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Your 10 Rewards From Joining A Startup

Your 10 Rewards From Joining A Startup

Joining a burgeoning start up results in what is usually a thrilling, wild, and terrifying journey. You never know what to expect, for better or for worse, and are constantly surprised as you walk the less-traveled path. There are a lot of reasons to join a start up, positive or negative. Here are ten happy consequences of joining such a company.

1. You Learn

When you’re building something from the ground up every moment that you’re constructing it is a huge learning experience. With a start up there’s no playbook yet; you and your team write the book yourselves with the lessons you learn together. At a regular job you might learn company policies and standard procedure. At a start up there is no standard procedure, so you learn in extremely informative but completely unexpected ways.

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2. You Work Hard

You had a lot of time to party in college; now it’s time to get to work. You’ll feel good about putting a lot of effort into something that you’re passionate about. To keep yourself motivated you should remember how that hard work could potentially pay off huge down the line.

3. You Work How You Want To

An established company has a routine. Your employers will expect things done in a certain way, at a certain time, and in a certain order. At a start up there are less of those regulations. Your team doesn’t always care how you complete their tasks; they’re happy as long as they’re getting good work done.

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4. You Have an Awesome Workplace

We’ve all seen photos of start ups that show an office that you actually want to go to every day. Think about how great working in a Google-like environment would be for your spirits and your productivity.

5. You Get Inspired

True inspiration is rare if you’re doing the kind of work that many have done before. At a start up you’re treading completely new ground, so you have many more opportunities to get the kind of inspiration that can change everything.

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6. You Matter

When you’re a cog in a machine you feel like you’re not worth much. At a start up you’re worth everything to your team. As a part of a small group your contributions are that much more significant. You are truly impacting the success of the company instead of just pushing paper around.

7. You Might Profit

The founders of successful start ups are the ones going from rags to riches, reaping in millions or even billions of dollars. Even if you’re not the founder, your reward can be massive. A percentage of a driven, inspired company can be worth a whole lot in the years to come. Ask early employees of Facebook, Twitter, Instagram, Pinterest, etc.

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8. You Might Succeed

True success isn’t measured by dollar amount. Succeeding at a start up means you’ve really built something great that you’re proud of. If you find meaning in the work you do you have found some kind of success. That is so much more possible at a new business than an established one.

9. You Might Fail

A lot of start ups wither away, it’s true, but those kinds of failure can be life-changing experiences. Your successes teach you a little, but the times you fail are when you learn the most.

10. You Grow

At the end of the day, aren’t we all looking to be a better version of ourselves? Time at a start up gives you the maximum opportunity to change and grow along with your company. The independence involved in working for a start up is an opportunity to throw yourself into the deep end and really test yourself. If you join a start up, whether it be a major success or massive failure, you will get to see what you’re really made of.

Featured photo credit: Philippe Lewicki via flickr.com

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Matt OKeefe

Matt is a marketer and writer who shares about lifestyle and productivity tips on Lifehack.

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Last Updated on May 20, 2020

What Are Analytical Skills (And How to Strengthen Them For Success)

What Are Analytical Skills (And How to Strengthen Them For Success)

Everybody makes bad decisions. Some people, however, are more capable of making better decisions that inch them closer to success.

These individuals are not ruled by emotions, desires, or hunches. Rather, they depend on their analytical skills to overcome challenges regardless of urgency or complexity.

What Are Analytical Skills?

According to Richards J. Heuer Jr., a former veteran of the CIA,[1]

“Thinking analytically is a skill like carpentry or driving a car. It can be taught, it can be learned, and it can improve with practice. But unlike other skills, it is not learned by sitting in a classroom and being told how to do it. Analysts learn by doing.”

Analytical skills can be considered as one of the critical life skills that are not taught in schools. It comprises of visualization, critical thinking, and abilities for gathering and processing information.

Here’s a closer look at some of these abilities:

Visualization

Also tied to a person’s creativity, visualization is the ability to predict the possible outcomes of strategies and actions. In a professional setting, visualization involves the analysis of data – often through illustrations like charts, graphs, and detailed lists.

Critical Thinking

Simply put, a person’s ability to think critically can be measured by his or her consistency in creating reasonable decisions. It pertains to the ability to evaluate information, siphon what’s useful, and draw conclusions without being swayed by emotions.

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As a critical thinker, you’ll find yourself challenging assertions and finding loopholes in proposed solutions.

Computing

Whether you like it or not, you need to be comfortable with numbers if you want to sharpen your analytical skills. Bear in mind that computing encompasses other skills like cost analysis, budgeting, and performing general calculations.

In business, you need to use computations when weighing the risks and benefits of any given strategy.

Problem-Solving

Remember that analytical skills are used not just to understand problems, but also to develop the most suitable course or courses of action. This relates to your goal-setting skills, which involve breaking down and prioritizing between objectives.

Resource Management

Lastly, analytical skills involve some degree of resource management depending on the task at hand.

For example, professionals with a tight schedule must know how to effectively manage their own time – also known as one of the most important resources in the world.

Business leaders, on the other hand, must know how to manage company resources, including cash and manpower. Take note that the definition of analytical skills may change to match the requirements of a specific situation.

For example, upon hiring a web developer, analytical skills may refer to the ability to determine the needs of online users, understand web analytics for optimization, and identify visual elements that can match a company’s brand.

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The skillset above, however, should be applicable in most if not all scenarios.

Develop Your Analytical Skills for More Growth Opportunities

There’s no question that the right decisions lead to positive results. It doesn’t matter if you’re running a business or simply trying to climb the corporate ladder. By training your analytical skills, you position yourself for more growth opportunities while staying away from negligible actions you will regret.

For example, you plan to launch a new startup in your local community – but struggle to decide the niche you want to enter. Since you’ve been a technophile your whole life, part of you desires to invest in a gadget store. If you’re passionate about your business, success will come – right?

If you have sharp analytical skills, you begin to see your plans in whole new dimensions.

What are the possible outcomes of this venture? Does the local market have a need for a new gadget store? How much do I need to get started – and how much should I sell to make a profit?

Depending on your findings, you can determine the feasibility of your business idea without letting your emotions get in the way.

6 Ways to Strengthen Your Analytical Skills

There are several approaches when it comes to developing an individual’s analytical skills. For instance, psychologists agree that reading fantasy stories as a child can help sharpen critical thinking.[2]

Research also suggests that undergoing traditional education has a positive effect on a person’s IQ and analytical skills.[3]

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But as an adult, such opportunities to hone your analytical skills no longer apply. That’s why you need to devise a more deliberate, active approach yourself.

Below are a few strategies to get you started:

1. Ideate Business Ideas

Developing a profitable business idea, whether you pursue them or not, involves numerous challenges. You need a ton of research, computations, and problem-solving to create a tangible business plan.

You can organize your ideas with a note-taking tool like Microsoft OneNote or Evernote. Doing so will allow you to delve deeper into your analysis, organize your findings, and stay focused on roadblocks as well as how to solve them.

2. Leverage Analytical Tools

Aside from note-taking tools, you can also leverage other software that can help with analytical tasks. A money management app like Mint, for example, makes it easy to track your spending habits as well as manage your budget with visual tools. When it comes to prioritizing goals, you can use simple task management apps like Trello or Wunderlist.

3. Have a Personal Learning Library

Thanks to the internet, there’s a colossal amount of resources you can utilize to learn new skills, expand your vocabulary, and train your visualization muscles.

Social media networks like SlideShare and YouTube, for example, offer mountains of tutorials you can access to your heart’s content.

For a personalized learning library, you can download Instagram videos or GIFs from educational accounts like NASA Goddard and the American Mathematical Society. But if you prefer specific, technical skills, then a good place to start would be online learning platforms like Coursera, edX, and Alison.

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4. Participate in Online Communities

The internet is a great place to share experiences, opinions, and sometimes intellectual discussions with like-minded individuals. Reddit, for example, has a place or “subreddit” dedicated for every topic imaginable – from technology to entrepreneurship.

For structured debates, you can head to websites like Debate.org and let other users choose the winner via votes.

5. Seek Mental Stimulation

To keep your mind sharp, make it a habit to engage in mentally stimulating activities, such as chess, puzzles, and brain training apps. A great resource would be Lumosity, which contains dozens of cognitive games designed by teams of scientists and game designers.

6. Keep a Personal Journal

Finally, keeping a personal journal allows you to take a second look at everything that happened in your day.

Remember that writing about learning experiences lets you focus on the lesson rather than the emotion. It will help you analyze how you made your decisions, why you came to certain conclusions, and what you can do to improve in the future.

Here’s How to Create a Habit of Writing in a Journal.

Bottom Line

As an adult, you are required to face a myriad of challenges on a daily basis. Work, school, business, relationships – the list goes on when it comes to the sources of life’s problems. With analytical skills, you can confront and overcome any obstacle standing between you and your goals.

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Featured photo credit: Campaign Creators via unsplash.com

Reference

[1] M. S. Ramaiah University of Applied Sciences: Analytical Thinking?
[2] KD Novelties: Why You Should Read Classic Tales to Your Children
[3] Economic Inquiry: The Effect of Education on Cognitive Ability

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