A struggle for many college undergraduates is deciding between going to work and getting more education after graduation. No matter your personal opinions, this article from CareerRealism.com gives some pretty convincing statistics about why you should invest in your career early – and helped me reaffirm my decision to take the leap and accept my entry level marketing job with WebLink International.
And as though that article wasn’t enough, last night at our Business Leader Meeting, Lorraine Ball of RoundPeg reiterated the point of investing in your career before going to graduate school. The main reason: If you go directly into an MBA program, you have little real-world business experiences from which to draw. Lorraine shared how much more value she got out of graduate school because she worked for a few years between her degrees. Especially in times of 10%+ unemployment rates it’s easy to play it safe, go back to school, and hope things are better when you are ready to enter the workforce; but, as J.D. O’Donnell says in his article, “I wish [students] could talk with all the unemployed MBAs out there right now who are knee-deep in loan debt.”
Joining the Governor Bob Orr Entrepreneurial Fellowship is a great way to invest in your career early. The jobs with the Fellowship’s host companies provide Fellows valuable career experience in fast paced jobs – experiences that will allow you to bring more to graduate school discussions and classes (if you decide to go back).
Plus, getting experience in fast growing Indianapolis companies can help make the decision about going back to school easier. Some realize they don’t need an MBA to get where they want to go. Others learn that getting more education is the path they need to take. But no matter what, there is no doubt that during your two years in the Fellowship you will benefit from its unrivaled work experiences and networking opportunities in Indianapolis.
The date has been set for the Orr Fellowship's Holiday Group Service Project! On December 20, we will head up to the Amazon.com fulfillment center in Whitestown, IN for Gift Wrap With a Smile, an opportunity for local Indianapolis non profits to earn extra money by having its volunteers gift-wrap products for Amazon's customers. For every gift wrapped, 75 cents is donated to the non profit.
This year Orr Fellows will be wrapping gifts to raise money for the Shepherd Community Center. Shepherd's mission is to break the cycle of poverty on the near east side of Indianapolis. Shepherd offers programs for children, teens, adults, and families, helping to meet their physical, emotional, academic and spritual needs.
The Service Initiative is yet another aspect of the Governor Bob Orr Entrepreneurial Fellowship that makes the Fellowship one of Indiana's best jobs. In addition to the Personal Service Initiative, which Natalie referred to in her previous blog, the Fellowship Group Service (FGS) is designed to bring Fellows together for a day of service where we can give back as one. One unified group, one cause. When you work at jobs in fast paced companies like we do, it's hugely beneficial to slow down and take a minute to appreciate all of the opportunities afforded to us.
As we near Finalist Day when the class of 2010 Orr Fellows will make their decisions on whether to accept an offer to join the Fellowship, I think it's worth looking at who the Orr Fellowship is for. Working with high growth start-ups takes a certain kind of person, and it's certainly not for everyone. Here are a few characteristics that you might want to keep in mind.
The Orr Fellowship might be a good fit if you…
- Are graduating from an Indiana college or you’re originally from Indiana, and you have a strong GPA (preferably 3.5 and above)
- Enjoy working with smaller companies where everything is usually fast paced and everyone has to be willing to help out on various projects and different functional areas like marketing, finance, etc.
- Are someone that is eager to take initiative and make things happen rather than waiting to be told what job you need to do everyday
- Are interested in working in a variety of different roles. Many Orr Fellows rotate through different departments or work for a company that’s small enough to require every employee to be multi-dimensional.
- Would like to have a network of like-minded peers that you can work on potential business ideas with and get together socially
- Want to work for a fast growing Indianapolis company, and have the ability to get to know executives from other high growth start-ups
- Want to define your own career path by taking on big responsibilities in a small company rather than being a number in an entry level program at a large corporation
The Orr Fellowship might NOT be the right program if you…
- Are hoping to travel and have opportunities to work abroad right away. Although many Orr Fellows will have the opportunity to take smaller trips through the course of their job, the program is not designed to be travel intensive
- Need a boss to tell you exactly what to do every day. The most successful Orr Fellows are the ones who take initiative and execute beyond what they’re expected to do
- Expect to be in charge of the most important projects from Day 1. As an Orr Fellow you will likely have some less than glamorous projects at some point. However, they’re only opportunities to over deliver and build your reputation so that you can lead major projects in the future
- Base your job search on finding the highest possible starting salary. If you make it through the Orr Fellowship recruiting process you can find a better paying entry level job in Indiana or elsewhere. The Orr Fellowship is not for people who are looking for the money now, but for students that are more interested in learning, establishing a network, and getting a great experience so they can advance their careers more quickly in the long term.
This is not a comprehensive list of characteristics that define the Orr Fellowship. Hopefully it does give you at least a slightly better idea about whether or not the program is right for you. Among business jobs in Indianapolis, the Orr Fellowship may be one of the best opportunities for college graduates.
This video surfaced last week from Chow.com, a food and recipe site. I found myself at work watching John, the proprietor of Galcos Soda Pop Stop based in Los Angeles, walk me through his store and serendipitously bring me into his world of 'bubbly water'. Aside from his addictive personality, one can't help but be fascinated by the sheer volume of knowledge the man possesses about everything from rose petal flavored soda to his worldwide business development pipeline. It's always refreshing to hear and see someone who genuinely loves what they're doing.
When I watched the video, I couldn't help but think of entry-level jobs in Indiana. Entry Level Careers are often sought by people who want to make a lot of money, manage a team of employees, and take the elevator straight to the corner office. Most fast paced jobs offer entrepreneurially minded young people the chance to win many of those responsibilities. However, high-growth company jobs, and many other entry-level jobs in Indianapolis are about one thing: passion for doing good work. Companies hiring new grads need talent, but more importantly they need passionate talent. One sure-fire result of being passionate about your career is knowing your business inside and out. Jobs at a small company require that everyone contribute, and companies hiring new grads will open their doors to people who are willing to enter a business career in Indianapolis with a fervor for knowledge, hard work, and dedication.
The shipping is expensive, but I'm looking forward to my cucumber soda shipping in from California this week. Case-in-point right there...John was so passionate in his video that I actually ordered a case of cucumber soda. Imagine the possibilities if you began your business job in Indianapolis with that kind of passion...
People often misunderstand the value and cost savings that effective Supply Chain Management (SCM) has on everything we interact with day-to-day. In fact, over the past 15 years SCM has become the dominant way companies compete. For example, in the early 90’s it took roughly 104 days for a box of cereal to get from the factory to the supermarket (over 3 months for those of you wondering if I do good math). Through optimizing their supply chain, the grocery industry over the past 15 years has been able to save over $30 billion.
On the surface, supply chains seem relatively simple; most chains are only 5-7 ‘links’ long. However, modern day supply chains have become overwhelmingly complex (see image above). The internet boom and growth of sophisticated communication technologies allow companies to reduce material and shipping costs through the strategic sourcing of raw materials used to make ‘stuff’. As such, it’s the job of the supply chain professional to find cost effective and strategic ways to integrate these complex supply chains, reduce lead times, and sync sales channels.
I get asked quite often what I do at Brightpoint. I quip that I answer emails and ship cell phones. Then there is an awkward silence as the supplicant stares at me whilst I conjure up a lay-level explanation of “what I do.” It’s a difficult question for most recent college grads who have found technology jobs in Indianapolis. Much like ‘Supply Chain’, 21st century careers are unique post-graduation jobs, and jobs in fast paced companies are difficult to understand. Try explaining corporate blogging to someone, or why they should pay money for consumer reviews, or why Indianapolis business careers kick ‘SaaS’…it’s complicated. But these types of 21st century and high-growth company jobs, like Supply Chain Management, will be differentiators in a global economy.
The Governor Bob Orr Fellowship provides jobs in startups like Bluelock, Compendium Blogware, Canteloupe.tv, and Oxygen Education. These companies do complex work for a complex world. If you're looking for fast paced, and complex, 21st century jobs, click here.