Marketing used to be simple. You buy a few ads, maybe offer a coupon or two, and people would buy your product (ok, it wasn’t that simple, but it was close). The company that provided the audience–the tv station, newspaper, magazine, or billboard owner–earned most of the marketing spend. That model is changing, and consumers are getting an increasing share of the pie. Groupon really revolutionized the model by convincing tons of business owners to spend their advertising dollars on subsidizing a customer’s (hopefully first) purchase. TrialPay is a Mountain View, CA based company that is using a similar philosophy, but with a very different implementation (Groupon is actually one of their customers). As they put it, they offer “the leading transactional advertising platform that serves thousands of name-brand companies.” They’re kind of like the impulse buy aisle at the supermarket. They already know that you’re going to make one transaction, so they offer you another while your credit card is already out.
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California,
e-commerce,
engineering,
Internships,
marketing,
online marketing,
operations,
software development,
user experience,
web development
If you had to think of two industries that were hit hardest by the recession, what would they be? Mine would probably be publishing and real estate. (Finance may have been hit harder, but they bounced back almost immediately.) Since I firmly believe that great opportunity lies in taking on difficult challenges, I’m going to tell you about a company in the real estate publishing industry. Their name is Network Communications, Inc. (which tells you nothing about what they do), and they’re located in Lawrenceville, GA (a suburb of Atlanta). They produce a wide range of publications that focus on three specific areas: Home Sales, Rental & Leasing, and Home Improvement & Design. Some of their titles include The Real Estate Book, Apartment Finder, and Mountain Living. They break things down both by vertical and regional, and they’re just as active on the web as they are with print publications.
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writing
Volunteering is a great thing to do while you’re in college. It’s an opportunity to do good while building valuable skills and putting yourself to work doing something other than studying (which is really helpful when you start looking for a job). Obviously volunteering isn’t only for people who have time on their hands, yet many non-profit organizations treat it like it is. Why would you have a top notch software developer running around picking up trash when he or she could be fixing a few bugs on the organization’s website? Why have a brilliant investment banker building a house when he or she could be managing the organization’s endowment? If the volunteers want time away from work and would prefer to do something different, that’s totally cool. But what if they want to offer pro bono services? Where do they find organizations who can make the best use of their time? Catchafire is a New York, NY based B-Corp (a for-profit company with a social mission–we actually featured internships with B Corporation) that aims to fix this problem. They want to “make it easy for every professional to use their skills for good, and to make it easy for every nonprofit and social enterprise to access and effectively use pro bono as a way to build capacity within their organization.”
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business development,
consulting,
esign,
Internships,
marketing,
New York,
paid,
product development,
product management,
sales,
social entrepreneurship,
social venture,
software development,
user experience,
web development
If you watch the news, it’s easy to believe that we’re all constantly at great risk of dying in some sort of disaster. Yes, there are a lot of threats out there, but most of us shouldn’t waste a lot of time worrying about them. There are, however, some people whose job it is to worry about and prepare for the worst. Public Safety Risk Management is a seemingly impossible task, but someone has to do it. Our local, state, and federal governments need to be prepared to deal with all kinds of things–some you could never even dream of if you spent your whole life trying. Digital Sandbox is a McLean, VA based company that helps these professionals by providing “them with the tools they need to mitigate the catastrophic and disruptive threats that can impact them.” Most of these tools are in the form of software, and they are based on strategies and “analytical frameworks essential to effective management, analysis, and assessment of terrorism, natural hazard, and technological accident risk.”
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data,
Internships,
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research and development,
risk management,
safety,
security,
software development,
Virginia
You may not be planning on traveling this summer since you’re going to get an internship (you will if you haven’t already), but there’s a good chance that you’re going to spend some time traveling after you graduate. It’s a pretty common thing to do, especially when the job market isn’t completely rocking. (Just remember not to brag about it in your interviews–the guy who spends half of his 14 vacation days visiting his in-laws in Florida isn’t going to be too psyched about hearing every detail of your 3-month trek through Central America.) One of the best parts about traveling is planning: figuring out where to go, what to do, whom to see, and more. Many people rely on friends for recommendations, while many others scour the Internet for travel review sites. Gogobot is a Menlo Park, CA based company that is bringing those together. The people at Gogobot “believe passionately that planning your trips and sharing your travel experiences should be fun, easy and social.” I completely agree. My only issue is that I don’t like coming off as a braggart. Gogobot seems like the kind of place where it’s ok to show off a little when it comes to travel.
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social networking,
software development,
travel,
web development,
writing
We’re right in the thick of finals season. A few of you lucky ones are already done with them and may even be back at home already, while most of you are probably studying up a storm. It’s certainly a stressful time, and it often leads to bad decisions of the cheating/plagiarism variety. It definitely seems that plagiarism is a bigger problem now than it was in the past, but I think that it has more to do with advances in technology than an overall decline in student morals. When you had to hand write a paper or type it on a typewriter, copying someone was almost as annoying as writing your own paper. Now copy and paste makes it way too easy. Luckily, technology is catching up. iParadigms is an Oakland, CA (I swear I’m not trying to make this Oakland only, it’s just what I’ve been finding lately) based company that has been developing software to fight plagiarism since 1996. It started with some UC Berkeley researchers who had built internal tools “to monitor the recycling of research papers in their large, undergraduate classes.” From there a company was born.
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Sponsored Internship from my good friend Jason Seiden: Ajax Social Media is looking for an intern to assist with marketing. We train LinkedIn on how to use LinkedIn. No kidding. We are taking on one marketing intern this summer to help plan and execute live events in San Antonio, Dallas, and Chicago, including an upcoming book launch, and to assist with our new webinar series. To apply, DM @seiden with a link to your blog, FBook page, LinkedIn profile, or whatever other link you think is most relevant. (Hint: it’s probably not your resume.)
The average Internet user probably knows next to nothing about the Domain Name System or DNS. It’s a system that is mostly behind the scenes, even though it is absolutely essential to how the Internet works. When you type in www.onedayoneinternship.com, your host checks its records (which are constantly updated) for an entry corresponding to the domain name. If it’s up to date and working properly, it will resolve the domain name to the Internet Protocol address 98.158.181.7 (every device connected to the Internet has an IP address). From there the request will get passed on to my name server, and you will be directed to the proper site (since www.onedayonejob.com is hosted on the same server). Not many people realize how important a good DNS server is. If your ISP doesn’t update their DNS list often, you may not be able to access a site that moves to a new server. You might also get redirected to an annoying page filled with ads when you type in an invalid domain name. Or you might be using a slow DNS server that takes forever to connect you to the right server. OpenDNS is a company that solves all of these problems and more. They are based in San Francisco, CA, and they are “the leading provider of free security and infrastructure services that make the Internet safer through integrated Web content filtering, anti-phishing and DNS.”
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California,
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information technology,
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online marketing,
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research,
sales,
software development,
web development,
writing
There’s a long history of poking fun at Martha Stewart, and it started well before she went to prison. There’s just something funny about someone who takes perfection in domesticity as seriously as she does. My family even played an integral role in the satire of Martha with my little sister’s appearance in the parody magazine Martha Stuart’s Better Than You at Entertaining, which was a follow up to Is Martha Stuart Living? (here’s a picture my sister as young Martha Stewart in the parody). We can keep laughing at Martha Stewart, but she’ll always get the last laugh. She has an amazing track record of reaching the top in nearly everything that she has done–from babysitting for Mickey Mantle’s kids to starting a successful catering company in her basement to building a New York, NY based media empire in Martha Stewart Living Omnimedia. Martha Stewart is apparently now worth well over half a billion dollars, and has used her personal brand to build amazing print, television, online, and merchandise properties.
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apparel,
arts,
communications,
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crafts,
culinary,
design,
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events,
fashion,
finance,
food,
graphic design,
human resources,
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interactive media,
interior design,
Internships,
law,
licensing,
magazines,
marketing,
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One of my favorite daily activities during college was doing the crossword puzzle in The Cornell Daily Sun. It was a nice diversion during lunch (or an especially boring class). One of the best things that you can do while working on a crossword puzzle is to get one of the large horizontal words in the middle of the puzzle. These words are often 32 or 33 across, which is where 33Across got their name. They’re a company that “uses social graph data to dramatically improve online marketing” and “unlock the puzzle of social connections.” In other words, they have built a platform that targets advertising to people whose online connections already use the products or services that are being advertised. 33Across is based in New York, NY, and they have another major office in Sunnyvale, CA. Social advertising really is a lot like 33 across on a crossword puzzle–it’s really tough to solve, but when you do it opens a world of opportunities.
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web development
I was a senior in high school on September 11, 2001. We were told what had happened during our morning announcements period, and a few of who had free periods after went to the beach across the street from our school’s campus. We knew that on a clear day you could usually see the Twin Towers from there, but all we could see was a plume of smoke. We listened on the radio and heard reports of the towers falling and rumors of other attacks in the works. I was deeply affected by what happened that day, and since then I have been waiting for our country to bring Osama bin Laden to justice. Yesterday, a group of NAVY SEALs did just that under the command of the Central Intelligence Agency, which is based in Washington, DC but operates all over the world. I am extremely grateful to all of those who were involved–especially for those who risked their lives to make us safer. It’s a reminder of how important it is for our government agencies to have top talent working for them. WIthout great people working at the CIA and in our armed forces, bin Laden would still be at large.
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library,
Logistics,
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Washington DC,
web development
Usually I try to tell you about internships at cool startups before they get big, but I missed the boat with Foursquare, which is based in New York, NY. I guess I was too busy checking in everywhere to remember to look at their internships. For a while I was really into the location-based social network. I used it to run into friends who were nearby, get free stuff from restaurants, and even meet some new people. Eventually, though, I got sick of telling my Foursquare friends and Twitter followers where I was no matter how boring the place might be. But for old time’s sake I’ll tell you where I am right now. I’m at Cool Beans in Bellefonte, PA. They don’t have any Foursquare specials, but they have free wi-fi and a nice atmosphere, which is exactly what I was looking for in a pitstop as I drive from Connecticut back to Chicago today. I doubt my check-in today will lead to my meeting someone interesting, but you never know.
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New York,
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product management,
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social networking,
software development,
web development
When you’re running an online business, your biggest challenge is usually getting people to visit your site. That’s why Google has been able to build a multi-billion dollar business–they are able to consistently send sites substantial, high quality, targeted traffic. Because site owners are investing so much money in building traffic (whether they do it organically or pay for advertisements), they often overlook another part of the equation that is nearly as important: making the most of having a site visitor’s attention. This may mean getting them to read a piece of content, click on an ad, or buy a product. Whatever your business goal is, you want to make sure that your content is encouraging site visitors to do what you want them to do. That’s where Monetate comes in. They’re a Conshohocken, PA based company that helps “marketers test and target product pitches and site features.” Monetate covers all the technical hurdles so that in-house creatives can stick to doing what they do best and not worry about dealing with the IT department to implement the changes that they want.
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writing
These days it’s hard to find an advertisement where a brand isn’t encouraging you to Like them on Facebook or Follow them on Twitter. (And since I mentioned it, you should Like Us, Follow Me, and Join our LinkedIn Group.) I’m still not convinced that it’s a better idea to send traffic to your presence on someone else’s site than it is to send people to your own site, but everybody is doing it. And if you’re going to do it, you might as well do it right. Involver is a company that “provides marketers with everything they need to create rich experiences across the social web.” They’re based in San Francisco, CA, but they’re adding offices rapidly. So far they also have locations in New York, NY; Austin, TX; Los Angeles, CA; and Chicago, IL. To put it more simply, Involver has built a platform on top of the major social media platforms. By using Involver, you can more simply craft an exceptional user experience within the framework of sites like Facebook and Twitter.
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Texas,
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web development
Have you ever heard of a company or industry that wants you to use less of their product? Doesn’t really make sense, does it? It does if you’re in the power industry, at least to some extent. Some of the biggest proponents of energy efficiency are the utilities themselves. The reason for this is decoupling, or the “disassociation of a utility’s profits from its sales of the energy commodity.” It’s a tactic used by many states to create positive incentives for energy companies to be more green. Still, promoting energy efficiency to consumers is no easy task. That’s where OPOWER comes in. They’re based in Washington, DC and San Francisco, CA, and they use “cutting edge behavioral science and patent-pending data analytics” to enable “utilities to connect with their customers in a highly targeted fashion, motivating reductions in energy use, increased program participation and overall customer satisfaction.” It’s all about helping consumers make better informed decisions (which usually are also better decisions for the environment).
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environmental,
green,
Internships,
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Washington DC,
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I’m on my way to Ithaca, NY today for the Entrepreneurship@Cornell Celebration (e-mail me at willy@onedayonejob.com if you’re a Cornell student who wants to meet up). I’ve never been before, but I’m really excited to get more involved with my alma mater’s entrepreneurship community. I’m looking forward to meeting new people and catching up with old friends, and if all goes as planned I’ll be exchanging a lot of contact information with people. This usually means exchanging business cards, which inevitably end up in a pile in my apartment. There’s a much better way to swap contact info, and I even have the app loaded on my iPhone (though I must admit that I rarely use it). It’s called Bump and it’s produced by Bump Technologies in Mountain View, CA. Their app is as simple as their name–all you have to do is open the app, bump your phones (softly so as not to damage them), and you’ll have traded info.
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Advertising is supposed to deliver results, but for the longest time it was nearly impossible to tell whether an ad was actually performing as it should. The Internet has changed that, and it’s caused problems for lots of businesses that rely on ad sales for revenue. However, there are plenty of other businesses that are reacting quickly to these market changes and giving advertisers what they want. One of these companies is ConsumerTrack, which is based in El Segundo, CA. They specialize “in creating, managing, optimizing and monetizing marketing campaigns for a variety of companies ranging from small lenders and finance groups, to Fortune 500 banks and blue chip companies.” These aren’t just any marketing campaigns though, they’re designed in a way to ensure that clients are getting a maximum return on investment for their advertising dollars.
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affiliate marketing,
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California,
editing,
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Internships,
journalism,
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media,
media planner,
online marketing,
sales,
sem,
seo,
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unpaid,
web development,
writing
I haven’t purchased a lot of jewelry, but when I have (never for myself), I’ve found the process to be extremely intimidating. Jewelry stores are scary places–at least for men who are buying for someone special. There are thousands of options, all of them are expensive, and the staff can be snooty. I remember walking into one store and waiting 15 minutes for someone to acknowledge my presence. It was the one time that I actually knew what I wanted to buy, so I walked out and bought the same thing elsewhere. The experience made me never want to step foot in a jewelry store again. Maybe Gemvara is the answer. They’re a Lexington, MA based company that sells jewelry through the web, but there’s a really interesting twist.
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administrative,
analytics,
design,
gemology,
graphic design,
Internships,
jewelry,
Logistics,
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Massachusetts,
paid,
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software development,
user experience,
web development
I adore the concept of April Fool’s Day, but I’m rarely impressed by the gags that people come up with. It seems to have become a day where people show off how lame their sense of humor is. Since this is my fourth April Fool’s Day doing this and I still don’t have the heart to play a trick on hopeful internship seekers, we’re going to do what we’ve done for the past three years–look at companies with amazing senses of humor. Last year we covered Second City (and at least one reader landed a position there). The year before it was CollegeHumor. And the year before that we took a look at Motley Fool (check out this listing that their recruiter tweeted at me this morning). We’ve also covered internships at The Onion, but that wasn’t for April Fool’s Day. This year it’s all about Funny or Die, the “rapidly growing celebrity-anchored video website” based in San Mateo, CA. I guess this is what you get when you combine “a bunch of Silicon Valley dudes and ladies” with funny guys Will Ferrell, Judd Apatow, Adam McKay, and Chris Henchy.
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I love Opening Day! (Check out all of our baseball related internships.) It’s like Christmas in April…or late March (I really don’t like having the season start before April Fool’s Day). I try to watch as many Yankees games as I possibly can, so today represents a big change in my daily routine. When I first moved to Chicago, I had to rely on the MLB At Bat app on my iPhone to listen to games. Then I got DirecTV with MLB Extra Innings so that I could watch all of the games in HD. Now I’m using MLB.tv for viewing games on my phone, laptop, and television through an AppleTV (I’ve already watched quite a few spring training games). However, nothing beats watching my favorite team in person. Unfortunately, when the Yankees come to Chicago to play the Cubs at Wrigley this year, I’m going to be out of town. But last year when they came to play the White Sox, getting tickets through StubHub was a cinch. The San Francisco, CA based company is an eBay subsidiary, and they enable people to buy and sell tickets to all sorts of events–from baseball to rock concerts.
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baseball,
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California,
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research,
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sports,
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If you’re like me and wear t-shirts sometimes, then you know the value of a good one. Despite the fact that I have dozens of t-shirts in my dresser drawers, I wear the same few over and over again. My favorite is a Cornell Athletics t-shirt that has seen better days, but for many of you it might be a shirt from Threadless. They’re a brand/company of skinnyCorp that uses community-inspired designs to make awesome t-shirts. It’s hard to explain exactly what skinnyCorp is, but they’re all about using technology to facilitate collaboration within creative communities. Threadless is by far skinnyCorp’s most successful project (others include Threadless Kids, Naked & Angry, I Park Like An Idiot, and ExtraTasty). The company was founded in 2000 in Chicago, IL, and they also have an office in Boulder, CO. They’ve done a lot in that time, including being named “the most innovative small company in America” by Inc. Magazine.
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fashion,
Illinois,
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You know what’s a pain in the butt? Collecting money from people. Maybe you’re the captain of your intramural team and need to collect entry fees from your teammates (my volleyball league starts on Sunday!) or your group of friends want to do the “pitch in” and buy The Drake a big-screen tv (yes, that’s a Seinfeld reference). Maybe you want to easily collect donations or collect money from your 9 deadbeat roommates who never pay the cable bill. (Or maybe you’re collecting money for an NCAA Tournament bracket that may or may not be violating gambling laws.) You can collect cash, checks, or try to use PayPal. No matter what you do, it’s probably going to be frustrating. WePay is a Palo Alto, CA based company that wants to change that. They’ve built the “best way to collect money from other people.” Their site allows you to “send bills, sell tickets, and accept donations” while easily tracking payments and managing money. It’s essentially a group bank account (you can even get a debit card for it)
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Internships,
Marekting,
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Need an invite for One Kings Lane? Just click here.
You have to give me credit for being so far ahead of the game. I told you about internships at Gilt Groupe back in 2008 (I still get most of my non Bonobos clothes from Gilt Man). When I wrote that post, it was still unclear whether online sample sales would be successful, but now it’s not even a question. Daily deals are as hot as can be, and One Kings Lane was founded in 2009 to offer the “world’s top home decor brands and designers at up to 70% off retail.” They’re headquartered in San Francisco, CA, but they also have large presences in New York, NY and Los Angeles, CA. They’ve found an extremely lucrative niche, and now they’re focused on growing their user base and continuing to deliver amazing deals on high-end products. The business model is proven, but One Kings Lane is facing stiff competition–especially from Gilt Home.
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California,
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e-commerce,
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interior design,
Internships,
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merchandising,
New York,
operations,
quality assurance,
quality engineer,
software development,
user experience,
web development
Pi Day is one of my favorite holidays. Not only is it super geeky, but you get to celebrate by eating pie. I’ve been trying for years to find a pie company with internship opportunities, but haven’t been successful. In past years we’ve taken a look at Pi Media and The Mathematical Association of America for pi-related internships. I almost forgot about Pi Day this year, and I was already going to write about Orbotix, but then I realized that they couldn’t be more perfect for the holiday. They’re a Boulder, CO based company that I found out about on Brad Feld’s blog, and they are revolutionizing the simplest and best toy ever created–the ball. Their first product is called Sphero, and it’s a robotic ball that you can control with your smartphone. It has the potential to be the next big Christmas blockbuster toy, but even if it’s only popular with geeks and cat owners, I think it will sell a bunch.
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Internships,
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online marketing,
paid,
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software development,
toys,
video games,
web development
Since I made the move to Chitown, I’ve met a lot of cool people–many through the entreprenuership scene and many others through playing volleyball (indoors and on the beach). What’s great about meeting so many new friends is that they often introduce me to really cool companies that I’d never heard of before. One of the companies that a couple of my volleyball friends work for is called Vodori. They’re a Chicago, IL based full-service digital agency, and they do some amazing work–especially for themselves. They recently relaunched their own site, and it’s killer. Not only does it make you want to hire them, but it also makes you want to work for them. There’s even a section on thed site that shows how many pages they’ve published, pixels they’ve pushed, cups of coffee they’ve drank, miles they’ve biked, Whole Foods lunches they’ve eaten, and languages they’ve spoken.
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Illinois,
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Internships,
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strategy,
web development,
writing
Getting a taxi in Chicago is a cinch. Just standing on the street looking kind of confused will get taxi drivers honking at you to see if you need a ride. If you have luggage in tow, they’ll nearly run you over to get that $42 fare to O’Hare before someone else does. I’ve heard hailing a cab in other cities can be kind of a pain though. Apparently San Francisco, CA is one of those cities, which is why Uber (formerly UberCab) is getting so much attention. They offer a super simple, relatively affordable black car service that harnesses the power of the mobile Internet. Through SMS or an iPhone or Android app, you can request that Uber send a car to come pick you up. They’ll give you an estimated arrival time (usually within 5-10 minutes), and when they get there they’ll notify you. You hop in the car, tell the driver where to take you (or to lose the car that is following you), and hop out once you’re at your destination. Uber already has your credit card from when you signed up, so the payment is covered and a tip is already included. It’s certainly a luxury, but it’s a luxury done right.
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Internships,
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transportation,
user experience,
web development
A few days ago I saw a retweet from Peter Gammons’ account about some job opportunities. That seemed a bit odd to me since Peter Gammons is a baseball reporter and analyst, and the jobs didn’t seem to have anything to do with baseball. I made a note of it and went back to what I was doing. Today I went to check out 38 Studios, and I realized that Gammons was retweeting Curt Schilling, the former Phillies and Diamondbacks pitcher (he may have also played for the evil Red Sox, which is probably why Gammons, the biggest Red Sox homer ever, was retweeting him). Anyway, Curt Schilling is the founder of 38 Studios, which is “an entertainment and IP creation company in development on a broad range of products, including online and console video games, toys, novels, comics, film, TV, and other forms of digital media.” I’m not sure how I’d describe the stuff that they’re putting out, but if I had to pick one word it would be fantasy. Like I said, nothing to do with baseball. 38 Studios was previously based in Boston, MA, but they’re in the process of moving to Providence, RI, and that’s where most of their jobs are now.
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animation,
arts,
design,
engineering,
illustration,
Internships,
Maryland,
publishing,
quality assurance,
recruiting,
Rhode Island,
software development,
user experience,
video games,
web development,
writing
Because I started my business without any post-graduation work experience, I’ve had to rely on free resources to learn the tricks of the trade. Sites like Hacker News, SEOmoz, Mixergy have been unbelievably valuable to me. But you can only get so much for free. Fortune 500 companies budget millions and millions of dollars to ensure that their leadership teams are well informed and well advised. One place that 80% of Fortune 500 companies go for advice is The Corporate Executive Board. They are an Arlington, VA based company that helps “senior executives at the world’s leading organizations… and their teams with actionable insights, analytic tools, and advisory support to quickly and confidently focus efforts on what they need to know, and do, next.” The Corporate Executive Board spun off from The Advisory Board Company (they focus only on healthcare and higher education) in the late 90’s, and that was later followed up with an initial public offering.
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account management,
all employers,
analyst,
Arizona,
Australia,
business development,
California,
Canada,
communications,
community management,
compliance,
consulting,
customer service,
data,
design,
finance,
human resources,
Illinois,
India,
information technology,
Internships,
law,
market research,
marketing,
Massachusetts,
member services,
Minnesota,
New York,
paid,
quantitative,
research,
sales,
Singapore,
software development,
strategy,
training,
united kingdom,
Virginia,
Washington DC,
web development
The past few years have brought the Internet to our phones. Now most of us have mobile devices that can do way more than what our PCs did for us just a few years ago. But what about bringing the power of the telephone to the Internet? You may ask why at first, but after you check out Twilio your tone will change. They’re a “cloud communications” startup located in San Francisco, CA, and I’ve been hearing about them from all directions lately. Why? Because they’ve built a platform that enables people to interact with web applications through the phone. For instance I could build an application that calls me if my site ever goes down. Or I could use someone else’s application to order pizza from any pizzeria in the U.S. Survey Monkey is using Twilio to automate phone surveys and StubHub is using it to confirm purchases instantly via SMS.
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California,
engineering,
Internships,
marketing,
mobile,
paid,
social media,
software development,
telecommunications,
web development
Ever curious about the business behind One Day, One Job and One Day, One Internship? Read this interview I did with The Startup Foundry.
I never took an Accounting class, but I do run a business, so I need some knowledge of keeping the books. I may have never learned the formal definition of “accounts receivable,” but I certainly know it in practice. Right now there are 7 businesses that owe me money for advertising. That’s an asset worth something, but it’s not quite as valuable as actually having the money in the bank. Luckily, running this business is cheap, so cash flow is never an issue. For many other types of businesses, cash is vital. The month or two that they give debtors to pay invoices can be extremely costly (in terms of risk and the time-value of money) because it limits the businesses’ ability to make short-term investments like buying products wholesale to sell retail, paying for advertising, or making payroll. The Receivables Exchange is a New Orleans, LA (headquarters) and New York, NY based company that fixes this problem. They allow business to auction off their accounts receivable for cash. Businesses obviously have to pay a premium for the cash that they get, but it allows them to make short-term investments that should be far more valuable than the fees they pay to the buyers of their accounts receivable.
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accounting,
administrative,
business development,
customer service,
finance,
human resources,
information technology,
Internships,
investment,
Louisiana,
marketing,
New York,
operations,
paid,
product management,
sales,
software development
The Washington Media Scholars Program Case Competition opens today! Get all of the details here.
Now, I haven’t heard of any internship seekers who use flashcards for interviews, but I’m sure there are some out there. I haven’t touched a flashcard since I stopped taking French, and that was a long time ago. I don’t miss them at all. It’s probably because my French teachers forced me to write hundreds of flashcards for homework. If I could have found a way to use a computer to automate the process, I would have. But those teachers wanted to see a handwritten flashcard. Today’s students probably don’t feel my pain. That’s because you can make all of your flashcards online, share them with friends, and use them on your smartphone thanks to Quizlet. They’re a San Francisco, CA based company that aims to “creatively harness technology to provide powerful, free learning capabilities to hundreds of millions of people.”
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business development,
California,
design,
education,
engineering,
Internships,
marketing,
operations,
product development,
product evangelism,
product management,
software development,
user experience,
web development