Confused about doing a job or starting up a venture? Here is your solution
After my graduation, all my relatives and family friends were like "you should do a job Akash for work experience" I am sure even you all must have had similar experiences, but as far as i was concerned, right from day 1 i was all set to start up a venture, ofcourse i had 3 most important advantages on my side:
- I learnt the tricks of the business from my dad living in MFBS (Marwari Family Bijjnes School) and my father completely supported my decision
- I had an option to choose, most of us don't
- I had amazing faculty at IIPM, Kolkata who have always boosted the entrepreneur in me
So, most of us who are yet confused about should they opt for campus placements or start up a venture, i have from my experience jotted down some points based on which you all can take a better decision:
- Authority vs Flexibility: If you are one of them who doesn't mind being under a leader and you have utmost respect for higher authorities, get a job! However, in start ups, goals and targets aren't fixed, what ever order comes becomes your target so the structure is very flexible in nature and if you believe that you prefer such a flexible structure, join the club.
- Introvertisim vs Extrovertibility: First of all dont use these words, thay arent in dictionary, i just made them up :P. So, the point is, if you are an introvert person and you prefer sitting at a table without much interactions and just completing your work and rush home, congratulations, you are what the corporates are looking for, do get a job! However if you are one of those who likes to talk and communicate and exchange ideas and phone numbers, you are an entrepreneur material because networking plays a very vital role as you need contacts everywhere
- More than enough guy or Not enough guy: This means that if you want everything in plenty and properly executed on time then corporates have different departments for these and you will be happy there, whereas, in start ups, nothing is enough and easily available, you may have to use your father's briefcase as a drawer so be prepared to make lots of adjustments as "a peny saved is a peny earned"
- Leisure vs Adventure: I am not saying that jobs are leisure, i know many of my friends who slog themselves at jobs, but atleast they know how much money you bank a/c will have at the end of the month and believe it or not, its a form of leisure knowing your bank statement well in advance. However in entrepreneurship, its like an adventure trip, you never know whats coming ahead unless you are lucky enough to have fixed some of your clients. So if you think you can survive in this jungle, gear up.
- Perks vs Survival: Jobs however attractive it may get with lots of perks and incentives and salary structure there is a limit to everything at the top, whereas, business comes along with this most important advantage of gaining unlimited wealth, the more you dedicate, the more you take home, and with the increases in expenses, everyone eventually learns to give 100% to business and enjoy that lifestyle you always wanted, the car of your dreams, 2 vacations abroad and that LED with lazyboy sofa. It all comes down to survival of the fittest and sustainability, ofcourse that may not come as fast as in a job, but remember the hare and tortoise story :)
These were some of the points i think should help you to decide to come to a proper conclusion and then your father will tell you what to do LOL ! No but seriously at the end of the day its all in the guts, do what your heart says but listen to your pocket as well coz i know for a fact that even if i did not have those 3 advantages, i would still be rocking it as an entrepreneur.
cheers
Akash Poddar
akashpoddar@live.com