Most people see insurance as a good thing. I see it as more of a necessary evil. The truth is that the large majority of people are losing money when they’re paying for insurance. Insurers wouldn’t take on your policy if it wasn’t going to be profitable for them. You’d be amazed at how good insurance companies are at predicting risks, which is why their business operations are so largely skewed towards getting new customers. Ever wonder why GEICO, Allstate, State Farm, and other auto insurers are so aggressive with their advertising? It’s because if you sign up, they’re going to make money. This means that generating leads for insurance companies is a huge business, and that’s why Seattle, WA based QuoteWizard came in at #36 on the Inc. 500 this year with 5,950.5% three-year revenue growth. They provide a simple online tool to help consumers find the best quotes for Auto Insurance, Home Insurance, Renter/Condo Insurance, Health Insurance, and Life Insurance. By organizing and presenting information in a simple way, QuoteWizard is able to generate a ton of leads for insurance companies—and for every lead they generate, they get paid. Continue reading about QuoteWizard…
There are a lot of things that you can do to get through college when money is tight. You can get a temporary job, you can do consulting, you can live with your parents, you can sell your blood, and you can even collect cans for the deposit money. But if you’re desperate for cash, you might as well start out with low hanging fruit. There’s a good chance that you have outdated electronics lying around your apartment or house. Maybe it’s a first generation iPhone or a video game system that you never play anymore. Why not sell it? You don’t even have to go to some sketchy neighborhood to find a pawn shop or meet some stranger from Craigslist. You just need to use Gazelle, a Boston based company that provides “a practical, responsible, rewarding way for consumers to get value for used electronics.” The are the “nation’s largest reCommerce company,” and they keep growing—they’re #24 on the Inc 500 list with a 7,119.7% three-year growth rate. Continue reading about Gazelle…
I was considering writing about McDonnell Douglas after having my apartment building buzzed by F-18s all day yesterday (they’re practicing for the Chicago Air and Water Show), but I had a friend send me a link to a posting that was way too cool to pass up. It’s from the venture capital industry, which is notoriously hard to break into. Lowercase Capital is a new Angel Fund that was launched in June by Chris Sacca, who was formerly the Head of Special Initiatives at Google. I’ve spoken with a few venture capital companies who were interested in my business, and most seemed buttoned up (at least compared to the startups that they invest in). This is definitely not the case with Lowercase Capital, unless you mean buttoned up with a Bolo tie. Yes, Lowercase Capital has a Western theme, which is fitting because they’re located in Truckee, CA (I was in Truckee two days ago, and it’s awesome). It almost seems gimmicky, but the whole thing really speaks to how Chris is trying to change the way venture capital works with Lowercase. Continue reading about Lowercase Capital…
Looking good is key to interviewing well. If you’re not confident in how you look, you won’t be confident in how you speak. Clothes matter. Luckily, dressing well doesn’t have to be expensive. We’ve worked out deals to get you $50 off your first order at Bonobos and free access to Gilt Groupe’s daily sample sales. You’ll look good, feel good, and still have some money left to celebrate landing a new internship.
August is typically a big vacation month, so it can sometimes be hard to stay focused on your internship search. If you’re taking a vacation yourself, you may want to thing about the brands that you associate with vacation. For me, it’s often L.L. Bean because I end up spending most of my time enjoying the outdoors—and that usually includes some of their gear. They’ve been “a trusted source for quality apparel, reliable outdoor equipment and expert advice for more than 95 years.” It all started with one man named Leon Leonwood Bean and some cold wet feet. He decided to combine the comfort of leather boots with the durability and functionality of rubber work boots. He then obtained the mailing list for Maine hunting license holders and sent them a three-page flyer about his new boots. L.L. guaranteed that people would be satisfied with his boots, and he had to eat his words. Of the first 100 pairs that he sold, 90 were returned for defects. that would put a lot of people out of business, but not L.L. Bean, which continues to be located in Freeport, ME to this day. Continue reading about L.L. Bean…
I’m an unabashed Groupon fan. How can I not support the Chicago based company that started the group-buying frenzy? Moreover, I’m just flabbergasted at the amount of value that they’ve been able to build in such a short time. The only problem with creating an extremely lucrative new market when you have little or no IP is that the competitors come out in droves. There are a lot of Groupon wannabes. A lot. Many of them will fall by the wayside as they realize that they’re not capable of building out the kind of sales/business development team needed to grow a group-buying business, but there are a few competitors that seem to be doing quite well. One of them is LivingSocial, which is based in Washington, DC (maybe they should focus on group-bribing of politicians, or is that called lobbying?). They now offer daily deals in 52 cities, and they have nearly $50 million in venture funding. They weren’t profitable yet as of March, but you have to think that they’ll get there soon. Continue reading about LivingSocial…
I don’t do a ton of shopping, but when I do, I almost always buy stuff online. It’s become way too easy not to do. It’s also usually significantly cheaper. I used to shop around a lot online, but I’ve gotten to the point where if Amazon stocks the item, I go with them. They almost always have the best prices, and they’re as reliable as can be (and having free 2-day shipping from Amazon Prime
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It’s story time today! Let’s go back three years to when I was still job searching. I was getting extremely frustrated with the recruitment process, and I was starting to think about how I could make online job search better. Beyond my typical job searching, I was reading everything that I could about the online recruitment industry. I was generating new ideas, and trying to find a way in so that other job searchers wouldn’t have to go through what I went through. I took an especially strong interest in Indeed, not only because they provide an excellent job search engine, but also because they were an innovative and successful startup located in Stamford, CT—just 20 minutes from where I was living at the time (they also have an office in Austin, TX). They were still small, and they didn’t really have any job postings that were suitable for me, so I e-mailed the CEO. I told him why I wanted to work for him and what I thought that I could bring to the table. It worked, and I got an interview (going straight to the top is an underrated job search method). After clearing the phone screen, I got invited to the office to meet with some people on the team, and, to my surprise, that included the CEO whom I had e-mailed my initial “cover letter” to. The interview was kind of a disaster. It went well at first, but I had already started working on One Day, One Job, and telling a potential employer that you’re starting a company in the same space isn’t typically a good idea. I didn’t get offered the job (nor did they ever formally reject me), but I think it all ended up for the better. Continue reading about Indeed…
Who doesn’t love taxes? Why would you want your full paycheck when you can only get a part of it? Why would you want to pay the advertised price when you can pay it plus a percentage (it’s like a reverse sale every time—especially here in Chicago where we have the country’s highest sales tax of 10.25% and sometimes higher)? Obviously, paying taxes is part of being a good citizen, but that doesn’t mean it’s not terribly frustrating. Before you get a job (thank god internships are often unpaid), you should know that you’ll probably spend anywhere from 3-7 months of the year working just to pay your taxes. And by the time you’re in your prime and actually making a decent salary, it’ll be even more since our generation is going to have to pay off all of the debt that our country is accruing right now. Paying tax is bad enough, but imagine being the one responsible for collecting taxes. That’s the case for many business owners, and now that the Internet lets you do business in any state or country, collecting the right taxes can be an enormous headache. Luckily, there’s Avalara, a Bainbridge Island, WA based company that has developed software to “automate statutory tax compliance.” Continue reading about Avalara…
There is one, and only one, One Day, One Job t-shirt (and there are no One Day, One Internship t-shirts). It came free with the business cards that I ordered from VistaPrint (see VistaPrint’s internships). I usually wear it to the gym or to play volleyball, and, unfortunately, nobody who recognized the logo has ever stopped me to tell me how awesome my site is. That’s why there won’t be any more One Day, One Job t-shirts (unless more than 100 of you e-mail me and tell me that you want one). But if I was going to give you the option to buy all kinds of One Day, One Job/Internship gear, I’d probably use CafePress. They’re a San Mateo, CA based company that allows you to customize nearly any piece of merchandise—t-shirts, bumper stickers, mugs, underwear, pillows, and even Flip cameras. Webmasters have been using CafePress forever to sell custom merchandise, and from what I can tell CafePress’ quality continues to get better. Continue reading about CafePress…
Chances are that housing is and will be your biggest expense for most of your life. It’s one of our most basic needs, so it makes sense that we spend a lot on it. Unfortunately, housing markets don’t react quickly to changes in demand, so we often have situations where housing becomes unaffordable for many who wish to live in an area. This may be ok when it’s some posh area of town, but what about when people who have lived and worked in area for years can no longer keep up with the real estate prices? Enterprise Community Partners is a Columbia, MD based non-profit that addresses these problems by creating “opportunity for low- and moderate-income people through fit, affordable housing and diverse, thriving communities.” They want to help people living in poverty “move up and out,” and they do this by helping to develop “a diverse mix of affordable and market housing options, access to jobs and social supports, and a strong commitment to the environment and civic participation.” Continue reading about Enterprise Community Partners…
Believe it or not, I started thinking about retirement right after I graduated college. No, I didn’t win the lottery or have a big entrepreneurial success. I started investing and contributing to my IRA. It was a good way to stay productive and get ready to be an adult. If you start thinking about retirement in your early or mid 20s, you’re likely going to be in great shape 40 years down the line. Unfortunately, many people don’t plan that far ahead, so they end up needing help much later in life—and often they don’t have access to good advice once they realize that they need it. Financial Engines is trying to change that. It all started with Bill Sharpe, who won the 1990 Nobel Prize in Economic Sciences. By combining “Bill’s pioneering investment methodology with proprietary technology” Fiancial Engines is able “to provide all investors with cost-effective, expert advice and management—the kind previously available only to the world’s largest institutional investors.” Financial Engines, which is based in Palo Alto, CA with offices in Boston, MA and Phoenix, AZ, partners with both retirement plan providers and large employers to offer their services and change the way that people get retirement help. Continue reading about Financial Engines…
Early in the recession it seemed as though the video game industry would never be affected. Traditional game publishers were busy selling their wares to the unemployed and hiring to keep churning out games—so there were plenty of internships in video games. Things seem to have slowed down over the past year, but I think it’s more about a change in the games that people play than macroeconomic conditions. Facebook and the iPhone have created new markets for cheap and free (ad-supported) games to gain a lot of traction. There are a ton of gaming upstarts entering the market, and traditional publishers are changing the platforms that they develop on. One of the upstarts is Watercooler, a Redwood City, CA based social games developer that has already reached “over 25 million application installations.” The company started as a network of online fan communities focused on sports and TV, but they’ve switched focus and used their “social product expertise to create innovative and engaging social games.” Continue reading about Watercooler…
I hate the term Millennial when it’s used in the same way that Generation Y is. A lot of career advice these days is focused on generational issues, but I just don’t buy into it. Yes, old people and young people have different attitudes, but that’s nothing new. There are way more important things to be talking about, which is why I get visibly irked when the word millennial comes up. (And I’m proving my point right now by being a 25 year old grumpy old man.) My bad attitude should explain why it took me a second to warm to the idea of Millennial Media, which is a Baltimore, MD based mobile advertising company. By millennial, they mean next generation/futuristic, so they’re ok in my book. The company apparently has the largest mobile advertising network in the country, and they claim to reach 83% of the U.S. mobile audience. Continue reading about Millennial Media…
It’s hard to go a week on One Day, One Internship without seeing me mention some company’s venture capital financing. I’m sure that some of you have no idea what I’m talking about, so here’s how it works. Venture capital firms provide investment in (typically early stage) companies to help them grow more quickly. They get a piece of the company, and they provide cash to help the company do things like hire people, buy more servers, or get office space. It’s the reason that you see companies that may not be profitable (yet) spending money. We feature a lot of venture funded companies here, and a number of them including 10gen, Etsy, Meetup, Pinch Media, Twitter, and Zynga are portfolio companies of New York City’s Union Square Ventures. Without money from Union Square these companies may not have been able to add jobs and end up featured on One Day, One Job or One Day, One Internship. Typically Venture Capital is an extremely difficult field to break into, but I just got word that Union Square Ventures is hiring, and I figured we could also take a look at potential internships. Continue reading about Union Square Ventures…
Not many of the companies on Fast Company’s list of “The World’s 50 Most Innovative Companies” are non-profit, and not many non-profits generate over $1 billion in annual revenue, but MITRE fits both criteria. I know that many of you want to see fewer technical internships, but I’ve also noticed that most of the non-profit internships that we feature on weekends aren’t very technical. MITRE, which has headquarters in Bedford, MA and McLean, VA offers an exception. They are an “organization chartered to work in the public interest” through “expertise in systems engineering, information technology, operational concepts, and enterprise modernization.” They do this work through “four Federally Funded Research and Development Centers,” with one focused on the Department of Defense, one on the Federal Aviation Administration, one on the Internal Revenue Service and U.S. Department of Veteran Affairs, and one for the Department of Homeland Security. Continue reading about MITRE…
I’m still working through my favorites from Fast Company’s list of “The World’s 50 Most Innovative Companies,” and today we have a firm that came in #3 on their list for Design companies. It’s New York City’s Rockwell Group, which is the company behind my favorite airport terminal (jetBlue’s JFK Terminal 5) and many of Starwood’s hotels. They also did this year’s set for the Oscars and a groundbreaking playground in partnership with KaBOOM!. It may sound like they’re an architectural firm, but Rockwell Group is more than that—they also do product design and set design. It’s all about creating “immersive environments.” They even have a book entitled Pleasure: The Architecture and Design of Rockwell Group
If you woke up this morning with a sore throat, what would you do? I bet many of you would get on the computer, type your symptoms into Google, and probably end up on WebMD trying to self-diagnose. I’m not sure whether that’s a good thing or a bad thing (maybe we should leave the diagnosing for the doctors), but it’s how most of us operate these days. We have a remarkable amount of medical information available at our fingertips, and WebMD, which is based in NYC with a significant presence in a number of other cities, is responsible for a lot of it. They consider themselves “the leading provider of health information services, serving consumers, physicians, other healthcare professionals, employers and health plans.” If you read that closely, you probably noticed that WebMD’s business goes well beyond their consumer facing website. Continue reading about WebMD…
I got a tip on this one from a fellow Cornellian (which is cool because a few of my friends from Cornell work at Rosetta). If you ever find a company that you think that we should feature, e-mail me at willy@onedayonejob.com. We feature a lot of interactive marketing agencies because they’re usually pretty big on hiring young talent whether it be at the intern or entry level. Rosetta stands out because of their size and sophistication—they almost seem more like a consulting firm than a marketing agency, at least in the way that they present themselves. For instance, they recently become a “top ten interactive agency” by means of an acquisition. That seems so different from the image that most agencies try to portray, but it’s working. Through “dedication to client work within Consumer Products & Retail, Healthcare, Financial Services, Consumer Technology & Media, B2B, and Travel & Hospitality industries” Rosetta “has created enduring partnerships with [their] clients including Scholastic, Coach, Borders, Johnson & Johnson, Bristol-Myers Squibb, Nationwide, Marriott and Microsoft.” Those are huge names, so you know Rosetta, which is headquartered in Princeton with offices in New York, Cleveland, Boston, Chicago, and Denver, is capable of delivering results. Continue reading about Rosetta…
I’m a big proponent of making personal finance part of your career planning. By managing your money wisely (even if you barely have any as a student), you’re creating a project for yourself that you can use to demonstrate to employers how you’ll be an effective intern. When I need information on personal finance, I always look to Ramit Sethi, the founder of a website called I Will Teach You To Be Rich and the author of a book by the same name
I have to admit that the “jobs” that I’m most concerned with today is Steve Jobs. I can’t wait to find out what Apple is announcing today, and I wish that I had some relevant internships to bring you. I don’t, but I did come across a really cool list yesterday called 5 Butt Kicking Companies You (Probably) Never Heard Of. The list is exactly what it promises, as it features 5 later stage startups that are growing rapidly and hiring lots of people. The first company on that list is Palantir, a Palo Alto, CA based company (with another office in McLean, VA) that “is working to radically change how groups analyze information.” They were founded by former PayPal employees and Stanford computer scientists. Right now the company is focused on two verticals: Government and Finance. Both areas deal with massive amount of data and information, so it makes sense that Palantir is starting with them. Continue reading about Palantir…
I live across the street from what was formerly the world’s largest building—the Merchandise Mart in Chicago. It’s massive at 4,000,000 square feet, which is extremely impressive considering it was opened in 1930. What’s even more impressive is that, with some debate, the Merchandise Mart is now the world’s largest “green” building. It is LEED-EB Silver certified, and apparently the retrofitting that they did to achieve this certification has cut utility bills by 10%. Upgrading one of the largest buildings in the world to be more energy efficient and environment-friendly is a daunting task, luckily the LEED Certification process provided the owners of the Merchandise Mart with guidelines to work to. The organization behind LEED is the U.S. Green Building Council, which is based in Washington, DC. They are a non-profit that is “committed to a prosperous and sustainable future for our nation through cost-efficient and energy-saving green buildings.” Continue reading about U.S. Green Building Council…
I have no idea how I’ve made it through nearly two years of posts on One Day, One Internship without featuring ESPN. I covered ESPN’s entry level jobs on One Day, One Job, but never took the time to look at their internship program. As you probably know, ESPN is the “worldwide leader in sports.” They’re a huge media company with multiple television stations, a magazine, and an enorous web presence—they also have branded restaurants. When it comes to sports coverage, there’s no competition; ESPN is king. They also have an amazing employment brand not only because they offer jobs and internships in sports, but also because of their awesome commercials that take place in their Bristol, CT office. I have to imagine that internships at ESPN are some of the most sought after internships out there. Continue reading about ESPN…
Happy MLK Day! For last year’s holiday we featured internships at The King Center, so check those out. Today’s company has nothing to do with MLK, so instead of trying to make a tenuous connection, I’m going to jump right in. Datran Media is a New York City based digital marketing technology company. They help “advertisers, publishers and agencies manage their branding, acquisition, retention and monetization campaigns across multiple channels.” They started as an e-mail marketing company back in 2001, and since then they’ve expanded into a number of different business areas. Datran Media has worked with huge names like NASCAR, eHarmony, The Ad Council, and Microsoft. To get a better feel for what Datran Media does, you may want to check out these case studies of award winning campaigns that they’ve done for the PGA Tour and Sony. Continue reading about Datran Media…
Even though it seems that the economy is crawling its way to recovery (I’m seeing more entry level and intern opportunities than I did last year), we have a long way to go before the finance industry gets back on its feet. Yes, the stock market is doing well, but don’t let that fool you—things are still a mess. One company that should do well during this time is Argus Information & Advisory, a company based in White Plains, NY. They “assist financial institutions in making marketing and risk management decisions.” That’s going to be a big business for years to come. I’m just hoping that bad advice from Argus wasn’t part of the reason we ended up where we are. Whether that’s the case or not, I imagine that the demand for services that help “manage the tradeoffs among price, product, risk, and customer behavior along the customer lifecycle to increase profitability” will be in high demand. Continue reading about Argus Information & Advisory…
I love boring businesses. It may not seem like it considering the fact that I’m often featuring startups that are on the cutting edge of technology, but I really do appreciate when a company is able to take an extremely simple idea and make it profitable. Uline is a perfect example. They are a Waukegan, IL based company that considers itself “the leading distributor of shipping, industrial, and packing materials to businesses throughout North America.” It all started in 1980 when Liz and Dick Uihlein identified a need for a local shipping supplies distributer. They started the business in their basement with the H-101 carton sizer, and now they have a product line that fills a 452 page catalog. That’s a lot of growth, and I expect it to continue as e-commerce and the shipping that results from it keep expanding (I have about a dozen boxes in my apartment from various holiday season shipments). And if for some reason the shipping business does slow down, Uline can always reorganize as a producer of forts for children—I always loved playing in cardboard boxes. Continue reading about Uline…
If there’s ever a time for retail stores to be firing on all cylinders, it’s right now. Consumers are often very sensitive when it comes to making purchases, so it’s no surprise that a substandard retail experience can cost companies money. It may be an employee with a rotten attitude or a poorly laid out store. It could be that the employees are uninformed about the products that they’re selling or they may not be offering the promotions that they should be. Whatever it is, Louisville, CO based Market Force Information will find out. They’re “the leading customer experience information and insights partner for multi-location businesses.” Through their “integrated suite of mystery shopping, direct customer feedback, on-site merchandising and analytics services,” they can tell a company why one of their stores is underperforming or identify ways that all stores can improve. Continue reading about Market Force Information…
Remember that time that you predicted the walk off home run during the baseball game or the fact that your friend would get back together with his girlfriend for the 7th time? Of course you do. It was proof of your psychic abilities. Remember the time that you made a similar prediction but were wrong? Of course not. When you only count your wins and not your losses, it’s easy to have a perfect record. Politicians take advantage of this all the time. The truth is that there aren’t a lot of people out there who are good at predicting things, whether it’s weather, the economy, sports, or any number of other things. Nouriel Roubini may be an exception. He could be insanely “lucky” with the fact that his descriptions and predictions of the current financial crisis were dead on, but you have to give him credit for the amount of detail included in his predictions, like when he said “the United States was likely to face a once-in-a-lifetime housing bust, an oil shock, sharply declining consumer confidence and, ultimately, a deep recession.” He’s very obviously a brilliant guy, and he’s also the founder of New York City based Roubini Global Economics, a company that provides “a uniquely tailored look at the logic of the global economy” for its clients. Continue reading about Roubini Global Economics…
Happy Friday the 13th! If you let your belief in bad luck and superstition affect you on a daily basis, then you’re setting yourself back in the internship search. It really won’t do you any good. With that said, there are millions of people who suffer from paraskevidekatriaphobia—the fear of Friday the 13th. One of the biggest symptoms of this phobia is an unwillingness to travel on Friday the 13th. There’s some debate as to whether this actually has a significant effect on the travel industry, but I’ve heard that you can get pretty good deals when the 13th day of a month falls on a Friday. Since I’m not a big fan of superstition—especially when it comes to the internship search—we’re going to fly in the face of paraskevidekatriaphobia and take a look at internships with Orbitz Worldwide. If you don’t already know, they’re a Chicago based online travel company. In late 1999 they were formed through a partnership between 5 major airlines—Continental, Delta, Northwest, United, and American—to compete with Expedia and Travelocity. Continue reading about Orbitz Worldwide…
I remember being in middle school and deciding that I wanted a drum set. I already had a snare drum, but I knew that a full set would be much cooler. My mom bought me a copy of the Bargain News, a local paper full of classified ads, and helped me pore over the listings in search of a drum set. That’s certainly a relic of the past, but classified ads are far from dead. They’ve just moved online. You’re probably most familiar with Craigslist, and maybe you’ve considered using Facebook Marketplace or something like that. What you probably didn’t realize is that there is still a huge business behind classified ads. Take Chicago based Classified Ventures for instance. They’re another Inc. 5000 company, and they’ve increased their revenue from $146.7 million to $297.5 million over the past three years. They’ve done this with four distinct businesses: Apartments.com, Cars.com, HomeGain.com, and HomeFinder.com. You’ve probably noticed at least one of those sites before, which is exactly what they’re looking for. Continue reading about Classified Ventures…
I guess it’s a little awkward when you find a company that immediately makes you think of a very similar, more successful company. In this case, when I came across ideeli, I immediately thought of Gilt Groupe (which we covered a while back). Both are New York City based startups that offer online sample sales that give shoppers the opportunity to buy luxury goods—mostly clothing and accessories—at serious discounts. According to Wikipedia a sample sale is “used by retail businesses in order to discard excess merchandise.” That’s exactly what these companies do, but they’ve moved the entire process online (which is way more efficient). Both sites require invites to get in on the deals, so if you want to try ideeli click here and if you want to try Gilt Groupe click here. Although I haven’t made any purchases on either of these sites, my girlfriend Amy loves this way of shopping. There’s the element of surprise, because you never know what you’re going to find, yet you still get to enjoy the ease of shopping online. Continue reading about ideeli…
