Would you relocate for a job offer at a start-up company?

Anonymous

December 5,2022 at 5:41PM UTC

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Would you relocate for a job offer at a start-up company? I'm expecting an offer and if so, I'll have a limited time to make the move and restart my life. They have a large-scale project pending and they'll need the director to commence planning before the holidays.

I'm excited about the opportunity and hope to be offered the position. That being said, I'm a little bit nervous about a start up in this economy. Should I keep looking or if offered the opportunity, take the chance?

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AnonymousDecember 5,2022 at 5:52PM UTC
Just ask plenty of questions surrounding funding and is it round A, B or C. Then do some market research on the product or service. From there you can evaluate the stability of the company. Then research the founders and their prior success, if any, with startups.
Finally research the area you will be relocating to. Research the local job market with an eye towards finding employment if the startup goes south and you need to jump ship.
E CDecember 6,2022 at 3:57AM UTC
Yes to all of the above, and especially do the same for your spouse/significant other. I nearly moved my family in a similar situation (commuted 1 1/2 hours each way for six months), only to have my position eliminated. All of us would have been in a very disadvantaged position had we moved. I am glad I held back.
Lesa Edwards, Career Coach & Master Resume WriterDecember 5,2022 at 8:28PM UTC
Start-ups aren't the only risky ones out there...if you love the opportunity (and it sounds like you do), do your due diligence and say yes if there are no obvious red flags. Great problem to have!
AnonymousDecember 6,2022 at 7:12PM UTC
Thank you all and you've given me a lot to consider as well as tips to proactively examine. I appreciate your advice!