Doing an Internship – Why it can be the best decision of your life?

In any walk of life, nothing can substitute experience. No good grades, no certificates, and definitely not the degrees can take the place of the work that you have done hands-on. Every employer these days expects the fresh graduates to have at least some experience in the corporate space, having picked up the work ethos and professionalism.

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From the very beginning of your post-school years, you may have seen a number of students working rigorously towards enhancing their skills by gaining ‘experience’ in the form of internships and volunteer experiences, which in turn make them more competitive in the job market.

 

The importance of doing internships in college years is indisputable. Here are five main ways that you will benefit immensely by doing an internship:

 

  1. Learn Professionalism

In the current scenario of employment worldwide, getting hold of a good job isn’t a cakewalk. You know it. Being an ardent student in class, a topper and your teachers; favourite is not going to bring your dream job at your doorstep – you know there are a thousand other people who are exactly like that, and there’s no way you stand out. Standing out, however, is important.

“You will have to step out to stand out”

An internship gives you the hands-on experience of any work environment. You get to tackle numerous problems in real time. There will be tasks and duties for you with a specific inexorable deadline. In the process of completing the duties successfully you will beat off various complications, work hard  and get more professional. Won’t all of this actually make you stand out?

  1. Enhance Your Resume

Interviewers don’t take a minute to skim out your CV, until & unless it has something which grasps their attention. The logic is simple – recruiters want the best returns on the investment that they make by hiring an employe, and a candidate with a prior work experience will surely be at the top of their priority. That is why they prefer students who have got great internship experience over those who have not.

Do some productive internships and then it’s your chance to enhance your resume. Include your internships and list down the the skills acquired, tasks thrown to you, your contribution to that company, your result matrices and everything else about your internship (bragging, eh?). This will be a great attraction in your resume, and will surely interest the interviewers.

 

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  1. Build a Network

We live in a global village, and you never know who can be of help at what time, especially in the corporate world. Your list of internships helps you here as well. In your internships  you will get to meet new and amazing people, sometimes get introduced to really big people, and you get a chance to make it to their good books.

“it’s not about what you know, it’s about whom you know”.

While this one statement may not make a lot of sense to you, but this is how the jobs market works. When you know good people, you have already showcased your good work to them through an internship, it is highly likely that you will never be having a hard time finding a job. Many a times, a company you intern with, gives you a pre-placement offer, and you are up for a very bright future, just on the back of decision you made – to do an internship!!

 

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  1. Test Your Career Plan

Well, a vast majority of undergraduates are not sure of their career plan up until the last year, when they actually find themselves in the middle of a job – many times a job that they hate! A profession may seem exciting at first sight, but it can later on turn into something that you are not at all passionate about.

Internships come as amazing opportunities to have a brief stint in each of the fields that you just might want to work in, in the future (remember, that bucket list?!). This will also help you to analyse if a specific field is something you could see yourself doing full time in future. Do internships – a lot of them, in a lot of different fields. In this process, your priorities might get completely jumbled, a desire to switch your current career path might arise, which is all for the best. Any decision that you take further, will have a component of experience in it – and that will make all the difference.

 

  1. The Finances Involved

While this may be the last thing to worry about for college goers (as per our parents), but we know, that we vouch for that financial freedom. After all, money matters. Many of the internships these days are paid, offering respectable amounts as monthly stipends. That way, internships give you an amazing opportunity give some financial backing to yourself, and have a life! In fact, it’s not even just about the money, but having money in hand also teaches you a lot of things – financial management, spendings, investments and savings! Can you imagine going through all of that learning, that too at a young age, in your college  – any other way?

Internships are one of the best ways to learn everything that you are unable to, while sitting in the lectures. The importance of internships is such, that even the government is making internships mandatory for getting degrees.

So, what are you waiting for? Grab an internship this summer, give your all to it, and we bet you won’t regret that experience.

 

Wait! Looking for an internship this summer? We have internship’s for all! Attend Panjab University’s Intern Fair on 21st-22nd April at Chandigarh. For more info visit our Facebook Page and register here.

GET HIRED THIS SUMMER!

 

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Government Schemes for Entrepreneurs

The Government of India has undertaken several initiatives, policies and schemes to promote a culture of innovation and entrepreneurship in the country. These aim to tap into the potential of the citizens and innovate, raise entrepreneurs and create jobs.

A few of India’s efforts at promoting entrepreneurship and innovation are:

  1.  Startup India: Headed by the Department of Industrial Policy & Promotion (DIPP), Startup India promotes entrepreneurship by mentoring and nurturing start-ups. Their aim is to build a network and an environment where start-ups can grow, through provision of start-up learning programs, smoother patent filing, funding programs, tax benefits, and setting up incubators, research parks, as well as start-up centres in cities across the country. They provide funding support through a “Fund of Funds” amounting to INR 10,000 crores.
  2. Atal Innovation Mission (AIM): Established within the National Institution for Transforming India (NITI), AIM is a platform for the promotion of innovation hubs, challenges, start-up businesses and other self-employment activities, particularly in technology driven areas. AIM provides incubation facilities, Atal Incubation Centres (AICs), in order to build start-ups into sustainable enterprises. These AICs provide access to experts, seed capital, mentors and trainings to nurture start-ups. AIM will provide a grant-in-aid of INR 10Cr to each AIC for a maximum of five years, after which they are expected to become self sustainable. 
  3. Technology Business Incubators(TBI): An institutional mechanism under the NSTEDB- National Science and Technology Entrepreneurship Development Board, aiming to foster entrepreneurial spirit, facilitate technological enterprises and commercialize tech related R&D. They provide mentorship, training, business planning support and specialized services to tech based start-ups. The TBIs are funded for 5 years and then are encouraged to become independent.
  4. Innovation and Entrepreneurship Development Centre (IEDC): Another mechanism under the NSTEDB, seeking to encourage tech based start-ups by promoting innovation in students. They provide suitable mentorship, opportunities for growth through projects, competitions and interactive sessions with professionals. They also aim to facilitate E-cells in colleges to improve student involvement in the start-up world. Moreover, they provide a limited, non recurring financial assistance, up to maximum of INR 25 Lakhs.
  5. National Institute for Entrepreneurship and Small Business Development: NIESBUD is an organisation engaged in training, consultancy, research and cluster interventions in order to promote entrepreneurship. They set up activities for promoters, trainers, and entrepreneurs and accelerate entrepreneurial development and business management. They also provide a national/international forum for exchange of ideas & expressions.
  6. SIDBI Innovation & Incubation Centre (SIIC) at IIT Kanpur: This was set up in collaboration with Small Industries Development Bank of India (SIDBI) which is an apex bank to provide financial assistance under different schemes, to meet credit needs of small entrepreneurs or business organizations. It offers incubation facilities and services to prospective entrepreneurs and encourages them to convert their ideas into commercially viable products. They have a thriving ecosystem, with eight incubation centres, mentor and funding support, and student run e-cells, which provide networking opportunities.

The start-up culture is now gaining popularity in the country. With the government showing support and encouraging innovation with these start-up centric schemes and initiatives, the start-up ecosystem is expected to thrive like never before. 

BY 

SHALEEN AHUJA

                       

Autographs of Famous Entrepreneurs | Social Media

Signature is also a little piece of art that reflects your creativity and uniqueness and well there’s no doubt that most innovative minds are those people who founded, developed and now lead the Social Media platforms! So let’s see what does their signatures mean.

 The Social Media

Jack Dorsey, Twitter’s CEO, has a signature which is not his official business signature. The fully legible letters reveal his open straightforward approach to communication, and the lack of surname demonstrates his relaxed nature.

The great minds of top social networking platform has there own uniqueness, specially Mark Zuckerberg, ironically for the CEO of Facebook, his initial-based signature suggests highly private person. However, each letter is capitalized, revealing reams of confidence and a healthy sense of self-esteem.

Now let’s move to the personalities who focuses on the ‘Broader Picture’, Kevin Systrom (Instagram). The large capital letters dominate Kevin’s signature, and betrayer hint of arrogance. The missing dot over the letter ‘i’ reveals that Kevin prefers to look at a broader picture rather than focusing on minute details.

And in the end to complete the streak we have, Reid Hoffman ( LinkedIn), the extreme upward slant of Reid’s signature demonstrates a fierce ambition, and a tendency to plan for the future. The slashed dot over the ‘i’ betrays his impatient nature, and suggest his spends much of this time on the go.

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We hope you liked our series of Autographs of Famous Entrepreneurs! Leave a suggestion and do let us know if you want us to cover any topic!

Author: Simmy Singh

Autographs of Famous Entrepreneur | Women Power

The second blog of our series is dedicated to four women who made their name in industry by reaching the top of the Ladder!

The Women Power

Ginni Rometty CEO of IBM, the flamboyant first letter of Ginni’s signature suggest that she strikes to make a presence felt in the boardroom. The open topped ‘o’ demonstrates collaborative nature, and a desire to share ideas with others.

Same goes for the next female lead, Ursula Burns (Xerox), there is no noticeable slope to Ursala’s signature, indicating she takes a balanced approach to business. The pronounce capitals demonstrate confidence, and the legibility shows she is straightforward to work with.

The next Women on the list is, Safra Ctaz (Oracle), her signature is particularly distinctive, with large, swooping letters, and pronounced capitals. This reveals confidence, and extroverted nature. Each letter is easy to read, suggesting she is an open straightforward person.

For Meg Whitman CEO and Director of HP, the striking line at the end of her signature demonstrates her drive and determination. Although her first name is perfectly legible, the surname is scrawled- showing she takes great pride in her personal accomplishments.

Next Blog of the same series will be released tonight! Stay Tuned!

Author: Simmy Singh

Autographs of famous Entrepreneurs and meaning behind it | The Legends

Everyone has a unique signature, your signature is central to your identity. It shows how you want the world to perceive you. By analysing signature we can tell a lot about someone’s personality. We start our blog series with few Legend of industry.

The Legends

The Ex- CEO and the person due to which Apple became the brand it is now, Steve Job. The sharp lines and slashed ‘i’-dot of Steve Jobs’ signature betray his impatient and aggressive nature. The upwards slant reveals a sense of ambition and a tendency to look towards the future.

People generally use their name as their signature but the next personality, Steve Wozniak uses his nickname as his sign. This reveals an independent streak and confidence in his own abilities. This abundance of self-esteem can also be seen in the large ‘W’, and slanting letters.

On contrast with conservative nature we have Larry Page (Google), the first ‘a’ is open at the top, suggesting he enjoy sharing his thoughts with others the last capitals reveals a strong sense of self worth and the street alignment suggest he takes balance approach to work.

 

The founder of Microsoft, Bill Gates is an open and straightforward person, and his easy-to-read signature reflects this. Although the large capitals suggest confidence, the rest of the letters a balanced. This shows that despite his riches, he is very modest.

The personalities who have LARGE capitals share similar interests, same goes for the people with rushed writing.

Michael Dell (Dell), his signature is perfectly straight. This, teamed with the carefully-placed dot over the letter ‘i’, reveals a precise and meticulous attention to detail.

 

Next Blog of the same series will be released today! Stay Tuned!

Author: Simmy Singh

Entrepreneur of the Month | Elon Musk

Every month, a new entrepreneur, a new inspiration

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As we celebrate kicking off this new series – Entrepreneur of the Month in the Global Entrepreneurship Week, so this first post is dedicated to Elon Musk. As most of you know he is the CEO of Tesla, founder of X.com (which later evolved into PayPal) and the space transport venture, Space Exploration Technologies or SpaceX for short. What you don’t know is that he is involved in some pretty interesting stuff.    

 

In The News!

First of all, if you think you had a busy month just look at what Elon Musk has been upto. Only he can take a bet of installing 100 to 300 Mwatts hours batteries in Southern Australia within 100 days. Tesla is now on overdrive trying to deliver on that promise. If that’s not enough, how about a clash between two tech titans, the other being Mark Zuckerberg, over Artificial Intelligence. Elon Musk once again got involved in the AI debate when he called on UN to ban lethal autonomous weapons along with several other leaders in the field of AI. Recently Musk unveiled plans that SpaceX is building a rocket called BFR that could help you travel anywhere in the world in under 30 minutes and anywhere else under an hour, all for the cost of an economy seat on a current airline. The days when you booked a plane are going to be over if Musk achieves this goal. BFR, by the way, is short for Big F–king Rocket.

Know thy Entrepreneur

Elon Musk started his first company Zip2, a web software company that developed an Internet “city guide”. He moved on from there to pursue entrepreneurial aspirations in the areas of the Internet, renewable energy and outer space. Musk hasn’t stopped there, he envisioned Hyperloop, a high speed transportation system, co-founded Neuralink and created OpenAI for development in the field of AI.

He has even started working on traffic problems that plague our cities, by building a tunnel boring machine with the help of which an extensive network of underground tunnels will be created. Thus came the name of his latest venture – The Boring Company. Closely follow Musk to know what he is upto now.

Written By: Ananay Sharma

Team Building: You can’t go wrong here

This is the post excerpt.

Building effective teams is a common challenge for most entrepreneurs. How do you assemble the right mix of people and expertise to deliver the most efficient and effective outcome. Sometimes, the things business owners believe matter most aren’t really priorities in building great teams. So here we are thinking ….?

-What is a Team ?

-What factors makes a team successful ?

-Why do teams fail ?

-What makes a good leader and a follower ?