Wait… It’s already week 4? Where did the time go? It just seems surreal that we’re already a quarter way done with our internship! I can tell that this is going to be the time of the internship when things really start to take off. This is the chance of a lifetime and I know I need to take full advantage of it so I can get the most out of it. Also, I got my BambooSK8 deck and it rides as if I’m skating on a cloud with angels singing into my ears. Check it out:
So far, things are getting easier, yet much more challenging at the same time. Processes such as Hookit, Facebook, Twitter, and other weekly requirements are getting much easier to fulfill, and I can tell I’m becoming more efficient. However, the challenges are coming from new responsibilities that are coming from our teams. Since I last spoke to the world (through my blog) our team has become much better at communicating, which has made a tremendous difference in our efficiency! We’re all meeting multiple times a week with different people in order to plan out events, get ideas, and really get the ball rolling on this internship. This is the point that is going to define the leaders! It’s one thing to talk about what you want to do, but it’s a whole different thing to put those plans into action. Seems a bit daunting at times, however, my team is incredibly rad, to say the least! I’m definitely with a good group of people that I’m really looking forward to working with. Since our communication is better and we are all collectively helping each other, I feel we are creating much better synergy by working together to achieve our goals!
My week 4 nugget of wisdom is related to business that comes from an article called “What is Strategy?”:
Find your niche and actively pursue it! Finding your niche is important for numerous reasons. FIrst, it is a way of maintaining a competitive advantage through distinctive competencies. If you focus on this niche, you will create a fit within your company, which is not easily imitated by competitors. Also finding your niche will reduce “straddling”. Straddling occurs when you are in different markets within your industry. If you try to be in 2 different markets at once, it dramatically reduces efficiency, which causes the company to lose money. Finally, by finding your niche, it reduces competition. By finding your niche and trying to expand it within the industry as a whole, your competitors will feel less threatened. Therefore, they are less likely to attack you for “taking away” their customers.
Get ready for an insane summer, skaters! BambooSK8 has some awesome things planned for you!