Tuesday, January 16, 2007

Welcome

Welcome to "From Prospect to Prosperity." This blog chronicles my quest to create a useful, relevant, and--hopefully--profitable website that fulfills an unmet need. This unmet need is the practical application of free-market theory and the notion perfect information as it relates to a particular sector of the job market. In this case, that sector is professional networking among job applicants and those who work for companies who offer referral bonuses for new hires.

If all this sounds like gibberish, here it is another way:

Referral Union is a professional networking site that seeks to match up those applying for jobs with those currently holding positions at companies that offer referral bonuses for new hires.

The benefit to applicants and current employees is significant:

Applicants: Because they are referred by an employee already working at the company, the applicants have an inherent advantage over those applying by other methods.

Current Employees: The current employees receive a cash reward from their employer for referring a qualified applicant; further, the employee is seen as taking a larger, proactive, role in his company.

This way, current employees can proactively seek out potential applicants and take charge of the bonus system in a more efficient manner. Instead of canvassing all your friends for potential applicants, current employees will have a vast database from which to choose.

Further, applicants get the inside track to the application process, skipping over the inefficient HR behemoth and going straight to the source, ensuring at least SOMEONE looks at their resume.

Welcome to the blog, and please check back for regular updates. In the world of e-commerce entrepreneurship, things move quickly...

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