I'm interviewing and often hear one of the following remarks from employees and recruiters working in mid to very large size businesses - We're kinda like a startup or We're taking a startup mentality or We want to act like a startup or (my favorite) We're a $300MM startup.
Why do they say that? Do they even know what they are saying?
Why say it? I think they believe it makes the business and themselves sound a bit more sexy, edgy, entrepreneurial, open to new thinking and new ways of doing business. The only way that a mid to large size business will really act like a startup is if the CEO has a track record of operating a business in that mode. Otherwise, it is very unlikely that one person (you) can come in and break the inertia that atrophies most organizations. One person can prove to be the savior but it will take tremendous energy, endurance and skill to sell the organization on the change and actually get it implemented.
What's a startup really like? I have been in three startups. There are many different characteristics to describe a startup but the key defining difference vs. a mid to large size organization, that I prefer, is the lack of a safety net. If you work in a Fortune 1000 company and your brand plan fails, you move to next idea or the next brand assignment. You still get paid and may be even get a bonus because you tried real hard to do the best you could.
In many startups, you begin by knowing that you have "x" months of cash and if you miss the plan, it's over because there's no more money to try again. That's pressure. That's motivation. That's different. That's scary (for Fortune 1000 types). That's why many startups can't waste time or wait until things are perfect to launch or follow the usual path or write C.Y.A. memos or play the diplomacy game or do any reasearch or delay decisions or hire other people to lighten the load.
First and foremost, for a startup to succeed the business must have an idea or product that's time has come and a team that knows how to get it implemented. It must be led by a person or persons that are zealots, super-resourceful and have enough money to get the thing to profitability. Don't ever bet the ranch in the belief that more cash will come in and always bet that it will take way longer and cost much more than the most conservative forecast.
If you thinking of joining an honest-to-God startup, get comfortable with: no safety net.
O.D.O.o.O.D.B.