If you ask any successful person his/her reason for being successful, 99 out of 100 would answer experience as one of the most common reasons. Not many would say that risk taking capability has make them successful, though if asked no one would deny that. But there are some genius or super-lucky people like Mark Zuckerberg who reach pinnacle of their career without actually gaining much from their experience. It’s majorly the risk taking capability combined with some other important factors which makes them successful.
The conclusion- You can be successful with or without gaining ‘experience’ but never without taking ‘risks’.
For any wannabe entrepreneur this is one of the most challenging questions- whether to take risk right now or gain some experience before taking the leap? My ‘experience’ has taught me that experience can be gained in several aspects of life which may or may not be directly related to the idea which we are trying to implement.
If you think that the idea which you want to implement is at least 90% ‘directly’ related to your current work, then you can choose to gain more experience before deciding to take the leap, otherwise not!
What I mean by ‘directly related’ here? Let me give you a simple example – if you want to start an online business and you work for an IT biggie then your work is 100% related to your idea but not directly. Because the experience you are gaining there is completely opposite of what you’ll face while starting up. No AC office, no SAP to manage (almost all) your official tasks, no costly software, no free telephone facility and worse no direct Client handling experience or core coding experience.
In such case there is only one thing you are gaining for your startup- money! As soon as you save the money you think will be required to startup, simply quit! Otherwise in this – Experience Vs Risk fight – experience will always win!
I have firmly started believing that young students from Colleges should join startups more often than choosing any big corporate. This risk if students take early in their career will ensure that they gain ‘right’ experience and would help them a lot in deciding their future path. Big corporate put students in a very safe kind of environment which further hinders the chances of taking any risk.
I have seen people who started their career in startups, choosing ‘risk’ to ‘money’ and were graciously excepted later by big companies with a better package and higher position.
The point is you’ll never lose the opportunity to work for such big firms, whether you start low or high in your career -But if you start high your chances of taking risks will decrease and that may not be good for you in case you aspire to reach that pinnacle of success :).
What’s your say on this?