Is a corporate or startup job better to initially build my resume?
I am very passionate about learning and would like to launch my own startup, but I also want to start building my resume. Would a startup help me do that or would it be better to first go to a larger company? In either event, I think having a mentor would be helpful. I would have mentoring at a larger company, but how do I find mentors if I start my own business?
We don't know your educational background, whether your startup is related to that, or where you're located. these would all help to give you more directed advice.
Working for a large company and launching a startup are not mutually exclusive. The advantages are great. You actually have a salary to live while gaining experience and adding credibility if it's a marquee company, e.g. Google, and building an invaluable network. If you're really passionate, the kind of work schedule you'll have to maintain is not an issue. Just be prepared to have little to no social life, except when you go to networking events.
It can take time to find the right mentor/s. Be very clear about what you want to learn and what your expectations are for your mentors. Chances are you are not going to meet mentors who can advise you about startup challenges within a corporate environment, hence the need to get out and network to actively build your network. You'll find your mentors who can become advisors to your startup and help you secure funding and customers while benefiting from their experience.
First, do NOT assume that you would receive any valuable mentoring in a large company -- and if you did, it would be about large companies. Very few startups are large companies, so what you learn would not be as valuable as you might think. If you want to go to an established company, look to companies in the range of 250 to 1000 employees. You'll probably encounter opportunities to learn that are more aligned with startups there.
On the other hand, check out SCORE -- that is an organization that provides free advice from experienced business owners and executives to new and small businesses.
If you are 'desperate to build your own empire,' resumes are beside the point.
Basant, valuable experience can be gained by doing either one. I would say based on what I have read in your question and in your responses, you are inclined to start your own business. DO IT!
As mentioned, you will have the opportunity to learn a lot of things and IF you have business discernment, listen to others by hearing their advice, observe carefully and reach out to qualified business leaders for advice you can achieve your dreams of building a successful business.
Every business and startup experiences roadblocks. Find a way around or over them.
Do what you feel led to do...gain the experience and do not be afraid of the problems and issues that will arise.
In the end your paper resume will look good either way...but the stories you can communicate based on trial and error will show others you are more than capable. AND if you succeed in your business venture...you won't really need a resume, will you?
Look me up via LinkedIn. I will be glad to periodically offer you qualified advice.
Hopefully this will help at least a little. Right out of school I was offered a job at a small accounting firm and I was also offered a job at one of the six largest accounting firms. I asked for advice because I really liked the smaller firm but was conflicted. EVERYONE I asked told me to take the bigger firm. And the reasons were mostly the same. The CREDIBILITY of having worked at the big firm would be enormously beneficial in ways I couldn't imagine at 22 years old.
I took the bigger job. Put in seven years of hard work still with the idea that I would go to a smaller firm or start my empire. Looking at it in hindsight, it was 100% the right move. The work with the larger firm has had significant impact on the work we are doing today and has added tremendous credibility to my resume.
As for the mentor, I had great mentors at the larger firm. When I left, I found great mentors just from my business dealings. Once you get working, you'll know who you want to confide in for advice.
Maybe for you, seven years at a big firm is too long. But two years? Four years? You'd be 23-25, with enormous experience and more clients, investors etc will take you seriously as the force that you are...
Well, if you working for a corporation that is an established brand with a great public reputation that will help your resume. In terms of mentor, I would recommend networking because it will give you a diverse group of people that you can talk to and build business relationships. In terms of starting your own startup, you can do that on the side while you work in the corporate world.
In terms of resume enhancement - either could be good experience and noticed by others perusing your resume 'down the road.' Working for a company with a well-known name helps get you noticed, but so too does the varied experience you will gain working for a start-up entity. The real question you should ask yourself is what type of person are you? Do you need the structure of a corporate job, or like the additional opportunities and creativity possibly presented by a start-up? Having done both - it's really a personality question - and either option can have great mentors.
Learning...you will always. You may want to consider the space offered to you to enhance / extend your creativity depending on the opportunity presented to you...For what it comes to mentoring, in corporate you do not choose your mentor, she/he is selected / presented to you following an HR internal process...While in online-community & networking group you might have most possibility of shaping your mentor-profile...
Very good question Basant. Like the way you have articulated and understood your career need. If you were to ask what's better then I don't know cause its your call and i have seen people on both sides of the coin being successful and also failing.. The Safer route is joining a Large company, learning the nuances of the departments and spending around 3 - 4 years before you jump to start. Do note that a Startup is not at all a easy job and 95% of the people fail. Mentors are like Astrologers, they will give you suggestions and if you succeed then they will say "I said so" and if it Fails , dont bother looking for them, the point is , you are big enough to take decisions