The Great Resignation was brought about by the simultaneous occurrence of a series of events during the COVID-19 pandemic. Workers in offices and technological fields discovered they could complete their tasks remotely from their homes or other locations. They left their previous positions in search of ones that provided greater flexibility in terms of hours worked, money, perks, and overall quality.
Even though the Great Resignation slowed down and was replaced by “quiet quitting” in early 2023, many employees are still making a move — leaving corporate giants in favour of small to medium-sized startups. This transition occurs even though “quiet quitting” replaces “Great Resignation.”
Is it the best option for you to look for work with a new company that’s just getting started? Find out how making such a change can help you get experience that is relevant to your field while also putting your prior experiences and skills to use. It is possible that doing so will make you feel more fulfilled.
Need Flexibility? Startups Have It
Attractive to employees for at least twenty years, tech firms in Silicon Valley, California, offer perks such as flexible working hours, paid leave for mental wellness or parenthood, in-house wellness programs, and other similar initiatives.
All of these continue to be appealing, not just to new businesses in the United States but also to those in the United Kingdom. Even though many large organizations require remote workers to return to the office following the epidemic, most startups still permit employees to set their own hours and operate from a home office, provided that their productivity does not suffer.
Embracing Entrepreneurial Spirit
Startups are where new ideas and business ideas are born. A startup environment might be perfect if you want to build something new, make a difference, and question how things are.
On the other hand, startups often urge their employees to think outside the box, take risks, and look for solutions that aren’t typical. This freedom and independence can be very freeing and satisfying for people who want to feel like they own and control their lives.
A Faster Learning Curve
Working at a startup allows you to try different tasks and jobs, a great way to learn about different business areas. You can do many different things in a small team and learn many skills. This faster rate of learning can give you a big boost in your work and lead to exciting job opportunities.
Also, because companies move quickly, you often must think and solve problems quickly. This helps you become more agile and adaptable, highly sought-after skills in today’s fast-paced business world.
Impact and Influence
In big companies, it’s easy to feel your ideas get lost in the paperwork. On the other hand, startups give you a chance to make a big difference and immediately see the effects of your work.
Why Quit Big Business? Your ideas and contributions mean a lot in a startup where every choice can change the company’s direction. This power level can motivate and give a sense of purpose and satisfaction that may be hard to find in a bigger organization.
Flexibility and Agility
Startups are known for being flexible and quick, which lets them adapt quickly to market, and customer needs changes. Why Quit Big Business? This setting encourages creativity and new ideas because teams always look for new ways to solve problems and change their plans to stay ahead.
When you join a startup, you become part of a dynamic ecosystem that pushes you to try new things and helps you develop a growth mindset. This flexibility goes beyond work processes and includes work-life balance and the ability to make your own schedule and working environment. This gives you a greater feeling of control and autonomy.
Financial Rewards and Equity
Starting a startup comes with financial risks, but there is no doubt that it could pay off. In a successful startup, the equity value can skyrocket, giving big financial gains that may be bigger than those in standard corporate jobs. Also, startups often give early employees a chance to get equity stakes, which makes them real stakeholders in the growth of the business.
This can give people a strong sense of ownership and encourage them to go above and beyond to help the startup succeed.
Sense of Community and Camaraderie
Startups give team members a strong feeling of community and friendship. The small size of a startup team makes it easy for everyone to work together toward a common goal and help each other. Collaboration is often stressed; Why Quit Big Business allows people from different departments to work together and learn from each other.
This sense of belonging and shared purpose can create a rich and satisfying work setting that helps people grow personally and professionally.
Accelerated Career Growth
Forbes magazine says working for a startup gives you “the chance to help the organization grow and have a say in how it grows.”
At a larger company, on the other hand, “you may not be able to make a big difference in how the company grows or changes unless you are a founding member or an executive.”
Because of this, a startup is a great place to work if you want to make real changes in your field or quickly move up the corporate ladder.
Starting Your Own Business
Creating your startup could be one of the most compelling arguments for quitting a large company. Why Quit Big Business Many formerly expensive online technologies have become accessible, and it is now possible to source employees worldwide thanks to the Internet.
Some neighbouring nations even have financial incentives for people to launch businesses there. A World Economic Forum report states that Ireland provides 400 hubs for remote employees and financial incentives for those who relocate to rural areas. If you can hire ten people and project a three-year revenue of at least €1 million, you may be eligible for additional awards.
Similarly, Italy is attempting to repopulate rural areas by providing residency and startup incentives in addition to low-cost homes (for those prepared to make renovations).
This could be the perfect time if you’ve ever considered being your own boss.
It may seem like taking a leap of faith to leave a huge company in favour of a new venture, but individuals who can thrive in a dynamic and always-shifting atmosphere should consider making the switch. Why Quit Big Business These include adaptability, creativity, ownership, professional development, and even the opportunity to launch a company.
Check out the local startups in your industry now if you’re searching for a change of scene and tempo, with the opportunity for ongoing education and significant participation in meaningful projects.