

Further ReadingWhere are the industry insiders getting their news and info? Here’s some of my personal favorites:

HACKER NEWS

Reddit for Startups

CRUNCHBASE

Most comprehensive public database of

startups

TECH CRUNCH

One of the top media outlets covering the

startup industry.

NEWS.YCOMBINATOR.COM CRUNCHBASE.COM TECHCRUNCH.COM

Joe Mainwaring

Software Engineer HighGround, Inc.

Thank You

Follow me on ! Twitter, " Dribbble, and # Github @ theaccordance

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It’s an Experiment

It’s not for everyone

They’re Everywhere

Traction brings investments

Both Risks and Rewards

Most Fail