The reason why itβs great to work at a Venture Builder (and how it results in Economies of Scope) π‘
A while back, we came across an article by Eric Dickinger. In this article, Eric discusses why Venture Builders / Studios are interesting employers and how they stand out from other companies. In this article, we share our perspective (as well as that of the entire Duodeka team) on this.
As human beings, we naturally crave variety and diversity in our work. It’s ingrained in our nature.
However, many companies tend to restrict their employees to narrow roles. For a growing company looking to scale, it seems practical to let employees focus on specific niches.
Or take Academia, for instance, they often force researchers into ever-narrower niches. The outcome? 80% of leading researchers express a longing for greater diversity in their projects.
And that’s precisely what you get as a team member of a Venture Builder. You constantly work with different startups facing diverse challenges. Eric Dinkiger coins this phenomenon as “Economies of Variety,” resulting in remarkable synergy benefits (Economies of Scope).
But wait, there’s more! Unlike employees in traditional companies, who often seek new challenges elsewhere, Venture Builder members enjoy a constant stream of exciting opportunities.
There are opportunities to embark on a new adventure. Dive into a fresh startup or a full-time job at a more mature portfolio venture.
However, we must emphasize, though, that working in a Venture Builder may not be everyone’s cup of tea. Some may simply not find it enjoyable.
Working at a Venture Builder is truly immersing yourself in the startup life. You aim for maximum results, work with a tight budget, juggle time constraints, and confront high expectations. It’s a love-it-or-leave-it scenario, with little room for a middle ground.
By the way, if you find yourself nodding in agreement, curious about the Venture Builder life, check out our website for exciting job openings π
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