We have over 90 million unemployed
people in the U.S. who have given up looking for work and many more millions
who have exhausted their long-term unemployment benefits. Now the unemployed have
an ally: Glassdoor. Glassdoor shows you which
companies are hiring, with over 6 million reviews of companies and what it’s
like to work there. Since finding a job can be helped by your connections, you
can see who you know at a particular company based on Facebook or other social
media. It’s all in one place on their website and there’s a mobile app for iOS
or android.
Here’s a specific example: BuildDirect's Glass Door page.
The site has five reviews currently, along
with tabs for Overview, Salaries, Interviews, Jobs and more. As you scroll down
the page, you’ll notice the recent news section.
Suppose the idea of working for
BuildDirect is appealing or you just want to find out more information, you can
then go to BuildDirect’s
Crunchbase page. This page describes BuildDirect or any company in the
database. Crunchbase gives you the names of the officers, the social media
links, recent news and anything else the company wants you to know to make a
decision to apply. I found the video by the CEO describing his company very
enlightening.
BTW, BuildDirect took a
look at the channel for the construction industry. The channel starts with the
manufacturer, then the wholesaler, the distributor, next is the retailer and finally,
the contractor or end user. The industry
consists of thousands of manufacturers all over the world each with its own
marketing and sales departments, spending money on trade shows, advertising and
agents.
BuildDirect thought that
was a very inefficient and devised a new business model where they become the
front office, so to speak, for the manufacturers. BudgetDirect would be doing
the marketing, sales and order fulfillment. It’s an intriguing model and has
been receiving considerable venture capital interest. This new model could
increase the profit margins for manufacturers and lower costs for consumers.
Something I’m all for.
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