Categories: Uncategorized

First Paycheck: Corporate vs. Startup

#entrepreneurfail – www.entrepreneurfail.com

I’m worth more! My two first weeks at a role in a Fortune 500 company yielded a paycheck with an unexpected amount.  In absolute terms, the sum of money was decent – enough to pay my student loans, rent and even a little discretionary splurging on the side. Yet for some reason I felt shortchanged as I counted the hours I actually worked: there was no way to increase my earnings.  Additionally, looking at all the taxes, insurance and social security deductions, I believed my value was much more than what I received. Fast-forward to when I left Corporate America to start pursuing my own business ideas.  The effort I put forth was mentally, physically and emotionally more intense and time-consuming than any corporate role I’ve been in.  Toiling and laboring through uncertainty, and I wasn’t even making a penny. One day though, when the first trickle of money came in (and trickle is a generous word), I can’t describe the delirious elation I felt! Interestingly enough, if I did calculate my hourly rate in an entrepreneurial venture – I’d be breaking labor laws in every country around the world! And tax deductions, which irked me when I got a corporate paycheck, didn’t even enter the outskirts of my thoughts. All I could think of was how to celebrate the fact that someone finally believed my company’s vision. This irony is an #entrepreneurfail. Why the difference in reaction? The feeling of satisfaction when you get validation for something that is yours alone is unparalleled.  Entrepreneurs have an innate need to create, and when there is a sign that the road less taken may be the right one, it means so much more than just a salary. How did you feel when you got that first paying customer or client?  Let us know in the comments below. (Our forthcoming book of comics illustrates the humorous differences between corporate and startup roles.  Sign up on www.entrepreneurfail.com to be notified when it launches.)  
Techli

Edward is the founder and CEO of Techli.com. He is a writer, U.S. Army veteran, serial entrepreneur and chronic early adopter. Having worked for startups in Silicon Valley and Chicago, he founded, grew and successfully exited his own previous startup and loves telling the stories of innovators. Email: Edward.Domain@techli.com | @EdwardDomain

Share
Published by
Techli
Tags: Comics

Recent Posts

Houston-based startup announces integration of orbital biomedical OS to advance biological discovery in low Earth orbit

Commercial space station developer Starlab Space announced this week that it has partnered with Helogen…

3 días ago

What the launch of Revenue OS by ADvendio signals for the future of agentic advertising

It won't come as a surprise that agentic AI holds tremendous promise for the advertising…

6 días ago

Billdr relaunches as new “OS” for construction back office, raises $3.2 million

Software company Billdr, which is building the AI-native operating system for construction, announced in late…

2 semanas ago

Ness appoints new CTO to ATONIS to bring intelligent engineering to enterprises

AI has long promised to unlock widespread operational efficiencies, automate workflows and generate key business…

2 semanas ago

Crescite Bets on Faith-Driven Finance With Catholic USD™, a New Kind of Stablecoin

Crescite Innovation Corporation is entering the stablecoin space with an approach that challenges the dominant…

4 semanas ago

AI maintenance startup Fracttal raises $35 million to scale predictive asset management

Fracttal, a leading company in AI-powered maintenance solutions, announced on Wednesday it has closed a…

1 mes ago