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Honestly, going in as the first employee of a startup shouldn't be a decision made by someone just looking for compensation. Rather, a first employee should be
by rglover 15y ago
Honestly, going in as the first employee of a startup shouldn't be a decision made by someone just looking for compensation. Rather, a first employee should be someone who is so hooked on the idea of that startup, they focus on the ability to build a company from the ground up. It's a risk, but if all else fails, they can find a job working for an established business that can offer those numbers. Joining a startup early on should be based on beliefs and passion for the company, not a paycheck.
- andrewcooke 15y agosure, but you can have belief and passion and still not want to be screwed over financially.
- rglover 15y agoYes, but is $50,000 all that bad? Sure, it may not be what your skill bracket is worth, but I think you can live quite well (given that your frugal) on that salary. What's more is that you'll be more motivated to do good work and insure that the business grows so that your salary does as well. There are benefits and setbacks but that's up to the individual to make the choice. If you're going to work at a startup, you should understand the risks.
- cgbystrom 15y agoIf the startup isn't considering their first employee a crucial hire then they're doing it wrong. And if you, as a job seeker, are dependent to land a potentially low-paying job at a startup to get a "real" job, then you probably aren't that "crucial hire" the startup is looking for. This ain't no charity business.