The Start-Up Environment
Interning at a start-up has been a completely new experience for me. The work culture is very much how one would expect a start-up to be – quiet, small and scenic. In fact, my first day was also the first day of the first employees they hired, and it was the first day of the new office. It has been a busy first two weeks. The work pressure is high; it’s all-hands-on-deck where everyone is helping out with each other’s roles. Everyone works 6 days a week, and most people stay back till quite late in the evening. It leaves me with little time after work, but I’m hoping this will improve in the coming weeks as everyone gets settled in.
Bangalore in synonymously known as the City of Gardens, of which the location of my office is a living example. Replacing two walls are two large window panes showcasing the famous palm trees, sunny skies and colorful flowers Bangalore is famous for. The greenery provides a calming effect, allowing creativity to flow and brighten the atmosphere. I personally really enjoy the casual atmosphere – be it the dressing attires, the friendliness or our daily debates on which restaurant to order from. Plus, everyday there is some new addition to the office, from the coffee machine to paintings and plants. It’s interesting to witness the company and office being constructed piece by piece.
While there is still an element of hierarchy within the company, I have really bonded well with some of the new employees. We’ve even planned to go to an escape room this week, and soon go on a scuba diving trip nearby! I’m excited to build friendships alongside learn from my co-workers.
It has been three and a half weeks into my internship, and it’s been a steep learning curve. I had hoped to get exposure to the fields I would be working in after graduation. With interests in Business/Economics and Computer Science, I wanted tasks that covered all these 3 subject areas so that the experience would solidify my decision to pursue these areas, through a more informed decision on where it would lead my future. As I progress through the internship, I think this goal still accurately describes my experience.
The tasks I have been given are very interesting and varied, giving me exposure on different avenues of business. I have been involved in things from market research, to consumer in-sighting and developing job descriptions. Currently I am working on developing financial models to provide a recommendation whether they should full own or franchise the product, and this is something I am particularly enjoying. I have never been exposed to financial data and to dive into modelling has been a fun, steep learning curve. The experience is creating a growing interest in finance that I want to further explore academically. My work has an immense impact on the direction the company does to go in, and I’m glad that I’m contributing in a meaningful manner to the firm.
My co-workers all have an engineering background, which does make me stand apart – I do not have an engineering background. Occasionally while it does create a drift that I do not necessarily understand their discussions, I am slowly overcoming my hesitancy to ask questions and clarifications. I am increasingly being more questioning, and I have learned exponentially on the physics behind systems and how that can be applied to daily life. Our differences turned out to be a blessing in disguise!
I would be able to explore the Indian work culture and gain a better understanding on how leadership skills can be transferred between different types of projects. This would allow me to both develop my skills and also gain a deeper understanding on how to employ leadership skills effectively in a global context. In an organization that will scale up alongside the emerging economy, I look forward to learning how leaders adapt to an evolving economic climate, in order to have the most impact and be successful. Especially in the technology hub of the country, this experience will provide valuable and a unique insight into the electric vehicle market in a developing country.
The month has been a phenomenal learning experience, where I have grown in both knowledge and also as an individual and my leadership skills. I’m excited to see what the next month have in store for me!
One of the most valuable experiences I have had in the internship was conducting financial modelling. The final goal was to provide my recommendation on whether the company should own or franchise their large-scale product. While it was my most favorite task, it has simultaneously been my hardest task.
What made this such a phenomenal experience is the fact that prior to this internship, I have never been exposed to financial data nor any form of financial modelling. When given my task and goal, it initially felt quite overwhelming and a monumental challenge to carry out. Where do I even begin to build a financial model? What does it comprise of? What do I even model to derive results and an eventual recommendation? It seemed that I had more questions than answers. And yet, after a week, I managed to achieve a conclusion
As I began to attempt this large task, I initially strived to study financial models previously
developed by the firm and understand them thoroughly. Asking more questions from the models, I employed online resources and started to self-teach the basics of financial modelling. Before I knew, I was progressing through my modelling, learning exponentially about how to build them – but more importantly, how they were relevant and would help reach and prove my recommendation.
Although learning through YouTube and Google has left gaps in my understanding, I’m excited to explore this new-found interest. As I take a class on these very concepts next semester, I look forward to being able to apply my modelling experiences to class and develop a thorough understanding of the field. My work has an immense impact on the direction the company does to go in, and I’m glad that I’m contributing in a meaningful manner to the firm.