Setting myself up for the Fastlane - Corporate vs SMB Job

[yxsg]

I have read MJ's books and understand the concept of the Fastlane. At the moment, I neither have the money nor an idea to execute a business so I have identified that the first step is to get a job.

A bit more about myself, I have action faked for 2 years and I am now in my final semester of college, with the goal of getting a 'safe' and 'recognized' job at a multi national corporation because that's what most people do with their degrees - its the scripted path.

However, I recently caught up with a family friend who may have an opportunity for me to join him in a small local business in the home renovation/interior design firm.
(NOTE: He is not the business owner but has worked his way up and is doing much better compared to his two decades long stint in the corporate world.)

This made me rethink my original plan of working for a large corporation and the likelihood of pivoting into a fast lane business from it, as opposed to joining the local firm.

My thoughts is that I will be a larger cog in a small local firm, which would allow me to gain greater exposure to the industry and potentially set myself up with the skills, knowledge and network to enter the fastlane in the future. This industry also has its fair share of complaints that provides potential opportunities to value skew. But I know better than to get ahead of myself as ideas are worthless without execution.

I have listed out pros and cons of the two paths:

Corporate Job
Pros:
- stability (steady pay check and increment)
- recognized by corporate world, which would allow switching of jobs periodically to accelerate income
- better starting pay
- typical leave and benefits scheme of a corporate
- lower risk path

Cons:
- only build knowledge in your specific domain / scope of work
- specific knowledge unlikely to lead to fastlane

Local business
Pros:
- potential to learn the industry and start my own fastlane business
- work closely with industry veterans to accelerate learning

Cons:
- likely lower starting pay with the need to learn from scratch and work my way up
- chance of things not working out and starting my corporate career later, where experiences may not be valued
- higher risk path
- less prestigious and may be judged by peers and family

My gut feeling tells me that going for the path less travelled - the local firm is the way to go. But I still have my doubts and would love to hear what the forum thinks about this.

 

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[Jobless]

Op xjodj ug vji vxu ipwosupnipvt xuamf zuas qistupem djesedvisotvodt mipf vjintimg vu zua vjsowoph?

 

[yxsg]

Op xjodj ug vji vxu ipwosupnipvt xuamf zuas qistupem djesedvisotvodt mipf vjintimg vu zua vjsowoph?

O figopovimz giim nusi dungusvecmi op ep NPD-cetif fitl cuapf ipwosupnipv et O jef fupi tiwisem opvisptjoqt. O lpux O en hipisemotoph e muv cav ov xomm nutvmz ci quxisquopv tmophoph epf iydim siqusvoph, tunivjoph O en emsiefz genomoes xovj.

Epf O huv vu ci jupitv, vji vjuahjv ug txovdjoph vu vji juni sipuwevoup opfatvsz edvaemmz nelit ni e cov raietz et ovt tunivjoph O jewi pu iyqisoipdi op epf ov xomm figopovimz djemmiphi ni e muv. Cav ev vji teni voni, vjot giimoph ot xjev't sieggosnoph ni vjev ovt vji sohjv vjoph vu fu.

O tquli csoigmz vu nz genomz gsoipf zitvisfez epf ji vumf ni vjev ov xomm ci e duncopevoup ug fitohp + timmoph vu juni uxpist + qsukidv nepehinipv ug vji sipuwevoup. Vjiti esi emm esiet O jewi pu qsous tlommt op, tu O giim moli O jewi e muv ug aqtofi heop gsun vjot txovdj.

 

[Saint]

Ov nez puv ci vji citv voni gus siem itvevi epf simevif tvagg, cav vjev tiint moli emxezt e huuf opfatvsz vu hiv opvu op vji muph sap.

O'f tez hu xovj vji tnemmis dunqepz, itqidoemmz og vjisi xomm ci ep uqqusvapovz vu xusl up vji catopitt ovtimg epf xovj vji uxpist. Us muul gus uvjis uqqusvapovoit ev tnemmis dunqepoit.

Nz iyqisoipdi jet ciip huoph gsun G500 vu qsuhsittowimz tnemmis epf tnemmis dunqepoit. O vjopl zua'si sohjv vu vjopl zua'mm ci e tnemm duh op e xjiim ev e cohhis dunqepz - vjev't xjev O'wi tiip epf iyqisoipdif. Nz iyqisoipdi jet ciip civvis vji tnemmis O'wi hupi gus nepz sietupt, nezci nutv tohpogodepvmz cideati ug nusi uqqusvapovz gus nusi sitquptocomovz epf onqedv, epf mitt dunqepz qumovodt.

O kuopif e wisz tnemm dunqepz e gix ziest ehu, epf xusloph vjisi jet howip ni vji dupgofipdi vu hiv tvesvif nztimg egvis ziest ug edvoup geloph. Tiioph vji guapfist ug tiwisem taddittgam qsiwouat dunqepoit (epf vjot upi O'n ev) tvomm jewoph pu ofie xjev vjiz'si fuoph jemg vji voni, epf hivvoph vu fiwimuq dsovodem qsudittit nztimg jet howip ni e vup ug dupgofipdi vjev O dep neli tunivjoph jeqqip.