Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

Tropical MBA: Entrepreneurship & Founder Lifestyle

Episode 105: TMBA 105 (LBP95) – Hiring Interns Right From The Start

Mar 22, 2012
23:21

With Ian back stateside and Dan back in Bali, the guys have said goodbye (for now) to their time in the Philippines and are back to biznass.
This week, they are chatting about the re-launch of their lifestyle business site, Tropical Work Force. During their time chatting up colleagues and friends in the Philippines, they learned that many entrepreneurs were interested in hiring “interns” of their own to grow their businesses and share their knowledge with.
Having been through this process ten times now, Dan & Ian have quite a bit of experience helping people become location independent while working to grow their companies. Some of the experience is great and some…well…let’s just say they learned a lot.
Overall, they came up with 5 Tips To A Successful Internship

  1. Paid Vs. Unpaid – Put your money where your intern is
  2. Get a commitment – Make the gig full-time
  3. Give them space – Create opportunities for them to network and meet your peers (Apartment, Join you in your house, Dynamite Circle forums)
  4. Ride ’em hard – These folks aren’t your average employee, challenge them and believe you have something to offer
  5. Touch base – No one likes to be micromanaged, but you need to have open communication with your interns

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