Summer internship: the first week

It feels like yesterday I was searching for internships for summer. I wonder what it was that captivated me about Rapid Innovation Group- perhaps it was the use of “entrepreneurial” in requirements. Knowing me, it was probably “keen sense of humour”. Both haven proven to be true of the working atmosphere.

It’s the beginning of day 5 at the office and here I am, writing a blog about my first week here. Truthfully, it already feels as if I’ve been here much longer than that. Upon reflection, I’ve realised just how comfortable I’ve felt in the office; there was no “settling in” period- completely contrasting with my experience of living in London for the first time, where I think my settling in period may last indefinitely!

Since day 1, I’ve been completely integrated into the team. Peter spent a couple of hours giving me an overview of the work Rapid Innovation Group does and introducing me to an Agtech company I’ll be working on with him. Immediately, I was invited into meeting calls. On meeting calls this week, I must admit I’ve been happily surprised when referred to as a “colleague”, not simply an intern. This week I’ve mostly done market validation work in the agricultural sector: it turns out that a love of mine, spinach, may not be so good for you after all as it’s especially prone to absorbing carcinogenic heavy metals from the soil. Bad news for salad lovers out there.

However, alongside this I’ve experienced a very steep learning curve and an ever-increasing workload. On my first day, it felt like I was learning a completely new language: acronyms, business-style talk and the specific vocabulary of the sector I was working in. This is where I feel I fit in well to the small-business entrepreneurial culture: whereas plenty of people would feel intimidated or overwhelmed by this, I’m finding the challenge thrilling. The ambitious and driven side of my personality has been fully grasped by working here. What is very interesting and unique about Rapid Innovation Group is that, in a team of generalists, each person will also develop a detailed knowledge of a specific industry for a client not afar from expert level. We must learn to adapt very quickly to new situations. With my next task being market validation of the baby food global market, perhaps I will be the office expert on baby food. Not quite as exciting as renewable energy solutions, but important.

Studying Biochemistry at university gave me a good background for the AgTech/ Biotech work, however when Simon introduced a FinTech company in the field of Instant Payments, I found myself thrown into the deep end of banking, CSMs, RT1 and investment. I knew very little about investment, however Simon taught me a solid background in the field and now I know about pre- and post-money valuations and the golden “10x” figure that investors chase after. Here I feel I’ve got to introduce a slightly corny link- my mentors here have invested in me a lot this week (though they assure me it’s for their own future gain).

 

I’m looking forward to getting to know the team members more and find out about what they’re working on, as well as learning more about a wide range of industries. They’ve got the balance right here: smart and knowledgeable but ready to seek advice, hardworking but can still have a laugh throughout the day. Let’s see what the next 7 weeks brings…