Guest Blog Post by Enternships.com – Entrepreneurial Internship Programs

We are excited to feature a guest blog post by our friends at Enternships.com!

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Why Startup Work Drives Innovation And Saves The Economy

einternships logoUnemployment and recession head the front page of every newspaper at least once a week, another gloomy set of headlines to start the day.

But I have another take. However bad the economy is right now, there is something quite remarkable going on and that in spite of all the cuts, redundancies and funding drops, the economy is actually taking a step forward. Intrigued? Let me explain.

Be kind. Rewind.

‘With some much bad news around, how can the economy be taking a step forward?’ You must be thinking. Well, let’s see if any of these stories sounds familiar.

Around 130 years ago a little boy diagnosed with autism was having problems completing his lessons at school. A few decades later he wins a Nobel Prize in Physics for his discovery of the relativity theory. Thank you, Albert Einstein, for sticking to your goals.

It took 30 years of failed political attempts for Abraham Lincoln to become president of the United States, and one of the most successful too. Similarly, this Harvard drop-out used to work as an office boy before setting up Microsoft and becoming one of the world’s richest according to Forbes magazine. Nice one, Bill Gates.

King of EverythingLesson number one? Never give up.

While there is no set formula for success, one thing is for sure: it can happen to anyone, anywhere, anytime. And if this was tough in the past, all barriers are down now.

Internet makes everything possible. YOU can have your breakthrough at any point by either sharing a photo on Facebook, a video on Youtube or by posting a comment on Quora. Or by launching the next platform that lets you do all that in one place. Possibilities are endless.

Now back to business.

What does this have to do with work in startups [or entrepreneurial internships]? Thanks to new technologies more people have the opportunity to set up their own business and do the work that they love [and love the work that they do].

Which in turn means more diversity in products and services on a glocal level, that is both local and international [thanks for that, Internet!]. Which also means, thousands of ideas elaborated into business concepts, thousands of concentrated mini-projects being developed by people like me and you, and not a fancy suit.

Small businesses drive innovation forward because they allow for a transparent and quick ideation flow. Steven Johnson’s idea of ‘liquid networks’ is particularly valid in the case of startups and SMEs precisely because they let people communicate with each other effectively and creatively which in turn leads to good ideas getting pushed forward.

Steven JohnsonSo what’s the point?

Small companies can’t afford big business centres so they nest in the creative neighbourhoods of a city. Far away from the two piece suits or 10-floor glass windows, they either sit in incubators or partner with other startups and rent a house [like we did]. Despite a lack of resources, it is also easier for small companies to make hires, particularly temporary ones. Where they might lack in capital, time and staff they compensate with flexibility, speed and openness to the new. Sounds like the perfect student job, right?

That’s because it is. And now the whole hiring process is made easy too. Internships allow employers to test different types of employees before committing to full-time. In return, young people get hands-on work experience that gives them a real taster into the world of employment. If the past saw SMEs in a rough spot when recruiting fresh talent, now it’s much easier for them to connect with each other using social media and websites like Enternships.

The benefits go both ways:

  1. Students and graduates get their hands [and heads] deep into real work experience that shows them first-hand what running a business is like;
  2. Companies boost their manpower with young and energetic people who are willing to give all their input and make a difference while also learning new skills.

A third beneficiary should be added and this is where we make all the difference: the economy. Healthy business gets ahead, jobs are being created [85% of them in the UK to be precise], students get their valuable work experience, and great products and services are being sold. At the end of the day, the economy wins. The world wins.

Author: Andreea Magdalina, Content & Community Manager at www.enternships.com

Enternships is a platform that connects ambitious, entrepreneurial students and graduates with exciting startups and small businesses.



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