0-5 seconds: Sum your business up in a sentence
MyNewJob.me provides comprehensive online job seeking support to the unemployed and an affordable alternative outplacement service for employers.
5-10 seconds: What's the business model?
A classic Software as a Service (Saa) in a market that hitherto has had an expensive time-based consultancy model. A cost per head subscription or an organisation licence provides unlimited access to enrolled individuals.
10-15 seconds: Who are your competitors?
Traditional offline outplacement providers, fear of the new and those who do nothing.
15-20 seconds: What's your USP?
We're comprehensive, always available, customisable and low-cost.
20-25 seconds: How have you funded it so far?
25-30 seconds: What were you doing before?
I was the founder and CEO of PSL, a psychometric testing company that pioneered the online assessment market.
30-35 seconds: Where did the idea come from?
A conversation with a recruitment consultant about the market combined with a familiarity with technology, business process automation and SaaS business models.
35-40 seconds: What's the smartest thing you've done so far?
Tailoring our product so that it helps Jobcentre Plus advisors support their unemployed clients.
40-45 seconds: What's the stupidest?
I spent three months thinking about the idea when I should have been busy building the business.
45-50 seconds: If your business was a biscuit, what would it be?
We'd be a cereal bar - they taste great and do good at the same time.
50-55 seconds: Which idea are you a bit jealous of?
Owners of great domain names; I was interested in the internet in the early '90s, but I didn't recognise the opportunity to register the many brilliant domains that were available.
55-60 seconds: Where are you going to be in 12 months' time?
We'll be the UK market leader in online career management and will be making progress with international expansion.
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