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Tag: risk

What to expect working at a start-up

What to expect working at a start-up

Business
In this struggling economy where one may be forced to accept a position with any size business, understanding the differences inherent in working at a start-up, small, or large company sets expectations and diminishes frustration. Size does matter. Start-up Companies Working for a start-up company is sexy and exciting, filled with endless possibilities. The path is new and uncluttered with corporate politics and muddied company history. For the newcomer, it’s a blank page waiting to be filled. Because it is unchartered territory, it’s also pretty scary. There are many questions to consider prior to signing on with a newly formed or young company. Before taking the great leap, it would be wise to consider a few of the following topics. Risk tolerance Risk tolerance is genera...
Self Employed – The Art Of Taking Risks

Self Employed – The Art Of Taking Risks

Business
Working in the arts is not a path to financial security or a job for life. Being self-employed in the arts is even more risky. People who set up creative small businesses are usually natural risk takers, but choosing a life of risks means coping with the consequences day to day. With grown-up responsibilities like a house or a family it becomes even harder. The irony is that art is risk. The only sure way to fail is to do nothing. If creative business owners don’t take risks, it’s practically impossible to get ahead in their career. It’s a simple truth, but a hard reality. Assessing the Risks A proper risk assessment is vital when contemplating any new business venture, in a creative field or not. A risk assessment looks at all the possible problems that this project could enc...