one fine hire pitch deck
DESCRIPTION
One Fine Hire is a marketplace that connects employers and freelance recruiters. We help employers recruit better talent, faster and cheaper than traditional staffing agencies by having recruiters competitively bid to recruit for a job.TRANSCRIPT
Carl EhrnroothFounder
https://angel.co/one-fine-hire
2
Carl Ehrnrooth
Every company wants the best talent.
However…• Job sites attract unqualified candidates.• Small-Midsize companies don’t have recruiters.• Recruiting agencies are expensive.• Difficult to find good recruiters.
Currently…• $20B recruiting services market
Problem
3
Carl Ehrnrooth
Online marketplace that connects employers with freelance recruiters.
• Employer Posts Job• Recruiters Competitively Bid• Recruiter Submits Top 3 Candidates
Solution
4
Easy To Use
Interface
5
Detailed Job Description
6
Recruiter Profiles
7
Post Job
8
Post Job
RecruitersSubmit
Bids
9
Post Job
RecruitersSubmit
Bids
Receive Candidates
10
Contact Candidate
11
Schedule Interviews
Contact Candidate
12
Schedule Interviews
Contact Candidate
Make Offers &
Hire
13
Flexible Work For Recruiters
Earn $$$ When
Candidate Hired
14
Carl Ehrnrooth
Launched Late March 2013
• First 10 Employers• 200 Recruiters
Traction
15
Carl Ehrnrooth
Charge 5% Commission / Hire
Estimate• 10,000 Recruiters (6% Recruiters)• 10 Hires / Year for $100K Jobs• Avg. Recruiter Fee 10% - 15%
• 100,000 Jobs / Year• $1.25B Transaction Volume
$500M Revenue
Business Model
16
Carl Ehrnrooth
Market Size $60B+ US Recruiting Industry(Total Available Market)
Recruiting Agency Spend (Addressable Market)$20B+
150K Recruiters in US
17
Carl Ehrnrooth
CompetitorsRecruiters
Candidates
Products Services
18
Carl Ehrnrooth
• Network EffectsEmployers -> More Recruiters -> More Employers
• Recruiter Lock-InReputation & Metrics Tied To Platform
• Product ExperienceBetter Hiring Process For EmployersAccess To Better RecruitersLess Costly Than Agencies
Competitive Advantages
19
Carl Ehrnrooth
EmployersStart in San FranciscoDirect Sales OutreachSelf-Serve Platform
RecruitersOutreach / Events / ConferencesWord of MouthViral Referral System
Marketing & Distribution
20
Carl Ehrnrooth
Team • Carl Ehrnrooth• Founder
• LinkedIn Business Ops. & Strategy
• Alex Collazo• Lead Engineer (Pending)
• Computer Engineering Graduate
• To Be Hired • Community Manager / Recruiter
• To Be Hired • Business Development Associate
21
RAISING
$500K