10 questions you must ask before accepting a job at a start-up
Thinking of joining a start-up?
Once you get a job offer, your next concern should be how much will you be earning? Companies don’t put the best offer on the table. So you should pursue the matter when you talk to them.
What to keep in mind?
There are a few things you should be sure about before you accept that job proposal from a start-up…
What’s on top of their TO-DO list?
Ask the company what is the task which is of prime importance to them. That way you will understand about their focus and seriousness.
What is their runway?
You should ask how much financial support they have currently and how long do they think it will support them. Measure it 3-4 months less than what they say, in case they over-estimated or some untoward expense comes up.\
What is their runway?
You should ask how much financial support they have currently and how long do they think it will support them. Measure it 3-4 months less than what they say, in case they over-estimated or some untoward expense comes up.
What is their sales strategy?
How do they plan to sell their product or service? If you think it is good and you can improve it further, then it might be a good choice.
What are they solving?
Ask them what problem they are providing a solution to. If they aren’t sure what, or the problem doesn’t excite you, then you shouldn’t take the job.
How is the work environment?
Try to understand what kind of co-workers you will have and what kind of people you will be working with.
What are the goals?
If your interview is with the founder, try to find what drove him to start the company, how does he plan to deal with projects and problems and what exactly is he expecting of you.
When is their next funding?
If it is in a few months, then there will be too much work and hence the hiring. It is possible that once the funding is over, there might not be enough work and could have possible lay-offs.
What is their exit strategy?
If it doesn’t work, how do they plan to close? Finding about this will help you see how serious they are about employee welfare and their venture.