094 Gus Bessalel Should you work for a startup?


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Feb 29 2024 57 mins  

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People join startups thinking they will strike it rich, but successful startup opportunities like this are the exception, not the rule. As Gus Bessalel, author of “The Startup Lottery: Your Guide to Navigating Risk and Reward,” tells me on Rebel Intrapreneur, “Don’t go into a startup, thinking you’re going to become an instant millionaire. You go into startups because of all of the experiences that you gain from being in that environment.”

Startups are intense. And it takes a certain personality type and risk profile to make the experience of working at a startup worthwhile.

Bessalel wrote The Startup Lottery to help Rebel Intrapreneurs like us evaluate start up opportunities. The evaluation has essentially three parts:

A self evaluation: Should I work for a startup?

A financial evaluation: What will it take for my equity to pay off?

A progress evaluation: Should I stay or have this startup?

A Rebel Intrapreneur should put all of these parts together before deciding on joining any startup. Bessalel’s book will help us do that.

I learned a lot from reading The Startup Lottery and my conversation with Gus. I hope you find it useful.

More about Gus Bessalel:

Gus Bessalel’s book, The Startup Lottery: Your Guide to Navigating Risk and Reward

On Linkedin

Today’s episode is brought to you by Figma. Two important tools of the Rebel Intrapreneur are the business model canvas and the value proposition canvas. Figma has templates for both, so you can design your innovation projects fast. I used the value proposition canvas template to design the listener profile and value map for this show. Try Figma for free.

More about Bill:

Bill Cushard on Linkedin

Bill Cushard on Twitter

Rebel Intrapreneur podcast website

Bill’s book: The Art of Agile Marketing: A Practical Roadmap for Implementing Kanban and Scrum in Jira and Confluence

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