Budgeting for Internships

Why Mark Cuban and venture funds invested $40M+ in this VR company

The missing piece of VR just got solved. Virtuix's omni-directional treadmills let players walk, run, and jump in 360 degrees inside virtual worlds—and the U.S. Air Force is taking notice.

With their consumer product, Omni One, now shipping and military training systems in development, Virtuix isn't just changing gaming—they're aiming to revolutionize how we train, exercise, and experience virtual reality.

• 📈 $18M+ in sales with 3,000+ Omni One preorders worth $7M+

• 🌱 Quarterly revenue grew 4x in the past fiscal year

• 🎖️ Developing VR training systems with the U.S. Air Force

• 🏆 32 patents (24 issued, 8 pending) protecting their breakthrough motion technology

• 🤝 $40M+ raised from investors including Mark Cuban, Scout Ventures, and Maveron

"Omni is a key piece of VR that's been missing." —Mark Cuban

Managing Your Money During Your Internship

When I was an intern myself, managing finances was a real challenge. Whether it was transportation costs, professional clothing, or even lunch with coworkers, expenses added up quickly. Later, as an entrepreneur hiring interns, I made sure to offer financial tips based on my experiences. Here's how you can budget wisely during your internship:

1. List Your Expenses Clearly: Begin by outlining everything you'll need: rent, transportation, meals, professional clothing, and unexpected expenses. Understanding your costs upfront helps manage your funds more efficiently.

2. Create a Practical Budget: Use budgeting apps like Mint or YNAB to track your spending and income clearly. Knowing exactly how much money you have each month helps you stay in control.

3. Plan for Emergencies: Always have an emergency fund, even if it's small. You never know when unexpected costs like car trouble or medical expenses may pop up.

4. Leverage Student Discounts: Utilize every discount available to students. Services like Spotify, public transit, restaurants, and even clothing stores often offer student discounts.

5. Explore Funding and Scholarships: Check with your college to see if they offer internship grants or scholarships. This financial support can significantly ease your internship journey.

Budgeting isn't glamorous, but having financial clarity can dramatically improve your internship experience, letting you focus more on career-building opportunities.

Join SCALIS

💡 Still looking for internship opportunities right now? SCALIS connects job seekers with top employers who are actively hiring.

In this episode of Career Hack, Brandon Amoroso sits down with Kevin Johnson, Senior Talent Recruiter at Caylent, to explore the dynamic world of recruitment and career growth. With over 25 years of experience and a journey through explosive company growth, Kevin shares invaluable insights on building talent pipelines, leveraging AI in hiring, and the importance of networking for job seekers. Tune in to discover actionable strategies to stand out in today’s job market!

Here’s What You’ll Learn:

📈 How to scale hiring during explosive company growth

🤝 Why networking and referrals are essential for landing jobs

🤖 How AI is transforming the recruitment process

🎯 Key tips for standing out as a job seeker in competitive markets

📚 How to build experience and overcome entry-level barriers

🌍 Why building a talent pipeline is critical for recruiters and candidates

🎓 The power of internships and early career planning for success

Follow SCALIS on social to stay updated with early career opportunities and exciting new trends!