Peter Vo

Unemployed - building a sequential/mechanical trading system,

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Give^2 - Interns giving back to their community

I went on a hike with a business owner that described her difficulties in finding temporary positions for interns. She stated that a request was made almost every day from different applicants, and the majority of her customers were based on referrals. I asked, "is there a way to increase the demand of referrals to your firm by using the supply of interns?" Just an idea, cause I love making up Ideas. Its called Give ^ 2 (Give Squared).

Basically, you have a group of interns that can do free work or conduct other services at non-profits. In return, the non-profits can sponsor your firm in campaigns and events. Thus, a gift is given twice - one to the intern, and one to the non-profit. The sponsorship can give the non-profit & community an inside/outside scoop of work performance, and your values.

These non-profits also support and consist of many individuals from every economic class and background. For example, when my mother and I went to a non-profit in Seattle. I was looking down the leadership hierarchy list - it included their name and background. Many of these individuals work primary jobs in small/large firms (Philips Healthcare, Microsoft, Adobe, Starbucks, and local businesses); thus, tapping into a pool that consist of many different businesses, and starting a network from one point of entry.

This plan gives many businesses an incentive, but it also helps non-profits elevate their costs focusing on their true goal - help/inspire/motivate the community.

I also offered to help the business owner implement the mechanics of this plan, but currently she is going through her own conflicts.

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    Aug 13 2012: "Oh, I did just get a neat idea. What if there was some kind of cool program, where different interns from different fields (businessman, artist, industrial engineer, manager, etc.) were to be put together in a team and were tasked to create a project under some kind of deadline? And if they create a successful project, they can reap the benefits. The incentive for students would be: real-world experience, communication/working with others, chance to earn money, building networks and gaining life-time relationships with peers."

    Your speaking my language!! :-)

    What if many groups in same structure compete against each other for the same deadline? Will this give the non-profits a higher quality product at the same time allowing students to learn the dynamics of competition among businesses?

    It seems like you have great ideas yourself! =D
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    Aug 13 2012: On-the-job-training, I think, is more about supervised doing than listening to lectures., with coaching about good judgment for tasks where judgment may be required.

    Many organizations do have a person who oversees the volunteer or internship program, but I don't think one person solves either the training or supervision challenge.
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    Aug 12 2012: Nice idea!

    The other issue is that some interns actually need pay to sustain off of.

    I think there needs to be a bigger incentive for both parties somehow
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      Aug 12 2012: Thanks!

      Well, isn't it an incentive to gain that skill/experience than to gain nothing at all? It seems like many interns are willing to give their time freely for this trade off.

      Isn't an incentive opposite of a gift?

      I should of added to the idea that many of the applicants were requesting non-payable internships.
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        Aug 12 2012: Skill/experience is a great incentive, but sometimes it really isn't enough. There are guys who can barely afford college tuition, just saying...

        Hmm...

        Oh, I did just get a neat idea. What if there was some kind of cool program, where different interns from different fields (businessman, artist, industrial engineer, manager, etc.) were to be put together in a team and were tasked to create a project under some kind of deadline? And if they create a successful project, they can reap the benefits. The incentive for students would be: real-world experience, communication/working with others, chance to earn money, building networks and gaining life-time relationships with peers.

        Another idea, this could be a government-sponsored program, and they can try and get a group of interns to find innovative ways to create a solution to some problems like economy, pollution, etc. Or this could be a university senior design, or this could be a program that a corporation or company can adopt and use a group of interns to help their projects out.

        Wait a minute, this is pretty much exactly what your idea is lol

        Good idea man :D
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          Aug 13 2012: "Oh, I did just get a neat idea. What if there was some kind of cool program, where different interns from different fields (businessman, artist, industrial engineer, manager, etc.) were to be put together in a team and were tasked to create a project under some kind of deadline? And if they create a successful project, they can reap the benefits. The incentive for students would be: real-world experience, communication/working with others, chance to earn money, building networks and gaining life-time relationships with peers."

          Speaking my language!

          What if many groups with an identical structure above compete for the same deadline? Will that give the non-profit a higher quality product at the same time allowing students to learn the dynamics of real business competition?

          You have great ideas yourself James! =D
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        Aug 13 2012: Lol, thanks for stealing my idea before me god :P
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    Aug 12 2012: One obstacle in finding places for interns is that nonprofits and other organizations in lean economic times stretch their personnel far as they struggle to pursue their primary service objectives. The personnel, then, do not have time to supervise and train interns. They may be making a reasonable calculation of how best to pursue their missions, taking on only as many interns as they can afford to support at a time.
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      Aug 12 2012: Maybe setup a self sustainable online training course/guide that helps the intern perform entrepreneurial tasks at these non-profits, which allows the firm to reach their objectives with minimal oversight?

      Thanks Fritzie, your giving me more questions to ponder!
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        Aug 12 2012: Online training materials are common these days, as are long one-shot trainings in person. Neither replaces supervision, unless the work is very low-skilled with little downside risk, like greeting visitors to a folk festival.
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          Aug 12 2012: Would you say the same thing for Khan Academy or detailed tutorials located on YouTube? For example, I've completed a whole transmission swap off of online videos and found them intimately comparable to actual lectures and real-life guides. Your absolutely correct though - I do see a huge risk without proper supervision.

          What if you have one reliable entrepreneurial intern/temp to supervise this plan? You teach him/her all areas of company processes required to make the plan run successfully. That person in turn coordinates and manages the groups of interns for non-profits.