20 Reasons Why Student-Athletes Should Get Internship Credit for Starting Their NIL Businesses
Don Philabaum
Entrepreneur, career and professional development author, speaker & expert on the use of technology, Meta, AI. Passionate about emerging NIL industry supporting student-athlete career success!
As you know, student-athletes dedicate more time to their sport—between practice, weight training, video review time, strategy sessions, and games—than the average student spends in part-time jobs AND internships!
With NIL, their workload increases even more.
Student-athletes are now essentially running their own businesses. They’re learning branding strategies, mastering social media, building and engaging an audience, and marketing themselves to businesses, brands, sponsors, and advertisers—while managing their business cash flow and finances.
Isn’t this an internship?
NIL is still in its early stages, and many haven’t fully considered the fact that student-athletes are essentially creating their own internships by building their personal sports branding businesses. This isn’t just about posting on social media or wearing a brand’s logo—it's about managing all the responsibilities that come with running a business. These athletes are learning invaluable skills like marketing, negotiation, branding, and financial management, often with no formal training. They’re not just competing in their sport; they’re becoming entrepreneurs in their own right.
We think this deserves more attention.
But to fully recognize these efforts, we need to examine why athletic departments, career centers, recruiters, and student-athletes themselves should take this idea seriously. The entrepreneurial journey student-athletes embark on shares many of the same characteristics as traditional internships—if not more. They’re gaining real-world experience in business strategy, building partnerships, and managing public personas.
The industry stands at a pivotal moment, where it must reevaluate how it supports and values the distinctive learning experiences student-athletes acquire through their involvement in the NIL era, and determine if these experiences merit internship credit
To get us thinking about this, lets see if we all agree on what an internship is.
So what is an internship? ?
Internships were developed as a bridge between academic learning and real-world experience, providing students with the opportunity to apply their knowledge in professional settings. For companies, internships serve as a valuable recruitment tool, allowing them to assess potential talent while benefiting from fresh perspectives and energy that interns bring.
Meanwhile, students gain hands-on experience, develop critical workplace skills, and build professional networks that can help them secure future employment. Internships create a win-win situation where companies gain access to eager, developing professionals, and students enhance their resumes with relevant experience, making them more competitive in the job market.
Here are five generally agreed upon outcomes and expectations of an internship.
Career Centers, College Recruiters, Athletic Departments, and Student-Athletes Benefit!
Granting internship credit for student-athletes who build and manage their NIL businesses offers a range of benefits across the entire college ecosystem. Lets drill into specific benefits for:
·???????? Career Centers
·???????? College Recruiters
·???????? Athletic Departments
·???????? Student-Athletes
领英推荐
Three Reasons Why Career Centers Should Support Giving Student-Athletes Internship Credit
Three Reasons Why College Recruiters Should Support Giving Student-Athletes Internship Credit
Three Reasons Why Athletic Departments Should Support Giving Student-Athletes Internship Credit
Three Reasons Why Student-Athletes Should Support GETTING Internship Credit
If everyone is in agreement, let's spend some time to determine how the industry can adopt this strategy?
While it's clear that student-athletes gain valuable skills through their participation in athletics, career centers and athletic departments may hesitate to offer blanket internship credit simply for being part of a sports team.
To ensure that credit is earned and that the experience truly mirrors the learning outcomes of a traditional internship, extra requirements could be introduced. These criteria would allow student-athletes to demonstrate the depth of their experiential learning and showcase the specific skills they’ve gained through their NIL ventures. By setting standards for evaluation and requiring athletes to reflect on and present their growth, colleges can maintain the integrity of the internship credit while rewarding student-athletes for their real-world business experiences.
To get us thinking out of the box, let’s look at five ways student-athletes could be “judged” as gaining the traditional internship experiences identified above.
To offer credit or formal recognition for NIL-related internships, career centers could implement the following assessment strategies:
Conclusion: Team Sports and Creating an NIL Brand as a Legitimate Internship
Ultimately, student-athletes developing and managing their NIL brands are engaging in many of the same activities as students in formal internships.?
They’re gaining real-world experience, developing professional skills, and managing a “startup” business while still in school. By recognizing this as an internship, we not only validate the hard work and dedication of student-athletes but also ensure that they are adequately prepared for life after sports.
Given these realities, career centers, recruiters, athletic departments, and student-athletes themselves should see the immense value in formalizing NIL as an internship. By doing so, we bridge the gap between athletics and academics, offering student-athletes the recognition and opportunities they deserve for their entrepreneurial efforts.
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Exemplify founder. Athlete advocate. 2024 Halloween Costume Contest Runner-up.
5 个月This is an interesting concept. You specifically mentioned internship credit, but could it be beneficial to align their academics with NIL strategy? They could essentially get "On the job" training if their course work was tied into NIL activities.