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Alex Hawkins ’15- Chamber of Commerce

Alex Hawkins Summer Internship 2014Alex Hawkins ’15- I have always been amazed by how fast time goes by during the summer, but it seems that this summer is going by particularly fast! This is unfortunate because this very well might be my last summer before having to go out into the “real world.” I am sure my fellow incoming seniors share this same feeling. It is summer break though, which means books are closed (for most of us) and Wallies across the nation are partaking in internships and other various jobs. I was lucky enough to land one!

Unfortunately, the internship I’m in did not place me somewhere amazing like Ft. Lauderdale (shout out to Stephen Fenton). Instead, I am located in good old Crawfordsville, Indiana. Now most people would dread being in here during the summer (especially for the second summer in a row), but fortunately for me, I have five fraternity brothers working internships around town. Sometimes I feel like I never even left the Phi Delt house, so it really isn’t that bad. Besides, once you turn 21, your options for things to do in Crawfordsville expands greatly.  I am very thankful for the Lilly Endowment for providing the funding for this internship as well.

I’m interning for Crawfordsville/Montgomery County Chamber of Commerce, and my official title is Management and Marketing Intern. When I first arrived, I was told that the day-to-day operations would never really be the same. I didn’t quite realize the extent of this until after I worked my first week. From making calls, attending meetings, finding sponsors for our golf scramble and business expo, to making adjustments on their website and social media, each day presents new assignments.

One of my projects I recently finished was the aforementioned Chamber’s annual golf scramble. This project was a lot of fun and taught me many different things about organizing an event of this scale. It also helped prepare me for the project I am currently working on, the Chamber of Commerce Business Expo.  For this project I made the online registration form, made tons of phone calls, and sent a lot of emails.  This project has been keeping me busy, but I am really enjoying talking with all the local businesses.  Working on these projects has helped me further expand various professional skill sets including organizational and social skills; two key skills that I believe are essential in any kind of profession.

I only have two and a half weeks left with my internship, but I plan on milking the most I can out of it. I encourage all those with internships to attend the things that your business/organization provides and puts on. One thing I am looking forward to that the Chamber of Commerce puts on is our Breakfast-Before-Business: a networking opportunity for Chamber members. I have always thought of myself as a business-savvy guy, so I look forward to talking and networking with local business owners.

Wabash has really taught me how to network. Good luck to all with your summer internships, and I look forward to seeing everyone back on campus and having a great senior year.

WAF!

Scott Purucker ’16- Tx:Team

Scott Purucker Summer Internship 2014Scott Purucker ’16 -It is incredible to think that my internship with Tx:Team is already half way completed. I guess what they say is true, time really does fly when you are having fun.  Not only am I enjoying the internship, but I also feel that I am making, as President Carroll Nelligan always says, meaningful contributions to the company and their mission of allowing everyone to live the healthiest life possible.

This summer, thanks to the generosity of the Lilly Endowment, I have the opportunity to work as the Finance and Clinical Operations Intern at Tx:Team in Indianapolis.  Tx:Team is a nationwide therapy provider whose home office is located here in Indianapolis.  They have therapy sites in Indiana, South Carolina, Maryland, and Mississippi.  I have been fortunate enough to visit several of the sites located here in Indiana and meet many therapists who are often the face of the company.  Prior to the start of my internship at Tx:Team, I had little knowledge of the therapy and healthcare industries, but thanks to the patience and knowledge of all the employees of the home office as well as copious amounts of reading, I have grown to have a much better understanding.

My daily tasks at Tx: Team includes updating several key metrics and compiling reports on these metrics, as well as attending meetings about the direction of the company in the future.  In addition to these daily tasks, I have been working on several larger projects.  These projects include creating a dashboard to better track the success of different therapy sites and creating a presentation regarding a new coding system that will be implemented soon.  Both of these projects have allowed me to contribute meaningful work to the home office and I have learned a great deal from them.  I have used quite a bit of my knowledge from classes at Wabash College for both of these projects.  Most of all, my use of Microsoft Excel.  Not only have I used the tools that I learned in the classroom, but I have also used critical thinking to make my way through these projects. I look forward to completing these tasks and taking on new tasks to help Tx:Team.

I am working with three fellow Wabash Men at Tx:Team, Scott Benedict ’98, Spencer Sheridan ’12, and Patrick Bryant ’16.  Each of them have been very helpful in guiding me as I work and are a large reason for my incredible experience thus far.

Connor Sullivan ’15- Triton Brewing Company

pcsulliv15Connor Sullivan ’15- For the Triton Brewing Company internship there are four parts that make up the internship as a whole.  These four parts are divided up according to the four parts of this business:  sales, production, tasting room and operations.  With the internship position spanning a period of eight weeks, each section of the internship last two weeks.  I first started off in sales.  For this period I followed our sales director around and learned the process of acquiring new customers as well as how to maintain and build upon relationships that Triton Brewing Company already had with prior customers.  The production side of the business is the behind the scenes part.  Here I learned about the brewing process and how the beer, then packaged and readied for shipment.  Triton Brewing Company has a tasting room on the front part of the building.  This is a bar scene where guests are able to come in and enjoy our products and others that we find quite favorable as well.  I took part in the event planning, how to run and operate the tasting room and was given the chance to serve our final product on some days, as well.  The final part of this internship is the operations.  Operations involve the financial part of running the brewery.  It can involve anything from paying bills, collecting payments and keeping inventory of what we have and what we need to buy.  Overall, this has been a very exciting and informative experience.  Not only have I been given the chance to learn about business and how to run a small business, but I was able to learn about the entire brewing process.  I would like to thank the Lilly Endowment, Inc for their support and thank them for giving me the opportunity, and all other Wabash men, of having an internship in our state.

Shank ’16 Chicago Finance: Sink or Swim

Shank '16 puts Wabash time management skills to use as he works remotely from Chicago Starbucks.

Shank ’16 puts Wabash time management skills to use as he works remotely from Chicago Starbucks.

Ben Shank ’16 - I am very thankful for the opportunity provided to me by Wabash’s Small Business Internship Fund.  It has allowed to me work a new product launch on a financial software project at a Chicago-based company, under the supervision of a Wabash alumnus.  He has gained a wealth of knowledge about the business world since graduating from Wabash with an economics major.  He has worked at the Federal Reserve Bank of Chicago and received an MBA at the University of Chicago.  This is all very relevant to my future pursuits as I am currently a rising junior economics major hoping to work in the financial field.  I also hope to one day get an MBA at a top school like UChicago.

I have been able to use skills I picked up at my previous internships at AMI Investment Management (also founded by a Wabash grad) in terms of competitor research.  While I was primarily researching stocks at AMI with the intent to purchase them, now I am researching companies from a competition standpoint. The internship has helped me think about “marketing” in a whole new way.  Before, I had associated marketing with artistic logos and creative jingles, none of which are really my forte.  However, I now see marketing as gaining an understanding of your current surroundings and peers and then identifying the need.  This will serve as valuable insight as I pursue a further career in business and finance.

Shank '16 SBIF Adorant2

This is a picture I took of Lake Michigan while walking on Lake Shore Drive during my internship.

Another interesting aspect of the internship has been the exploration of personality types and the way these impact consumer behavior.  One of the first things I did upon starting the internship was to take a Myers-Briggs personality test.  The (free and online) test asks you to answer about 80 questions, basically about how you operate.  I found that I am an ENTJ type; look it up – it’s fun to see how well your type describes you.   The goal is to not only identify what work habits work best for yourself, but also to attempt to identify how each “type” of consumer will respond to different products and features.

One of the great features of this internship is that it allows me to live in Chicago.  While I work remotely, typically from a coffee shop or my apartment, I do get to meet with my boss a couple times a week to touch base.  This internship forces one to develop time management skills since there are no set hours.  Luckily, Wabash is structured to the point that you either sink or swim based on time management skills or the lack thereof.  I highly recommend guys interested in a career in business or entrepreneurship to look into interning here through the Small Business Internship Fund in the future!

 

 

 

Conti & Overton All-American Business Model

Joey Conti ’15 –  Hey All! It is week three of my internship here at the Overton Network and the small business brainstorming has reached a peak.

Jeremy Overton ’00 and I started off the summer by outlining some personal goals of mine. While we explored that concept of personal improvement this question came about: “How in the world do you market success on the track to a potential employer?” I think that student-athletes across the nation, in all sports, and in all divisions eventually run into this problem. When a potential employer asks you, “What kind of skills do you have that make you a suitable candidate for this position?” It won’t bode well for you to answer: “I run pretty fast, actually.”

So we set out to conquer this question in a small business setting and one of the first answers we came up with has its roots in the training that takes place for athletes who want to be great. We were able to identify 5 actions that an athlete takes on their way to greatness, that we believe a small business owner does too.

  1. Decide – The athlete has to decide on a plan and then make the actual decision to train hard
  2. Follow – The willingness to stick with the original plan without deviation or hesitation
  3. Trust – Trust in your plan and your coaches to do what is necessary to achieve your goals
  4. Visualize - The athlete has to be able to visualize the landmarks and goals and recognize them when they happen
  5. Celebrate – You have to enjoy yourself and know when to relax

Snapshot 2 (6-25-2014 4-07 PM)In the next few weeks I will be visiting with a number of small business professionals (we have been calling them small business All-Americans) in an attempt to refine this list using their philosophies on each of these subjects. In the end I am going to be able to use this information to put together the All-American Business Model (you see what I did there?).

Jeremy Overton is a Wabash Graduate from the class of 2000 and the owner of The Overton Network. He uses his network as a means of connecting people in the Haubstadt, IN community with one another. In fact, his expertise in strategic coaching and financial consulting has earned him the nickname, “Mr. Miyagi!”

Thanks to Lilly Endowment Inc. and Wabash College for making this whole thing possible.

Cheers,

Joey-san

PS – Be sure to check out Jeremy’s blog (click the Overton Network link above) for his perspective on the Indiana Internship Program, too!

Regnier ’16 Liberal Arts and Finance

Tyler Regnier ‘16 - This summer I am interning for Thane Bushong ’96 at Private Capital Management Group, Inc. in Noblesville, IN.  PCMG Inc. is a personal finance firm offering investment, mortgage, insurance, and financial advising services.  I am also working on efforts within PCMG’s sister company, Timberline Properties, LLC, a property management group in Noblesville.  My responsibilities come in a wide variety, ranging from tax abatements, to kitchen remodels, to investment portfolios.

I started this position with mostly soft skills, such as strong interpersonal skills and a detail oriented mindset.  My main technical skills included proficiency in Microsoft Word and Microsoft Excel, which I gained from my statistics course with Dr. Byun.  Through this internship I have been able to strengthen both my analytical and technical skills, as I review investment portfolios and prepare presentations for various clients.  I have always been able to balance seeing and addressing the fine details of a situation while also keeping the larger picture or final goal in mind.  I have sharpened this skill by working on various projects in investments, and more so in real estate and property management projects with Timberline, LLC.

Tyler Regnier '16 (far right) with coworkers

Tyler Regnier ’16 (far right) with coworkers

Due to my diverse interests, I have now narrowed my career path.  At this time I am working towards a career in personal finance, law, or education.  From a young age I have held an interest in finance and investments.  Working at PCMG Inc., has enabled me to develop and strengthen that interest.  I am enjoying this position in personal finance, and I find stock research and portfolio analysis to be a invigorating activity.  In addition, the personal interaction with clients is a vital part of what draws me to personal finance.  I can certainly see myself in a full-time position similar to this internship.

At PCMG Inc., I have been handed a number of tasks that I know little to nothing about.  For instance, I am currently working on a tax abatement proposal for a historic building in downtown Noblesville that Timberline Properties, LLC will soon be renovating to create professional office suites.  This task is teaching me to handle situations with a steep learning curve, a skill which will be valuable in future positions.  Coming into this job, I knew nothing about local tax laws and incentives.  Through talking to local officials and business owners, I have been able to compile information on tax incentives to complete this tax abatement proposal.

My Wabash liberal arts education has enabled me to perform the wide range of tasks that this position requires of me.  Due to the wide array of subjects covered by a liberal arts education, my Wabash experience has enabled me to take on very diverse responsibilities as well as tasks which I initially know very little about. This internship has helped me further develop my skills and refine my career path.  I am very grateful that through Wabash and the Lilly Endowment, I am able to have this internship experience.

 

 

 

 

 

Purucker ’16 Classroom to Healthcare

Scott Purucker ’16 - It is incredible to think that my internship with Tx:Team is already half way completed. I guess what they say is true, time really does fly when you are having fun.  Not only am I enjoying the internship but I also feel that I am making, as President Carroll Nelligan always says, meaningful contributions to the company and their mission of allowing everyone to live the healthiest life possible.

Purucker '16 with Spencer Sheridan '12

Purucker ’16 with Spencer Sheridan ’12

This summer, thanks to the generosity of the Lilly Endowment, I have the opportunity to work as the Finance and Clinical Operations Intern at Tx:Team in Indianapolis.  Tx:Team is a nationwide therapy provider whose home office is located here in Indianapolis.  They have therapy sites in Indiana, South Carolina, Maryland, and Mississippi.  I have been fortunate enough to visit several of the sites located here in Indiana and meet many therapists who are often the face of the company.  Prior to the start of my internship at Tx:Team, I had little knowledge of the therapy and healthcare industries, but thanks to the patience and knowledge of all the employees of the home office as well as copious amounts of reading, I have grown to have a much better understanding.

My daily tasks at Tx:Team include updating several key metrics and compiling reports on these metrics, as well as attending meetings about the direction of the company in the future.  In addition to these daily tasks, I have been working on several larger projects.  These projects include creating a dashboard to better track the success of different therapy sites and creating a presentation regarding a new coding system that will be implemented soon.  Both of these projects have allowed me to contribute meaningful work to the home office and I have learned a great deal from them.  I have used quite a bit of my knowledge from classes at Wabash College for both of these projects.  Most of all, my use of Microsoft Excel.  Not only have I used the tools that I learned in the classroom, but I have also used critical thinking to make my way through these projects. I look forward to completing these tasks and taking on new tasks to help Tx:Team.

I am working with three fellow Wabash men at Tx:Team: Scott Benedict ’98, Spencer Sheridan ’12, and Patrick Bryant ’16.  Each of them have been very helpful in guiding me as I work and are a large reason for my incredible experience thus far.

King ’16 Business Plan Satisfying Experience

Brenden King ’16

Brenden King ’16 - It is hard to believe that 5 weeks have already passed in the LABB program. In these first 5 weeks, we have covered everything from writing a business plan to a crash course in marketing and finance. Roland Morin ’91 our instructor and boss was not joking when he said we would receive a mini MBA this summer. This past week may have proven to be the most challenging, but most rewarding, for the course. For our past business plan we were given a few weeks to gather information and present our idea, for this time around we were given a week and I think the entire group agrees that we were able to deliver.

Split up into groups of four to five, we were each tasked with finding an idea for a business and presenting it to prospective investors. My group was made up of Ryan Anzalone, Thanh Tran, Denzel Wilkins, and myself. After a few sessions we came to the idea of a 3D printing schematics company. With only a week to prepare our group, along with the other three, we used every minute we had granted to us to put together our plan.

The end result could not have been more satisfying. All of the groups were able to build their plans with only a week for preparation. The other businesses that my peers created were a marketing firm, a record label, and a cross-fit gym – all of which were researched and presented professionally. The next and final step for the program is the consulting project for Wabash College. I would like to thank the Lilly Foundation and our instructor Roland Morin for making all of this possible.

Wilkins ’15 Applies Finance Lessons to Creating Business Plan

Wilkins ’15

Denzel Wilkins ’15 - We have just completed the second week of the LABB program, and up to this point we have learned about how finances work and a bit about investments. I must say I had no idea how either one of these aspects worked in the business world. After a week of site visits and lectures, I am confident that my knowledge is fairly well-rounded in these two categories. I am able to use this knowledge in the restaurant business plan my group is creating.  So, not only are we given the information – we are able to apply them to real world activities, too.

My restaurant team consists of three people: Ryan Anzalone, Thanh Tran, and myself. We have been working on our business plan for about two weeks now and we found out that this is not as easy as we thought it would be. We are franchising Moe’s Southwest Grill and there are many different aspects that go into a business plan that we have to account for. Understanding a business plan is key to knowing what direction you want your business to go.

I would like to thank David Knott ’69, who gave us a huge wake up call about finances and investments. Also, I would like to thank Ron Zimmerman ’93, who came and talked to us about entrepreneurship and the difference between small businesses and large corporations.  Finally, I would like to thank the Lilly Endowment for allowing students this opportunity to receive a crash course of business in a matter of a few weeks, considering we don’t have a business major. Overall, in the second week of the LABB program, I feel that we have already learned so much about business. I would encourage students to take advantage of this opportunity because it is beneficial and provides us with real world experiences. I am excited for the four weeks we have left and what we will know when we finish the program.