TED Talk Thursday

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I have been getting a lot of questions about specifics of the Competitive Effectiveness groups and the major project that you do during SBI. How it works is that students are assigned to a group and in that group you each choose a role to execute for the duration of the project. Positions vary from group to group, but the major and fairly consistent positions are someone to lead the group, someone to maintain the well-being of the group, someone in charge of technology, someone in charge of editing and writing and a few other positions. Each position is equally vital to the overall productivity and success of the group.

One thing that is really necessary for any and every role of the groups is leadership. Everyone has a different style, but each style inspire something to get done. With that in mind, I found this TED talk in which Simon Sinek identifies how leaders can inspire cooperation, trust and change, all of which are very important and necessary factors for the CE project.

Joke of the Day

Q:  What time is it when you have to go to the dentist?

A: Tooth-hurtie.

EVERYTHING YOU WANT TO KNOW: PART 3

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Hi Everyone- here’s part three of everything you want to know about SBI!

1. What is the daily schedule like for the summer?

Everyday, you will have classes from 9-4 with an hour long break in the middle for lunch. So you will have one class from 9-12 and then another class from 1-4. The schedule stays mostly the same from summer to summer, but I’ll tell you what my schedule was like so you have an idea. For the first week, we took Business Fundamentals in the morning and then had some professional development classes in the afternoon. Business Fundamentals is a one credit class, so we were done with that after the first week of SBI. Then we started Financial Management & Reporting (FMR) and Corporate Responsibility; one class was in the morning, and one was in the afternoon. Typically when you had a test in these classes, your test would be in the morning session  and you wouldn’t have an afternoon class. We took these two classes for about four weeks and then we started Applied Economics and Competitive Effectiveness (CE), which followed the same format; one class was in the morning and the other was in the afternoon.

2. Do you get any breaks?

We had a few days off for the Fourth of July holiday which was a much appreciated long weekend. Other than that you have some Friday afternoons off based on when tests fall so you get an early start to the weekend.

3. How do the groups for CE work?

The groups are randomly assigned at the beginning of SBI; there are many factors taken into consideration when the groups are made like majors, GPAs, class years, things like that, so that there is a wide distribution of backgrounds in each group. This adds awesome perspective when you are doing group work because everyone offers different insight. You do some work with your group the first few weeks of SBI, but will be doing a lot more when CE starts.

Joke of the Day:

Q: Why did the scarecrow get a raise?

A: He was outstanding in his field.

Ambassador Profile: Erik Koehr

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I am very fortunate that I was able to attend the Summer Business Institute last summer. It was one of the best experiences of my life. The format of the Summer Business Institute is designed to give participants the most value. Because of the condensed nature of SBI, the material was challenging, however lasting relationships were being fostered.

I have had the pleasure of meeting numerous brilliant and ambitious future professionals through this experience. It gave me the experience to explore new worldly perspectives, outside of engineering. I was able to learn valuable skills outside of my major which will be vital for success in the professional world.

I chose to become an SBI Ambassador because of everything that the Summer Business Institute has done for me. It has been a fulfilling and enlightening experience. The Summer Business Institute has shaped me into a more knowledgeable and marketable professional. Everyone should have the opportunity to participate in a program like the Summer Business Institute and one of the reasons why I became an SBI Ambassador is so that I can tell others about this incredible opportunity.

Motivational Monday

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Happy Rainy Monday Everyone! Hope your week has been off to a solid start so far!

So this weekend was a movie weekend for me- it was the first weekend I have had nothing to do so I did absolutely nothing. Among my nothingness, I watched tons of movies and my favorite movie I watched (and favorite movie of all time) was Miracle. Obviously we all know the ridiculously iconic speech, but I though it could be good motivation for this week.

One of my favorite lines from the speech is when coach Herb Brooks opens his speech to his team with “great moments are born from great opportunity.” While he was speaking about the fact that his team had earned their path for the Olympic Gold medal, I think it is an incredibly applicable line to everything, really. I don’t want to get too cheesy on you guys, but being students at Villanova is that great opportunity that we have been given and it is up to us to make great moments out of that. So enjoy this throwback and hopefully this gives you motivation for this week to make some great moments.

Joke of the day:

Q: Why did the cookie go to the hospital?

A: Because he felt crummy

Small Business Thursday: cinda b

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This week for the small business feature, I want to feature Cinda Boomershine who is the founder and CEO of cinda b. cindia b is a handbag and accessory company that Cinda started in 2004.

Cinda did not have a background in business, but was inspired to start her company in her home and now ten years later, it is a huge success. She has a degree in design from Vanderbilt University and eventually pursued an MBA and realized that there was a need for a different kind of tote in the market. The company grew out of her home as popularity began to increase rapidly. She decided to keep the company an American born and raised one and has kept all of the production and manufacturing here.

At this point, her products are all over the country in nearly one thousand independent boutiques and gift shops across the US and Canada. Here is a short video about her and her business.

Joke of the Day:

Q: How many tickles does it take to make an octopus laugh?

A: Ten-tickles

EVERYTHING YOU WANT TO KNOW: PART 2

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To contiune the segment I started last week, I have three more questions that people curious about SBI wanted answered. Again, reach out if there is something you’d like to know, but hopefully these questions answer some of yours.

1. What is the best way to study for any of the classes?

Just like your in year classes- it’s a person by person case with regards to the best way to study. However, most students during SBI reached out to other students and worked on homework and studied together. You are all covering the same material and some people might grasp the material differently than you did. So it is often really beneficial to help one another during those ten weeks.

2. Is it helpful to have any background in business?

It might be helpful, but by no means is it necessary. Quite a few people in my class had taken Econ in high school or were even Econ majors. So they definitely had a deeper knowledge base than I did coming in (I couldn’t tell you the difference between Macro and Micro economics at the beginning of SBI). With the other classes, many people hadn’t had exposure to the material. Again, if you do have previous exposure, it would probably help a bit, but you won’t, by any means, be behind if you don’t know anything.

3. Do teachers offer any extra help?

Absolutely. Every professor offered office hours everyday for students to attend for extra help. They were often available before and after class so that students had plenty of access to extra help. The program also offers FMR tutoring on some nights for extra help and practice. The program is really geared towards making sure people know the material and that they know it well.

Joke of the Day:

Q:What’s Brown and sticky?

A: A stick

Ambassador Profile: Nick Dowdle

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This past Summer I enrolled myself in Villanova’s Summer Business Institute, and it was one of the best life decisions I’ve ever made. I had always thought that the whole “invest in your future” thing was a little corny, but the skills and knowledge I gained at SBI have convinced me that the program is one of the best investments you can make. The classes I took, the information I learned, and the people I met all contributed to ensuring my success in the future.

I’m an Economics major in the Arts school, so the material I learned had a good deal of overlap that helped to reinforce the Economics I already knew. But at the same time, I learned a great deal of new material that will help me in the real world after I graduate. SBI taught me everything from what stocks will get you a good return on investment, to how products are effectively marketed to a consumer.

If I had to say one thing about students who are successful at SBI, it would be that they have a drive to gain knowledge. That’s one of the things I love about SBI. There is a love of learning present in the classrooms. If you want to be successful at SBI you have to have within yourself the drive that I feel most Villanovans have. That is the willpower to effectively and actively use your skills and talents to seek out and acquire new information in order to ensure your success in future endeavors. In that sense, students enrolled in the SBI program really do “invest in their future.”

I am very fortunate that I was able to attend the Summer Business  Institute last summer. It was one of the best experiences of my life. The format of the Summer Business Institute is designed to give participants the most value. Because of the condensed nature of SBI, the material was challenging, however lasting relationships were being fostered.

I have had the pleasure of meeting numerous brilliant and ambitious future professionals through this experience. It gave me the experience to explore new worldly perspectives, outside of economics. I was able to learn valuable skills outside of my major which will be vital for success in the professional world.

I chose to become an SBI Ambassador because of everything that the Summer Business Institute has done for me. It has been a fulfilling and enlightening experience. The Summer Business Institute has shaped me into a more knowledgeable and marketable professional. Everyone should have the opportunity to participate in a program like the Summer Business Institute and one of the reasons why I became an SBI Ambassador is so that I can tell others about this incredible opportunity.