UES 642: How To Develop An Effective Internship Program For Your Small Business
The Kelly Roach Show
Kelly Roach
4.9 • 965 Ratings
🗓️ 18 March 2021
⏱️ 14 minutes
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Summary
We talk on this show all the time about creating the foundation for a winning team. Today, Kelly wants to pull back the curtain and take you back to before some of my her employees were a part of her team… to when they were interns!
Some of Kelly's best full time hires have come from internships. Having an internship program in your business is so important because you can:
- Pre-evaluate your hires
- Do so in an affordable way where you can remove some of the tactical work for your plate while helping your interns gain invaluable career and business experience
When you are growing in any organization, people are everything. Those who wait too long to hire are the ones that struggle immensely building their business and becoming a leader.
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Transcript
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| 0:00.0 | Hey hey, welcome back. Thanks so much for tuning in to the unstoppable Entrepreneurshell. |
| 0:07.6 | You are listening to a very special throwback episode. We're pulling out the best of our |
| 0:12.5 | over 600 episodes and making sure that you never miss the thing. So enjoy today's throwback. |
| 0:18.8 | We'll see you on the next slide. |
| 0:20.2 | In today's episode, we're talking about how to develop an effective internship program |
| 0:32.1 | for your small business. I am excited to be talking to you about this topic today because |
| 0:37.6 | three of my best full-time people started out as interns and it's been an unbelievable journey |
| 0:44.5 | of seeing them grow and mature and move from intern to contractor to employee. And we've learned |
| 0:52.2 | some really important things along the way. And so I'm hoping today's episode will be very |
| 0:57.0 | powerful and insightful for you in how you can utilize an internship program to yield better |
| 1:03.9 | hires and to grow faster in your small business. Now let's back up for a second and talk about |
| 1:09.9 | why this topic is so important. We all know that one of the most important things that's |
| 1:14.2 | going to drive growth in any organization is having the right people. People are everything when |
| 1:20.8 | it comes to building a company, a team, and a business that's going to be sustainable over time. |
| 1:26.6 | We also know one of the biggest problems that small businesses face is cash flow and that many |
| 1:32.6 | times you're ready for the people before you have the cash outlay to afford it. And so you have a |
| 1:37.6 | choice of debt or the wait and see policy. Neither one is the best option, but what I can tell you |
| 1:45.1 | is those that wait too long to hire often struggle and they struggle immensely. One of the biggest |
| 1:51.2 | reasons for business failure is the small business owner still doing it all, trying to manage it all |
| 1:57.1 | and be it all in their business instead of building a team around them. But let's talk a little |
| 2:01.7 | bit about this internship program. So not only is an internship program the number one way to |
| 2:07.9 | pre-vette your hires to make sure that people are productive and profitable from day one when they |
... |
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