Businesses providing Job Search related services are existing for many years, and still they are growing fast. Most of the Job Search related businesses are earning good.
So, People are starting lot of Job Search Sites to utilize this opportunity. But not all Job sites will be successful. But still they were able to get significant Customers (Employers and Job Seekers), and they too run with significant profit. It proves the huge potential of the Job Search related business. But it is having huge competition too because of the huge earning potential.
So, it is necessary to develop a job portal which can provide unique benefits to both Employers and Job Seekers.
Few years back, I came to know about the automatic resume submission concept when one of our clients asked me to develop a script for automatically posting Candidate Resumes to few job sites by showing me a successfully running similar web portal. I was surprised to see the huge potential of this concept. We worked hard to develop such script. It is NOT easy task. We faced lot of challenges. Finally we were able to develop such script for posting Resume to few sites. Anyway, this project was not successful as our client was busy with some other projects, and he didn't promote it.
So, after few years back I had decided to continue this project by ourselves, and improved the scripts further. And, launched our own job website using this developed script. And, I sold the website to a person who showed interest to buy the site. But unfortunately he didn't maintain it. (I think he did it just of suppressing the potential competition)
Then I decided to sell the script alone as many people wanted to buy them. I sold few copies of the script. But these Script buyers too didn't utilize it as they don't have enough budget/plans to maintain the script.(This script requires regular maintenance as the Job sites will be getting updated)
I had learnt below things by experimenting various options.
- Automatic Resume submission Service is in High Demand as it helps all parties (Job Seekers, Employers, and existing Job Sites) involved in the Job market.
- Competition is very low for this kind of services. Because it involves lot of challenges to develop the script. (We already overcame these challenges).
- It has Huge Earning Potential because it won't require much effort to process the service. Most part of the Sales price can be converted as profit.
- Though it is having High Demand, Low Competition and Huge Earning Potential, it is NOT easy to be successful in this business.
Now, let us see what prevent us from making profit from this business and the ways to overcome it.
This business requires two main things. One is, developing/maintaining a script and monitoring/checking the resume submission. Second is bringing the target visitors (job seekers) to the websites.
All these failures occurred because of mismatch between these two things.
So, I came up with a new plan to overcome this thing.
i-e I am planning to setup Joint Venture to start resume submission service.
I believe it will solve the issues and both parties can get profit from this model.
From our Side, we can develop the script, maintain the script, oversee the resume submission process. I am expecting the other party to invest some money to bring the visitors. And, if they are experts in marketing they can take steps to bring the visitors. Or, we can do SEO and PPC campaigns if we get enough budget. They need not invest much, small initial investment is enough to start the process. And, we can share the profit of each sales. (Major profit to the investor, and minor part to me for overseeing the resume submission. Or the investor can get full profit if they are willing to pay hourly bill for our efforts)
If you are interested, you can contact me (email@example.com) with your investing plan and with your profile. Right now, I am planning to get only one business partner. So, send the details (e.g your past projects/investments, LinkedIn profile) about you so that I can choose the best suitable partner.
NOTE that right now this script works for US job sites only. If you have plans/potential to sponsor for developing similar script for other countries too, then mention that while sending your details.
You may watch these videos.
Feel free to contact me if you have any question. And, we develop/promote few other sites (e.g TheQuotes.Net) also. If you have any plans of joint Venture for our other Sites, you can contact me with your plans.
And, note that all these years I am running all our projects with self investment only. First time I am providing this Joint Venture offer.
I have few other plans too. For example, if I get investor, we can develop our SEO Tool further to make it as Online SERP tracking tool which is profitable business model. Similarly we make use of our Timesheet script to provide online timesheet service.
And, we can do any kind of php/mysql script development/updation at affordable hourly price. We do SEO and social media promotion also. And, we plan to do Software Testing also. Contact me if you are interested to use these services at affordable price.
Read this blog post if you are interested in investing in our Quotes website.
Visit our website at QualityPointTech.Com
Update: One of the potential investor asked the question "What does this entail?". I had send below reply.
And another potential investor had asked the question "And what will be the minimum capital to be put up for becoming a partner?". I had send below reply.
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