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How can I leverage a powerful political contact’s startup for my own growth?

I am working for a national-level politician in my country who held a minister of state position but recently he lost in the elections, I am just a small web designer here working on salary. Typically, politicians in such positions generate a lot of wealth during their time in office, often enough to sustain generational wealth and likewise he does own many businesses. Now, without government power, it seems like he’s starting to think about his future and has decided to launch a chemical company which he’s branding with his own initials—signaling that this venture is expected to be his biggest yet.

Since my political work has slowed down, a person who is overseeing the startup of this chemical company has approached me to handle the branding and has invited me to work in their lavish office located in a nearby city. I had been in the process of establishing my own digital marketing agency due to lot of Freelance work, but I see a lot of potential in this opportunity.

Given the politician’s considerable wealth, influence, and extensive network, I believe that his business is very likely to succeed. Even when smaller business owners start ventures, they have the potential to grow quickly with the right contacts. With someone this high-profile, the chances of success seem even higher. If I become part of the company from the very beginning, I feel like I could grow alongside it, possibly into a key role.

Of course, I still intend to create my own digital marketing firm, but I want to make the most of this opportunity. Since I don’t have to climb any corporate ladder and am joining at the startup phase with minimal employees, I’d like to know how I can maximize my potential within this company. How can I leverage this opportunity for my own professional growth while also balancing it with my plans to launch my digital marketing agency?
StevetheSleeve · 31-35, M
If you really believe in the guy you could ask that shares in his company be part of your compensation. If he’s successful you could leverage those shares into capital for your own agency
StevetheSleeve · 31-35, M
@ABCDEF7 And chemical engineers, no doubt
Authoritarian · 22-25, M
@ABCDEF7 yes, I have noticed web development and digital marketing is not a very expensive thing for politicians. Sometimes when we propose an amount and the person in front of us agrees without any questions, i go into self analysis thinking whether it was really low..
ABCDEF7 · M
@Authoritarian But you just can't increase the cost of your services without any reason. There are other players in market who can opt cheaper services than you.

When I used to work as a free lancer software developer, this thing also came to my mind. For that I made some principles. There are three costs that you need to consider before quoting to your client.

1. Utility Cost: How much your services are valuable for your client.
2. Actual Cost + Reasonable Margin: The cost of services it actually costed to you, plus a reasonable percent of profit margin according to the industry.
3. Market Rates of Services Offered.
Ynotisay · M
A couple of things I'd ask myself first. Was the politician respected or was he shady. Because his reputation is going to dictate the direction of the company. I'd also consider what it is exactly that they're doing. "Chemicals" can be good or bad. If it's the for the good that wouldn't hurt a resume or your individual work down the road. If they're harmful then you're having to justify harm for money and future opportunities might be lessened. At 22-25, if everything lines up, I'd take the gig. You're a good age to build experience, make relationships and get a better idea of how to start something from the ground up. Having the creative or technical skills is just one part of actually running a business. They're separate. So I'd probably use it as an educational platform for down the road. Good luck.
ABCDEF7 · M
I am a web developer working for an Edtech company in India, previously worked as a freelancer software & web developer.

Business is more about management and exploiting the market than just having the technical skills. You need a good team and right market strategy.
Jimmy2016 · 61-69, M
🤔...........Maybe launch your company now and have this Chemical company be your first client.........Since this company offered you a position and like your work, tell them that your starting your own company and would like to work with them as a client bases and tell them what you bring to the table by doing so...........
Good luck on your business goals.....
Did you write that using ChatGPT, Meta AI, Perplexity, Co-Pilot, or Mistral AI?
Authoritarian · 22-25, M
@uikakarotuevegeta yes my English is very weak due to 4th language I corrected it several times in chatgpt
I recommend contacting a Nigerian Prince giving out free money if you cash a check for him.
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