Category Archives: Job Boards

080924 Great Job Board 2

(Sep 24, 2008) When I talk to my kids about finding a job, I tell them to avoid using job boards. While job boards can be helpful in a job hunt, it’s easy to fall prey to the belief that they are the only thing you need to do. Being busy doesn’t mean that you’re productive. Looking through job listings and sending resumes is not the same as finding a job.

Finding a really good job requires you to know what you want. That means doing some very hard work and self-assessment. Research into the market and research into yourself are the first steps in a really successful career.

Jobs are transitory steps in a larger context.

When the online job board industry was in its formative stages, the newspapers did a lot of studying. One of the interesting discoveries of that early work was that classified ads have different value to different constituents. HR Departments and Recruiters believed that a significant percentage of their jobs were filled from classified ads. Job hunters, on the other hand, had the opposite belief.

Both things are true. Classified ads (job boards) work for Recruiters. They don’t really work very well for job hunters. If they worked for candidates, we’d be buried in testimonials. Can you recall ever seeing a candidate testimonial?

As a result, money pours into the employer side while the candidate side remains weak.

Craigslist is an interesting case. Since Craigslist insists on direct communication (without resorting to a database or a filter) between buyer and seller, candidates do find work. The anecdotal information is that both sides of the transaction find similar value in the simple Craigslist approach.

Candidates are generally better understood as lifetime customers while employers are transactional. For professional niches, this means that more career information is a good thing. Professional associations are uniquely suited to deliver real value to both sides.

In the long haul, job boards are businesses, not philanthropies. There will always be a strong drift towards the cash (employers) even though the inventory (candidates) are the source of any real wealth.

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080923 A Great Job Board?

(Sep 23, 2008) Jason Davis started a great conversation over on RecruitingBlogs.com. Take a look at "Building a successful Job Board". Like most discussions that try to generalize about a big idea, you run into trouble quickly on this topic.

Success is one of those ideas that is entirely in the eye of the beholder. Often, my definition of success is your definition of failure. Here are some examples of the question that get closer to the heart of the matter:

  • What’s the easiest way to make $100,000/year in the job board business? (a geographic niche)
  • What’s involved in building an enduring institution in the job board space (hint: see TaxTalent.com)
  • Can I build real wealth in the niche job board business? (hint: see RetirementJobs.com)
  • How many viable job boards will there be? (a million? more?)
  • What’s the best way to make a small fortune in the job board business? (Start with a large one.)
  • Will there always be room for a craigslist in the market? (probably, they’re not really international yet)
  • What is the role of technology ion a job board? (Sucking up the entrepreneur’s money)
  • Build or Buy? (Buy)
  • Won’t assessment change everything and make job boards like eHarmony? (sure. They’ll feature competitive videos of candidates singing "Kumbaya")

There are huge fortunes yet to be made in the job board business. Really.

Expect to see Jobing.com become the role model for the next wave of entrepreneurs. Although their technology is passable, the meaty difference is organizational design and market strategy. With a clear and sustained focus n the local market, Jobing sets a standard for giving both sides of the Recruiting Equation (employers and candidates) more value than they should expect.

With increasing regularity, job boards will be tied to the shared interests and communication styles of specific subsets of the market. Local areas are a smart target, There’s a ton of room for professional job boards in specific regional niches.

It’s somewhat surprising that there aren’t big job boards for Parrot Heads or Dead Heads. The non profit sector is exploding and no entrepreneur has really figured the area out (Jobing does interesting stuff with local non-profits in the cities they serve.)

Expect the job board conundrum to continue. Theorists will argue that the model is broken. Entrepreneurs will then continue to make money in spite of the theory.

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080918 Daily Links (Sep 18, 2008)

  • Thought For The Day: We are in this position as the result of the unintended consequences of some very good intentions.
  • Hcareers Launches Exclusive Partnership With CorVirtus
    Another job board/assessment technology arrangement. Assessment is voodoo and doesn’t really work very well without a deep investigation of the actual culture of the company. The market is grasping at straws as many tiny competitors try to differentiate their services.
  • Diverse Careers, Inc. Announces San Diego Career Fair
    The big question is why career fairs are blossoming as the economy stutters. Shouldn’t it work the other way? Or, is it that career fairs sell candidates and there is more inventory in a down cycle?
  • Frameboxx Partners CreativeHeads
    CreativeHeads positions itself as "conduit that will facilitate communication and the rapid exchange of information between Employers and Jobseekers." Focused on the creative disciplines (art, animation, graphics, game design and so on), the operation includes a network of 28 job boards! This partnership introduces the service to an Indian educational institution that is training animation workers for slots in Asia.
  • RiseSmart CEO Sanjay Sathe Offers Eight Tips to Raise Your $100K+ Job Search from the Dead
    "RiseSmart is a human-powered job-search site that prescreens online search results for time-starved managers and executives seeking $100K+ jobs. The RiseSmart Concierge team matches opportunities with jobseekers based on each member’s unique profile, freeing senior-level professionals to focus on networking or the demands of their current jobs."
  • 9 Sites for Successful Job Interviews
     
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