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5 Things You Can Gain From An Unpaid Internship

5 Things You Can Gain From An Unpaid Internship

If the thought of working for free might seem like a waste of your time, let me prove you wrong.

Taking an unpaid internship can actually bring you to another level, open new doors, build strong networks and provide you with the tools to achieve success and trust faster and easier.

Some of the most successful entrepreneurs knew that. They took low or unpaid jobs for a certain amount of time in their dream field just to understand what they were getting themselves into and gain precious knowledge before venturing on their own business.

We can either look at the glass half empty or half full, and I guarantee you that the benefits will exceed the downsides in many aspects.

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1. Reassurance.

Many times, when we’re young, we chose a course or a university degree in an area in which we think we’ll love to work. But once we finish the degree and start working in that field we felt so passionate about, we realize the reality is much different than what we dreamed of.

A lot of people develop a strong sense of guilt and shame, feeling they’ve spend so much time and money investing in a degree they actually don’t love anymore. These feelings push people to get stuck in unfulfilling jobs they’re not passionate about, that don’t bring them joy and personal growth. Many of these people develop depression, anxiety and other disorders.

Taking an unpaid internship in the area you believe you’d like to work on, prior to starting college, can be a wonderful way to find out if that’s really right for you. If you are going for a very specialized field you might not have a direct position on what you dream of, but you can surround yourself by the people who work in the field and understand it from the inside. From there, you can realistically see whether or not it’s right for you, and avoid spending time and money on a career you’re not so sure about.

2. Work/study benefits.

If you’re studying in an area which requires strong character and communication skills, and your course is not offering you that dynamic, having one or two days a week of unpaid practical internship alongside your university courses can bring you great rewards.

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Not only will you have all the theory and academic parts covered by your college, but you’ll be building and gaining valuable insight and practical knowledge by already having work-related hours in your field. Nowadays, most academic courses lack that practical approach, so combining both things will adequately prepare you for the future.

3. Become confident.

I know this from experience: when you’ve just finished your courses and have had no practical experience in your field yet, being send out in the world can be overwhelming and terrifying, especially if you’re an entrepreneur.

If you take an unpaid position for a few months in a company, you’ll build your confidence and gain valuable experience. Many successful entrepreneurs have actually done that before starting their own business. They took either a low paid or free internship in their dream fields to understand and learn all about that business, how to deal with clients, payrolls, expectations, marketing strategies, the dos and don’ts of their business area.

4. Build powerful relationships.

The world of business is all about building relationships and powerful connections. You’ll have greater chances to get a great job or a higher position depending on who you know and who you associate yourself with.

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Your work might have been so good and maybe you brought such powerful ideas and insights during your internship that they might want to keep you and offer you a job. After all, you’ll have advantage over everyone else. They know you, they trust you, and you’ve proven you can get the job done with perfect results.

Building a solid network within your field is crucial. Doors might open easier and faster because you’re already very familiar with the people and the work that needs to be done.

5. Build a strong curriculum.

The fact you took the time and energy to take an unpaid internship shows your level of commitment, perseverance and interest in becoming better and knowing more about your work field. Employers like that. They like people who actively find creative ways to improve their skills and knowledge. They’ll know you’re someone who wants to develop your capacities.

Having a practical component covered and proving you already have hands-on experience will always put you ahead of everyone else who only had a basic academic training.

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If you did an internship at an important company, you’ll benefit from being associated with their brand or name. That will give you credibility and trust.

Having a strong resume with relevant work experience is vital, and it’s what oftentimes will set you apart from all other candidates applying for a job.

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Last Updated on March 12, 2019

20 Inspiring Vision Statement Examples (2019 Updated)

20 Inspiring Vision Statement Examples (2019 Updated)

There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

What Is a Vision Statement?

A vision statement is like a photograph of your future business, which gives your business shape and direction.

A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

The Importance of a Vision Statement

Without a vision statement, your business will lack motivation to keep going.

If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

How to Craft an Inspiring Vision Statement

1. Dream big and use clear language

An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

  • Imagine how you want the business to be like in five to ten years.
  • Infuse the business’ values in the statement.
  • Make sure that the statement is implying a clear focus for the business.
  • Write your vision statement in the present tense.
  • Use clear and concise language.
  • Ensure the statement is easily understood.

There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

2. Get inspirations from the successful companies.

Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

Short vision statements made up of a few words only:

1. Disney

To make people happy.

2. Oxfam

A just world without poverty.

3. Ikea

To create a better every day life for the many people.

Quantitative statements are based on numbers, quantities:

4. Microsoft

Empower every person and every organization on the planet to achieve more.

    5. Nike

    Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

      Qualitative statements are based on qualities that you want to have:

      6. Ford

      People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

      7. Avon

      To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

      Competitor based statements – this type is becoming less common, but famous examples are:

      8. Honda – in 1970

      We will destroy Yamaha.

      9. Nike – in 1960s

      Crush Adidas.

        10. Philip Morris – in 1950s

        Knock off RJR as the number one tobacco  company in the world.

        Role Model Vision Statements – using another company as an example:

        11. Stanford University – in the past

        To become the Harvard of the West.

        12. Reach for Success – in the past

        To become the next Tony Robbins in self development.

        Internal Transformations vision statements:

        13. Apple

        To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

        14. Giro Sport Design

        To make sure that riding is the best part of a great life.

        15. Tesla

        To accelerate the world’s transition to sustainable energy.

        16. Sony

        To be a company that inspires and fulfills your curiosity.

        17. Facebook

        To give people the power to share and make the world more open and connected.

          Longer and more detailed vision statement:

          18. Walmart

          To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

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          19. Coca Cola

          To achieve sustainable growth, we have established a vision with clear goals:

          Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

          People: Being a great place to work where people are inspired to be the best they can be.

          Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

          Partners: Nurturing a winning network of partners and building mutual loyalty.

          Planet: Being a responsible global citizen that makes a difference.

            20. Heinz

            Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

            The Bottom Line

            Remember, always keep your vision statement up-to-date to direct your company’s actions.

            Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

            Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

            Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

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            To your success!

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