With a promising future, business development can be one of the most promising career options out there. But, starting with a career in business development, there is a lot to know about the field, the ins and outs of it, the minor technicalities and other aspects of working this job. Business development is going digital, and the way we see it is transforming as well, therefore it calls for the need to be flexible, adaptive, and most important of all, smart.
Pros of working a career in Business Development
- No prior requirements: Nothing like your normal skilled job, this job assesses you based on your skillset purely instead of the requirements you bring in, or how educated are you. The job tests your creativity, and your business understanding rather than testing you for the booking knowledge.
- Pay Scale: For a relatively new field opening up, the pay grades are quite decent. The jobs open doors to salaries ranging from the average scale to relatively higher ones, offering you a chance to enjoy a decent living standard.
- Flexibility: The best part of the job you may ask, is the unpredictability of the job, one moment you will be doing cold outreach, and you will be working on something entirely different the next moment. So, if you feel you deserve a break from those monotonous career choices, give Business Development a go.
Cons of the Business Development Career
Pushing away the positives of the job, a career in business development has its downsides as well. While not too many to talk of, some of them have been listed below for you to take note:
- Added stress: The race to be different will bring in the pressure, thus pushing you to try something different, opt for a different approach where you need to function even under stress, meet the deadlines creatively, and above all, not crib about the same.
- Diversity and division: Multi-tasking and spreading yourself out over multiple areas of expertise is something you will be constantly looking at while working this job. While this job will teach you to be skilled in multiple domains, it will give you a fair shot at learning some of the most demanded skills, with perfect hands-on opportunities.
The perception you follow to look at a career in Business Development has a broad scope. The upside of the job far outweighs the downsides of the same, but for those who tend to relate more to the cons of the job, it is a touch-and-go experience. For those who feel they can pull it off, they are in for a rather interesting journey.
FAQs
- Why choose business development as a career?
Ans– An opportunity to get paid well, work hand in hand with top management of the organisation, and the perfect chance to get noticed and have quite an exposure in terms of creativity and blend of marketing.
- Why do you want to join Business Development Executives?
Ans– A highly satisfying career, with good pay scales, and a job that puts your marketing mettle to the test, this job will bring in the high yield you look for in a job, offering a great push if you like those strategic relationships and client relationships kind of roles.
- Why did you choose a career in business?
Ans– A business career comes laden with numbers, be that in terms of quality client interactions, heavy pay cheques, or the opportunities and exposure you receive by working across multiple domains, all of which get covered.
- How to know that you are fit for a role in business development?
Ans– If you can handle pressure well, have a creative mind running in the back of your head, have ideas that can steer an organisation, or drive conversations that pull clients to you, then you are a good fit for the role.
- How to do well in a business development interview?
Ans– Thorough market research is a well-needed skill for a career in this field, and the better you can present the same, the higher your chances. Apart from that, if you are efficient at analysing industry trends, and business shifts, and managing customer interactions, you can be confident about giving a decent interview.