collegiate + custom-tailored internship program

hello clients, prospective clients, and business alliance members.  you probably hear much about succession planning and blueprinting your exit strategy.  keep listening because it always remains a wise investment.

in mendez & co. financial counselors, we have begun a collegiate + custom-tailored internship program.  the collegiate definition gives away the idea, but how many college internships can you consider customizable?  our internships have a hand in their own development from day one, destroying command and control business ethos. 

we discuss our psychological profile.  our current intern, ilia dolaptchiev, has a general jungian typology istj, the examiner, but my typology revolves around enfp, the visionary.  we balance our strategic and tactical activities with our complimentary, natural psychological profiles.

...and yes, it takes patience and hard work on both sides.

psychological matches will become more difficult as our independent practice builds upon its human capital; however, instituting consistent practices with our collective ethos will ensure sustainable organizational development, value creation, and impact opportunities. 

our internship program fits directly into boosting our overall independent practice enterprise value.  our human capital investment serves as a foundational piece with our efficient fee-based consultative revenue model.  combining the two processes creates significant synergy and value.

consultative fees remain our target revenue source since the client acquisition process involves deeper human relationships on trust and confidence.  focusing on obtaining retainer based fee income creates a deeper client bond, in my professional opinion, relative to transactional income.  transactional income can create unusual behavior and reputation losses because participants can place profits over multi-generational human relationships.    

we could argue about the revenue model all day, but without question, our clients like it and have begun to expect it.  our model allows easier cash flow present value calculations to vet out enterprise value.  building multi-generational human relationships requires judicious, consistent care.

earning planning certifications and additional licensure would create additional cash flow opportunities, where otherwise not billable; moreover, valuation will help an additional principal value his stake and purchase ownership interests.

as the business model evolves, its revenue model will maintain a balanced mix of fixed and variable revenue sources.  the business model choice though will maintain human capital by focusing on people, planet, and profits.  profits come last.

you cannot ignore profit but why compromise enduring value with unsustainable shortcuts?  your collective mental profit will drive the process behind blueprinting your exit strategy, envisioning your legacy, and your designing your pension.  unscrupulous means do not justify noble ends.

both eastern and western histories have shown that a short-sighted profit agenda results in shorter civilization shelf-life.  we must measure our progress against our collective history over the last 10,000 years, when we began gathering around fresh water fertility.  our current human civilizations remain on a collision course with fresh water depletion, population growth, and personal vanity.

looking at the hardworking medieval merchant class serves as fantastic proxy.  during the 1500's, the world endured rapid technological change, chaotic social upheaval, and massive killings through disease and war.  we remain on the cusp of something fantastic and absolutely so fulfilling, but only with a similar multi-generational legacy approach.

when you can work alongside your own employee partners and tap together your collective mind, you create human capital energy.  well-honed, creative, independent-minded energy remains elusive, intangible, and always for sale.  its implicit value far exceeds resource and financial capital due to infinitely valuable options.

our independent exit strategy + legacy + pension practice instructs our collegiate interns to maintain the following core principles:

a) social entrepreneurship

we operate our consultative practice with an independent mindset imbued with social entrepreneurship.  if you have never heard of the concept or need more insight, check out this foundation's website:

http://www.skollfoundation.org/approach/

our organization does not financially support or receive any compensation from this foundation or the linked website's legal owners.  they have a good idea though.

b) mobile entrepreneurship

our independent mindset embraces mobile entrepreneurship.  our rapidly evolving business environment with nimble technology applications facilitates international commerce on a scale not seen for many, many years.  we can balance people, planet, and yes, profits this time around.

locking yourself into one geographic or linguistic environ confines your business enterprise impact and your mindset.  a prior recorded thought nails the concept well:

http://menco-finco.blogspot.com/2012/03/truly-global-client-experience.html

c) decentralized structure

my prior experience prevents me from practicing command and control military governance over business affairs.  we have daily 360 degree reviews between principal and intern, and yes, sometimes you hear things that you would rather avoid.  a nimble player keeps positive energy and dialogue going, achieving breakthroughs not dreamed up yet. 

interns can earn up to 10% on new retainers without any additional servicing or clawbacks.  we mutually agree on the bonus rate during internship since it remains a practice line item off the top.  our focus remains consultative driven with a multi-generational approach.

nimble human capital management requires quick action and deep preparation.  we do not allocate our human + financial capital resources to positions not involved in revenue generation.  why create a bureaucratic organization with cronies, goombas, and rude free loaders?

thank you ilia dolaptchiev for your ambition, your efficiency, your courtesy, and most importantly, putting up with my boundless personality.