| Weigh the Risks When Choosing Your First Job. Choosing your first job can be daunting, especially in an uncertain economy. Should you aim for a job that's safe, say at a superstar firm, or one that's a bit more risky with greater upside, say at a promising start-up? It's important to weigh the risks. Working at a superstar firm may feel more stable, but you often have to navigate bureaucracy and politics. It can also be harder to gain recognition, be entrepreneurial, and move forward within the firm. Going to a start-up offers upsides if it's the next Google, but most start-ups fail. Still, in a smaller firm you are likely to be less boxed into a certain role, have more responsibility, and learn new skills. Another option is a middle-of-the-pack company that is more likely to give opportunities to a young, ambitious person short on credentials. What's right for you depends on your risk tolerance, your income needs, and what you can get. And remember, odds are this first job won't be your last. | | | | Today’s Tip | | Weigh the Risks When Choosing Your First Job | | Choosing your first job can be daunting, especially in an uncertain economy. Should you aim for a job that's safe, say at a superstar firm, or one that's a bit more risky with greater upside, say at a promising start-up? It's important to weigh the risks. Working at a superstar firm may feel more stable, but you often have to navigate bureaucracy and politics. It can also be harder to gain recognition, be entrepreneurial, and move forward within the firm. Going to a start-up offers upsides if it's the next Google, but most start-ups fail. Still, in a smaller firm you are likely to be less boxed into a certain role, have more responsibility, and learn new skills. Another option is a middle-of-the-pack company that is more likely to give opportunities to a young, ambitious person short on credentials. What's right for you depends on your risk tolerance, your income needs, and what you can get. And remember, odds are this first job won't be your last. | | This tip is adapted from “How to Weigh the Risks When Choosing Your First Job,” by Allison Schrager | | |  | | Our slides. Your show. | | Build better presentations with our subscriber-exclusive Visual Library. HBR charts, slides, and infographics — yours when you subscribe. | | | | |  | | Newsletter | | The Daily Alert | | Links to all the digital articles published in the last 24 hours. | | | | | | | | | | | |
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