There is much uncertainty about the future. College degrees are no longer the guaranteed ticket onto the fast-lane of success. As executive chairman of the Qi Group, Vijay Eswaran knows a thing or two about climbing to the top.
If you are concerned about your future prosperity, you’ll gleam invaluable insight in charting your own path to your highest potential.
The key point Mr. Eswaran has to make is colleges have taught students to avoid risk. Instead of looking to make their own way, students are looking to just receive a job.
This traditional way of looking at the world will not stand up to the changes in technology. Nor will it survive the rising competition from countries such as China.
Handling this inherent instability will require taking calculated risks. Many students are opting to gain real-world leadership roles in startups over old-school offices. While the pay and risk may be less attractive to some, a new graduate will learn the nuts and bolts of business by building one from scratch. Learn more about Vijay Eswaran: http://www.wceforum.org/speakers/dato-sri-dr-vijay-eswaran/ and https://ideamensch.com/dr-vijay-eswaran/
At a new company, there are no formal hierarchies. Responsibility rests upon the shoulders of every employee there. The company will rely on everyone to pull their own weight. Increased duties offer students opportunities to showcase their ability to get results.
Future employers will be impressed by their track record of executing and getting things done. This experience can also translate directly into building their own business. Read more: Vijay Eswaran | Professional Profile – LinkedIn
Startups are the ideal place for those who are action and solution-oriented thinkers. There are much fewer layers of communication to run an idea past before taking action. This is the ideal place to network. Connections one makes can pay dividends their entire career.
Most attractive of all is the chance to earn equity in a growing company. It is not uncommon for a early employee to receive a significant amount of stock options as compensation. Equity in a growing company can be worth a high multiple of the company’s earnings.
Finally, Vijay also says it is critical to weight one’s values in comparison to potential work environments. Some may want a clearly defined role, others may seek more freedom. One must understand who they are as a person and recognize what kind of environment they will thrive in. In the end, this is a personal decision.