Welcome back for another Linkibuzz!
We’ve got some great stories from around the world for you this week. Our first featured story looks at whether or not graduates should pick startups or corporations for their internships. Both come with advantages and disadvantages that graduates must consider, so make sure you read that story.
Our next story looks at creativity and growth in a startup. Creativity is the backbone of all profitable startups and is crucial to massive profits. However, sometimes it can be killed in the pursuit of growth and wealth, but this post explores a few key areas that will help startups grow without stifling creativity.
Our third featured story covers a development from the medical startup world. A startup called Aldatu is looking to developing a low-cost test that will identify undetected strains of the HIV virus for people in developing countries that could save lives and millions of dollars in healthcare costs.
Our final story covers an interesting evolution in the employer-employee relationship. As the writer of this story explains, the relationship is beginning to resemble that of a marriage. It certainly makes for interesting reading.
It’s the big question graduates are faced with, where is the best place for me to intern?
We all know that an internship is a vital foot in the door at any company, and even if you don’t get a job with that company, you’ve gained invaluable experience that gives you that edge over other competing graduates.
But many graduates feel confused about where the best place to intern at is that will actually help them reach their future goals.
Both come with their own advantages and the best way to choose is to look at the pros and cons of each and make your decision based on which is most aligned to your own personal and career goals.
Here are the things you should look at:
- Brand name – Interning at a big established company comes with certain recognition and prestige, but this doesn’t exist so much or at all with a startup.
- Networking – at a big company, you’ll probably feel like a small fish in the pond. At a startup, you’re more likely to get to know more people and increase your connections. This is not to say you won’t make valuable connections at a big company, but the size simply means you won’t get to know everyone on a personal level.
- Your role – at a big company, there is a lot more formal structure so you’ll be given a specific role to play and a set of activities to fulfil. At a startup, there’ll be a bit more independence and perhaps opportunities to show your skills and value up front to make a big impact.
- Behind-the-scenes experience – you’re far more likely to get a behind-the-scenes look at the operations of a business when interning at a startup, simply because it’s smaller and that’s the nature of the business.
Either way, whatever path you choose, you’re sure to get a lot of invaluable experience that will help you progress in your career.
We’re all aware that creativity is often the backbone of the world’s greatest companies. Think of Microsoft, Apple, Amazon and more; they all had creative genius behind them for their ideas and innovations.
However, growth and the pursuit of financial freedom that is supposed to create an environment to pursue creative endeavours can often end up having an unforeseen negative effect in that it kills creativity.
There are four key areas that are addressed:
- Build something people care about
- Know why people choose you
- Limit failure
- Making good decisions
If you focus on the key areas above, then you’ll be able to still maintain and encourage creativity in your business so you can grow rapidly. Read the post and check out how you can grow your business without stifling creativity.
There is some great news coming from a medical startup that is developing a low-cost test for identifying individuals who are HIV-infected but resistant to certain drugs. There are already drugs that have been developed to help combat HIV infections but there are some strains that go undetected. And in this case, the carriers of the virus can still transmit it to others, particularly mothers to their babies during childbirth.
This new test that is being developed by a startup called Aldatu Biosciences will help clinicians in developing countries identify the best drugs for their patients. The exciting thing is that this test has the potential to reduce HIV infections for those in developing countries and save millions of dollars in healthcare costs.
The development of this test falls under the Pan-Degenerate Amplification and Adaptation and has been patented and licensed to be developed under Aldatu. The team heading this latest development is world-class, consisting of researchers who have studied at Harvard and are award-winning in their fields.
It’s an exciting time in the medical startup industry and developments like this one that makes you realise how important startups are to the continuation of advances and innovations for human civilisation.
This is certainly a thought-provoking post that comes from Aimee Groth at Quartz and is sure to get people talking.
In this post, she argues that the employee-employer relationship is beginning to resemble that of a marriage and it continues to head in this direction. This is especially true at big, established companies, and she does make a fair point.
Specifically, there are many companies that are now starting to offer more benefits and ‘perks’ of working at a company in return for a lower annual salary. The idea with this is to fulfil the emotional needs of employees so they in return, feel a stronger need to remain committed to and give their all to their employers.
The big focus of this article is regarding the latest benefit by a company called Boxed that is now going to cover employees’ weddings up to $20,000 and according to Groth, this is symbolic of the direction of the employee-employer relationship in the United States at the moment.
“The employee-employer relationship is beginning to resemble that of a marriage, and it continues to head in this direction. It is time for the employment model to evolve to a model that hinges more on trust, and commitment is not dependent upon perks. But that’s where the similarities between marriage and employment should end.”
– Aimee Groth, Journalist and Author
The economy is changing as is the relationship between employers and employees. Employees are always saying that they want more freedom and more benefits and now companies are going to great lengths to give them this. As has already been mentioned though, there is a specific reason for it – to increase reciprocity and loyalty to the company.
It’s an interesting read about the role that employers are playing in employees’ lives so make sure you check it out.
We hope you enjoyed reading these stories from Linkibuzz #51.
First, we looked at where you should intern at if you’re a graduate looking to get a good headstart in your career. Secondly, we covered an article that explains how to build a company rapidly without it affecting creativity, which is the backbone of profitable companies.
Third, we explored an exciting development happening with a medical startup called Aldatu, that is developing a low-cost test for identifying undetected strains of HIV for people in developing countries.
Lastly, we explored the evolving relationship between employers and employees that is starting to resemble that of a marriage.
Stay tuned for next week’s Linkibuzz!