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Advantages of Startup
Many CEO and top management position executive leaving their jobs and starting their own business, there might be various reasons such as passion, advantages of startups and to learn something new with ecommerce application. Advantages of Startup might be the biggest reason many people are leaving their high paying jobs and starting their own business.
Flexible-Startups are small are not formally structured, they keep on doing innovation and keep doing changing within the startups. They adapt new technology and new business model and they make changes as per the market conditions and this all is not possible in bigger companies. The advantages of adopting new things make startups more flexible.
Multitasking-Most of the startups start with a small team when team is small there is no fix responsibility for employees according to the condition they have to perform the given task. If someone is into HR they can handle another department also and a marketing person can take care of the technical side of the company. This helps in improving the multitasking within the employees.
TeamWork-Startup always works in a small team where most of the people are like-minded and follow the same kind of passion. If the team is a small group discussion will take place and employees can share their idea and solution, this will add value to the startups and in the employees as well.
Personality-This is the most important advantage of the company; startups always have a better and more accessible personality. The CEO of the company almost attends all the meetings and actively takes part in team meetings. The employees are free to share and adapt to the culture.