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Why Working In A Small Company Kicks Ass

Why Working In A Small Company Kicks Ass

Studies have shown that the happiness of a person in their job starts to decrease dramatically after the firm passes one hundred employees. What is it about small companies that makes us so happy? I can’t tell you the number of entrepreneurs that went to found their own business because life at the big company basically sucked. Opportunities you spent years building up to — gone. Credit for your efforts — nowhere. A feeling of value in the machine — hell no. My personal experience in co-founding Twoodo and knowing many people who made the switch over the years adds substance to the hypothesis.

It used to be that large companies offered security and perks that small companies couldn’t live up to. However, those old stereotypes are disappearing as small companies (past the early stage of development) are stepping up with equal or better contracts.

small-biz-office-culture

    What is a “small company” anyway?

    There’s the micro company (1 – 10 employees) and then the small company (<50 employees) (European Union). In the USA it depends more on the firm turnover. You can take a look at the overview of how every country in the world defines a small company here. Small companies are often lumped in with medium companies and called SMEs (small medium enterprises).

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    What are scientists saying about small companies?

    The paper finds that Generations X and Y are seeking equivalent values and satisfaction outcomes from SMEs. It is seeking very caring, environmentally concerned, and sensitive SMEs.Tangible and intangible benefits, empowerment and respect, workplace involvement, concern for employee welfare and supportive management are critical. (City College Thessaloniki, Greece)

    From this study, we can see that there is a shift from “climbing the corporate ladder” to searching for fulfilling and meaningful jobs. This is healthy — there is only so much room at the top in any case. It also means people aiming for jobs that they are happier in, and happier employees mean better quality work and higher proclivity to voluntarily lend a hand in times of crisis or be more flexible. Perhaps lessons handed down from our parents in the 70s, 80s, and 90s have pushed us to find more appropriate jobs, rather than jobs that have a high financial reward.  Or perhaps the expansion of the worldwide middle class has impacted on choosing our careers less out of fear and more out of satisfaction.

    What makes small companies so successful at being great places to work? 

    The secret sauce for a great small company seems to be how it is managed. Logically, it is easier to properly manage a small group of people than a large group. Here’s a table from another study that defined five statements that impacted on employee satisfaction (ref: International Human Resource Management Journal, 2007):

    1) Working here is informal and relaxed.

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    2) Working here is like being part of a team/family.

    3) Company success is shared by all employees.

    4) I would leave this company if offered another/similar job.

    5) Employees are treated fairly by management.

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    results-study-work-for-small-company

      The conclusions from this show that people generally:

      • don’t want a highly-formalized workplace.
      • have an emotional need to feel like an integral part of the success of the company.
      • need to feel appreciated and close to their work colleagues.
      • react well if they perceive management to treat everyone equally.

      It really boils down to a question you must ask yourself every day: WHY AM I DOING THIS JOB?

      Most of your (fully-functioning) adult life you are going to be at your job. It should be the perfect fit.

      A survey of 200 UK graduates commissioned by Give A Grad A Go found:

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      • 91% believed big corporations paid more.
      • 79% felt they provided greater job security.
      • 74% felt they offered better career progression. 

      But they felt that SMEs:

      • encouraged creativity in the workplace (95%).
      • provided greater job satisfaction (82%).
      • encouraged a better work ethic (75%).
      • provide a better work-life balance.

      does-management-notice-me

        Does management notice me?

        Not only will working in a small company give you access to all levels of management, but decisions will be made faster and progression will be more visible. Your part in the operation will be more obvious and therefore more motivating. You won’t be restricted by department or hierarchy. Ideas on the fly can be pitched and discussed without needing to book formal meetings with the boss-man. The inevitable variety of the job will also keep your mind stimulated (and improve your general learning capabilities).

        AND — you get to skip all those corporate networking events :D

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        Last Updated on May 22, 2019

        50 Great People To Follow On LinkedIn, No Matter Your Industry

        50 Great People To Follow On LinkedIn, No Matter Your Industry

        LinkedIn is an excellent platform to network with great people to help you in your career and businesses. However, with over 575 million people on the site, who should you follow? This list will steer you to the right people to follow, organized by categories of expertise.

        Job Search Experts

        You will likely have several jobs throughout the course of your career, and you will constantly need advice on new trends and strategies out there in the job market. Here are the LinkedIn experts who you should follow on these matters.

        1. Liz Ryan is the CEO and founder of Human Workplace. Her articles on job searching are filled with creative and colorful cartoons.

        2. Lou Adler is the author of The Essential Guide for Hiring and Getting Hired.

        3. Dr. Marla Gottschalk will help you make an impact in a new job.

        4. Hannah Morgan runs CareerSherpa.net, where she gives expert advice on job searching and how to be more visible online.

        5. Alison Doyle is the CEO and Founder of CareerToolBelt.com.

        Management Experts

        They say that people leave managers, not jobs. These experts in LinkedIn will help you become your employees’ dream manager.

        6. Jeff Weiner. How can we leave out the CEO of LinkedIn himself?

        7. Nozomi Morgan is an executive coach. She can help you transition from a boss to a true leader.

        8. Mickey Mikitani is the CEO of Rakuten. He constantly shares his expertise in managing a global player in e-commerce platforms.

        9. Andreas von der Heydt was the head of Amazon’s Kindle Content and now the Director of Talent Acquisition. He has extensive experience in management, branding, and marketing.

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        Productivity Experts

        By maximizing your productivity, you can win in all aspects of life. The following LinkedIn experts will help you win big in your career.

        10. Gretchen Rubin is a happiness coach and the bestselling author of the The Happiness Project.

        11. Carson Tate is the founder of Working Simply. She advises us to include play in our schedules.

        12. Greg Mckeown is an essentialist. Part of being an essentialist is saying no to many things so that we can focus on the things that matter.

        13. Brian de Haaff, CEO of Aha! Labs Inc. provides strategies on how to be productive and happy at work at the same time.

        Marketing Experts

        14. Sujan Patel is VP of Marketing at When I Work, an employee scheduling software. He is an expert in content marketing and he even shares his ideas on content marketing in 2020.

        15. Megan Berry is the Head of Product Development at Rebelmouse, a content marketing and AlwaysOn powerhouse.

        16. Sean Gardner will help you navigate the social media landscape. This includes how to use different platforms to help accelerate your career. He is also the bestselling author of The Road to Social Media Success.

        17. Christel Quek is an digital and marketing expert. She is the VP of South East Asia at Brandwatch. Their products help businesses utilize social media data to make better business decisions.

        18. Jeff Bullas is a digital marketing expert. His blog has over 4 million readers annually.

        19. Michael Stelzer is the CEO and Founder of social media powerhouse site, Social Media Examiner.

        20. If you’re looking for inbound and content marketing expertise, follow Dharmesh Shah, Founder and CTO of Hubspot.

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        21. David Edelman is a McKinsey partner and is at the helm of the Digital Marketing Strategy Practice Department.

        22. Dave Kerpen leads the social media software company Likeable Local. He is the author of Likeable Social Media: How to delight your customers.

        23. Clara Shih is the CEO of Hearsay Social and the author of The Facebook Era.

        24. Aaron Lee is Grand Master of Customer Delight at Post Planner. He is an excellent resource for everything social media.

        25. David Sable is the CEO of Y&R, one of the largest advertising firms in the world.

        26. Content marketing trumps traditional marketing these days, and who else better to lead you in this area than Joe Pulizzi, Founder of Content Marketing Institute.

        Personal Branding Experts

        Part of what we market in our personal career is our brand. When people hear your name, what kind of brand comes into their mind? What traits and qualities do they associate with you?

        Here are some personal branding experts from LinkedIn to improve your own brand.

        27. Dorie Clark is the author of Stand Out and Reinventing You. He can help you craft the professional image you’ve always wanted.

        28. Dan Schawbel is the managing partner of Millennial Branding. If you’re a millennial, Dan is the guy to help you craft your personal brand.

        Other Notable Experts to Follow

        29. Lisa Gates is the expert to follow if you’re negotiating for higher salaries and promotions.

        30. If you’re a Baby Boomer, Marc Miller will help you navigate the continually changing landscape of the workplace.

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        31. To avoid getting your resumé moved to the “No” pile, read Paul Freiberger’s excellent advice.

        32. James Caan provides insightful ideas on careers in general. He is also a serial entrepreneur.

        33. Jeff Haden writes on various topics, such as leadership and management. He is the owner of Blackbird Media.

        34. If you’re looking for expert business advice on getting new customers and keeping them, follow Jay Baer.

        35. Suzanne Lucas, aka Evil HR Lady, is a great human resources specialist.

        36. If you need help in using Twitter to boost your career, Claire Diaz-Ortiz can guide you in the right direction.

        37. Ryan Holmes is the CEO of Hootsuite, a social media management tool.

        38. Customers are the lifeblood of a business and Colin Shaw focuses on revolutionizing this customer experience.

        39. Brian Solis often reflects on the future of business and how technology can disrupt our world.

        40. Nancy Lublin provides advice on more lighthearted topics, which are perfect after a long day’s work. She is the CEO behind Dosomething.org, a portal designed for social change; and the founder & CEO of Loris.ai and Crisis Text Line.

        41. Katya Andresen provides advice on how to manage your career. She was the CEO of Cricket Media and now responsible for the SVP Card Customer Experience at Capital One.

        42. Gallup has created a system to test what your strengths are and how to use them at work. Jim Clifton is the CEO of Gallup.

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        43. Adam Grant is a Wharton Professor and the author of Give and Take, which provides advice on why being helpful at work can accelerate your career.

        44. Hunter Walk is a partner at Homebrew Venture Capitalist Company and has specialty in product development and management.

        45. If you’re running a nonprofit organization, follow Beth Kanter for expert advice on this area.

        46. Emotional Intelligence is necessary to succeed in your career, and Daniel Goleman is your expert for that.

        47. Rita J. King connects science, technology and business.

        48. Tori Worthington Rose is a Creative Director at Mary Beth West Communications, LLC. She has extensive experience in sales and digital media.

        49. If you’re looking for some advice on how to use writing and personal content marketing to boost your career, follow Ann Handley.

        50. Tim Brown is the CEO at IDEO and shares his insights on Leadership and Creativity.

        These are just some of the key thought leaders and movers in various industries. They will provide you with constant inspiration, as well as the willpower to pursue the career that you’ve always wanted. Their stream of expert ideas in their respective fields will help you become well-equipped in your professional pursuits.

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        Featured photo credit: LinkedIn Sales Navigator via unsplash.com

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