The opportunity to sit around and discuss creating a business is something that I am ready to do 24 hours a day. David Manaster has displayed the same love of the game. It’s our plan to open up and engage those who join us in an out of the box open discussion on what the next 250 trillion dollar recruiting business will be. We are accepting blind offers of investment but only for the next hour.
The rise of citizen journalism has changed media consumption forever by placing publishing tools and at least the potential for a large audience at the disposal of every person with Internet access. Instead of three broadcast networks, hundreds of cable outlets, or thousands of magazines, we now have millions of individuals, all contributing in their own way, creating and consuming their own media.
(Which is not to say that they have stopped consuming the old media – according to Ad Age the combined revenue of the top five media companies in the United States was $98 billion in 2005.)
The Opportunity:
In an environment where people have more and more choices every day about where they can get their information about their lives, and specifically their careers, there is a real opportunity to utilize new technologies and patterns of media creation and consumption to build a business that:
- Identifies all the people who have the skills to work for you.
- Manages an ongoing relationship with each and every one of these people in order to make sure they are aware of your needs.
- Delivers a real reason for these candidates (everyone is a candidate) to keep coming back which of course must be for reasons other than just new jobs.
We believe that there is an opportunity to build something real here.
The Problem:
Q: What’s worse than 100 resumes on your desk?
A: 1,000 of them.
The Internet has been a blessing and a curse for recruiters.
The blessing: We now have an entire planet full of qualified professionals just a mouse click away.
The curse: We are also just a mouse click away from an entire planet full of unqualified individuals.
With a single click, any person anywhere can send us their resume. Hundreds, or even thousands of applications for a single position are not uncommon, and usually only a very few of those applicants are qualified for the position at hand.
It’s difficult to focus on the truly important tasks of building a workforce if we are constantly wading through a mountain of paperwork, and recruiters have consistently been unhappy with the existing solutions.
This sounds like it needs tackling doesn’t it?
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