Gain experience and build the entrepreneurial skills valued by industry, whether you have a business idea to develop or are seeking employment with a startup.
Whether you work for or become the founder of a startup or social enterprise, the experience can:
While there are many benefits to founding or working for a startup, there are some factors to consider when deciding if this career pathway is for you:
INCUBATE, the startup accelerator and entrepreneur event program developed by the University of Sydney Union, defines a startup as "a fledgling business that is creating a completely new product or service based on technological innovation".
A startup is not a small version of a larger company. Startups are often doing something completely new and thus are searching for a repeatable and scalable business model, often with the potential for global impact.
A social enterprise is a business that trades to tackle social problems, improve communities, people’s life chances, or the environment. They are usually started by a person or group with a particular passion and sense of purpose to address an identified problem.
Joining a startup is not like applying for a regular job. Startups move quickly and tend to hire on an as-needed basis, meaning they are often looking for interns and employees to fill positions that begin immediately. Positions are dependent on what founders (business owners) are looking for and applicants need to show they have the right attitude, skills and ambition to help them succeed. These include: