startup life, the good, the bad, the awesome

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Start-up Life The Good, The Bad, The Awesome.

Upload: tammy-kahn-fennell

Post on 22-Nov-2014

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This is a deck I put together to share with our awesome MarketMeSuite interns about halfway through their internship. I thought it was important to check in and have them do a "gut check" about startup life, and whether they think it could be for them in the long term.

TRANSCRIPT

Page 1: Startup Life, The Good, The Bad, The Awesome

Start-up LifeThe Good, The Bad, The Awesome.

Page 2: Startup Life, The Good, The Bad, The Awesome

What Is A Startup?

A startup company or startup is a company, a partnership or

temporary organization designed to search for a repeatable and

scalable business model.

Page 3: Startup Life, The Good, The Bad, The Awesome

We are on a journey

You are part of something more than just a company.

The things you do everyday directly impact the future of this

business.

And you do a lot of things.

Page 4: Startup Life, The Good, The Bad, The Awesome

My InternshitNo, that’s not a typo.

I interned for a large company. It sucked.

I did “fake projects” to “learn.”

They paid me for this.

Page 5: Startup Life, The Good, The Bad, The Awesome

However…I would have gladly gone unpaid if I knew my work meant something.

I left that internship with nothing more than a name on a resume.

A year later, I had the opposite experience…

Page 6: Startup Life, The Good, The Bad, The Awesome

Real ImpactA year later I took an internship, proposed an ad concept and they actually used it. (Couldn’t find

actual ad, but it was for this brand)

I was not paid for this.

Page 7: Startup Life, The Good, The Bad, The Awesome

Usually…You get a paid internship that

gives you no chance for impact

-or-

You go unpaid and learn a lot.

At MarketMeSuite we strive to give our interns both.

Page 8: Startup Life, The Good, The Bad, The Awesome

Experience Matters

“Chicken before the egg”

You need experience to get experience.

You are getting “real” experience. A lot of it. Totally “rock your

resume” real.

Page 9: Startup Life, The Good, The Bad, The Awesome

Corporate Ladder

It’s a long way up. It’s slow and corporations do things (like establish pay grades and

thresholds) to keep you on lower rungs of the ladder. (You can look forward to a 3% raise

each year...)

Page 10: Startup Life, The Good, The Bad, The Awesome

Startup Ladder

It’s a climb, but big risk = big

rewards

Page 11: Startup Life, The Good, The Bad, The Awesome

The Risks- Lots of hard work with no guarantee

- Lower pay than a corporate job

- Much higher commitment level required

Page 12: Startup Life, The Good, The Bad, The Awesome

The Rewards- Experience that will fill a resume

- Being a part of something real

- Potential for big rewards later

Page 13: Startup Life, The Good, The Bad, The Awesome

Look In The Mirror

Do you value experience?

Do you enjoy having your work directly impact the real world?

Do you love what you do?

These are the questions. You have the answers