Pitching Your Startup Experience to an Non-Startup Audience

Question: Does having a start-up or early-stage experience help or hinder your resume’s appeal?

The answer: Depends on the reader.

I know that’s a crummy answer, but it’s the truth.

If the reader has a background with firms that were with startup/early-stage, entrepreneurial, fast growing or rapidly changing business, they can see how the experience effects what you can offer a potential employer. If not, it’s more difficult.

Think of it like working outside your home country, it’s tough to truly appreciate until you cross the border.
Since you may move between established firms and start-ups, understanding how to position your experience to a non-Startup audience is important.

Having worked in and with start-up/early-stage firms for the past five years I can share some of the key upsides and downsides. There are loads of both, but these items that come up most frequently in either discussion with colleagues or what I’ve experienced firsthand.

UPSIDES:
These are the items to emphasize in a cover letter, pitch or within body of resume.

Fine tune your view of the customer: Without all the meetings, processes, etc. this is where you focus all of your attention on understanding the need, design a product to fulfill it, understand their motivation to buy, how to find them and convince them to put money in your wallet. There’s not a company on the planet that does not want to serve their customer better. This is the best thing going for a start-up, that ability to get to the absolute essentials of bringing revenue into the business.

Visibility to the entire business process: This is the second best thing going for a startup; you get to see the entire delivery process to a client – from product, pricing, operations through collection of cash. You learn both what’s truly essential to running the business and when to add functions to your company.

Expand and Understand Your Skills: Titles are given, but generally optional when it comes to getting the work done. Those skills you were good at become great; those skills you were okay at become better. My titles have been CFO, but my tasks have including designing web pages, developing a social media plan, creating sales tools, and operating manuals. I’d never say you’ll become an expert, but you certainly learn to use what you’ve got and how to deal with situations where you have little past experience. In a small firm, you are pretty open about your strengths (also it’s hard to hide) and when to ask for help – which makes you a more effective member of a team to accomplish a given task.

Speed of Decision-Making/Risk Taking: Due to a variety of constraints, you learn to move quickly with less information. More importantly, you learn to focus on the ‘right’ information. How you approach risk is also finely tuned, because you learn to balance the need to move quickly and the risk that a bad decision can sink the firm. You move to try new ideas quickly, but you move to shut down rotten ideas with equal speed.

Problems = Innovation: There’s always some problem or roadblock to overcome. Whether it’s too little capital, change in client behavior, your solution did not work exactly right, or new competitors, you learn to adapt your original vision of what you bring to market. Because of their frequency, you become enamored with what you can deliver, less on how it’s delivered. Innovation extends well beyond the initial idea into how to make the idea commercially viable.

DOWNSIDES:
A non-startup audience may often view the following items as less than favorable because of how they differ from their typically established company perspective. I describe the traits and how to offset it in your pitch, etc. When it comes to the downsides, my advice is to assassinate the assassin, by directly addressing the issues that may derail your chances.

You could not get job in big firm: There is a common belief that traditional firms were not interested in you, so you went to a start-up.

Offsetting argument: The reality is that given the risk of capital, the investors, board and management tend to be very choosey as to who gets hired. They have both capital and reputation on the line, and when it comes to raising capital for their next deal, protecting these is critical.

Failure or non-performance of start-up: It’s the nature of the beast and no one is immune. You are defining a new product, new market or both and with this come higher risk.

Offsetting argument: It’s this risk that enables the upsides noted above, however, without a roadmap, processes or history – you are likely to make mistakes. You can compare a start-up success rate to a number of projects, products in a large firm.

Nomadic lifestyle: People will see that you may have worked with a number of start-ups in a short period of time. There are three primary reasons why this might be true. First, it can take several tries to find the right deal and you may have to jump in to figure it out. Second, not every start-up needs your skill full-time after launch; your work can be a project to get the business launched. Third, the business does not succeed or grow, so it’s time to try a new one because they cannot afford you or there’s no upside.

Offsetting argument: Start-up investors lay bets on a large number of start-ups with the belief that 1 in 10 or 20 will have a significant return that more than offsets the deals that goes sideways. They go into deals knowing that many will not succeed; the tough part is that they don’t which one up front.

CAVEATS:
Before pitching someone, learn their background and their firms. For their firms, remember that big does not always equal stodgy, and may view itself as very entrepreneurial for their size.

The non-startup audience is not wrong in their view of skills, simply different than you. It’s your responsibility to help them appreciate the startup experience.

Your experience will vary in scope and depth. Before you head out to pitch yourself, take an inventory of your experiences – you’ll be surprised at what you’ve learned!

If your start-up hit it big, then skip the above and promote the end result, you’ve punched your ticket.

Good luck today.

Mark

www.candidateschair.com/blog

http://TwitJobs.net The Career Community

Taking My Own Advice … Almost

Now that I’m back into search mode again, I am reading my own material.


I can recall the events and meetings with fellow candidate that served as the source for every post and tool. What stands out for each is either discovering a more practical method for search or how to improve our expectations.

Getting back into search has helped me remember why I gave the guideline to use ideas on the CandidatesChair as a starting place, even though they are all based on real-life experiences.

As much as candidates want to be seen as individuals, the same is true for networking contacts, hiring manager, recruiter, etc., everyone comes with their own set of circumstances.

Before you deliver a pitch, hit send, etc. – take a moment and ask three questions about the person you are addressing.

ONE: How many times will they receive a similar message/pitch?

TWO: What is important to me to know about this candidate?

THREE: How well do they know you?

Let’s use some live ammunition from my current search: My e-mail template for setting up a networking meeting (See “Tools You’ll Need”). I can use the template word for word and know it works pretty darn well – it can work better.

For questions one and two, it’s as simple as adding an extra sentence can cement the connection (e.g. same college, profession, company), establish credibility in area (e.g. specific experience addressing one of their needs), or increase their desire to network with you (e.g. people in your network of interest to them).

For the third question, I may use other means to deliver the message than e-mail, to help boost the level of connection or jog their memory. I’ll use LinkedIn, College Alumni message board, ExecuNet, or with a forwarded article of interest.

The lesson I have relearned is that the advice and tools give you a jump start in creating a message. Asking myself these three questions helps me make it more effective.

Good luck today.

Mark

www.candidateschair.com – Tools and Advice from a Candidate’s viewpoint to help get past job search roadblocks and keep your spirit strong. Please take a visit.


http://TwitJobs.net The Career Community