How I Validated My Thought On Reddit And Constructed A $180K/Yr Job Search

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Hi there! Who’re you and what enterprise did you begin?

Hello guys! My title is George Avgenakis, and I’m the founding father of Loopcv. I began the corporate greater than 2 years in the past to automate my job search, and it grew to become viral on Reddit, serving to hundreds of customers.

Right now Loopcv is rising each single day!

Our platform now has not solely instruments for job seekers but additionally companies. Extra particularly, Loopcv provides options for:

  • Bootcamps that wish to assist their graduates discover a job
  • Universities which have a profession workplace and may use our platform to supply job suggestions
  • Profession coaches that supply our service to assist their shoppers discover job alternatives
  • Builders that use our API to get job search insights and supply our job search automation to their instruments and platforms
  • Recruitment corporations that use Loopcv as a lead era device to seek out corporations that match their pool of candidates and get in touch with them to shut the deal
  • Job boards and on-line platforms that use our Whitelabel product to create an extra income stream from their current viewers of job seekers
  • Associates (weblog house owners, newsletters, and many others.) that use Loopcv to generate profits from their subscribers
  • Firms that carry out inside restructuring and reshuffling and use Loopcv to determine the matching between new roles and current workers

We’re rising about 15% MoM, and we’re at the moment enhancing our enterprise options to assist companies that help job seekers!

loopcv

Supply: The Loopcv matchmaking and job search automation platform

What’s your backstory and the way did you give you the concept?

About 2 years in the past, I moved to Belgium (I’m initially from Greece, however I used to be pursuing my grasp thesis in Belgium at the moment). I used to be within the ultimate months of my grasp thesis, so If I want to discover a job after my working hours, I needed to spend time on this as effectively.

I used to be doing analysis for my grasp thesis for greater than 10 hours per day, and thus discovering the time and the braveness to look on-line, apply, and ship emails to corporations was a really tough activity.

I noticed that whereas there are a whole bunch of instruments for corporations (they’ll filter, match, choose candidates, automate emails and interview requests, and much more), there’s a very restricted set of instruments for job seekers to assist them mixture jobs in a single platform and apply on-line offering methods to check completely different CVs, get suggestions through the job search course of and assist them have a workflow as a substitute of switching between a whole bunch of instruments.

That is how all the things bought began!

I rapidly created a touchdown web page for Loopcv and began sharing my concept on Reddit. I bought a whole bunch of signups with a single touchdown web page, and folks began reaching out to me.

loopcv

Then I began in search of co-founders to construct the platform!

I used to be seeking to carry individuals with expertise constructing deep technical software program as a service product, microservices, and internet scraping options! So I began reaching out to individuals utilizing Linkedin! And eventually, I discovered my co-founder!

That is how a easy concept of simply automating my job search was the start line to create a collection of job search providers that serve each job seekers but additionally corporations that wish to automate their processes and discover the perfect match between candidates and jobs.

Once I first began publishing Loopcv on Reddit, I noticed that the demand for such a service was enormous (I used to be receiving a whole bunch of emails, and folks had been beginning to subscribe on my touchdown web page with out even having a product at that second).

loopcv

Take us via the method of designing, prototyping, and manufacturing your first product.

The primary model of the product was fairly easy. I created a quite simple script that collected jobs from Certainly and Linkedin (we had solely two platforms built-in at the moment), and I used to be utilizing Sendgrid to ship emails.

To seek out emails from corporations, I initially used Hunter, which was excellent as a place to begin (afterward, we constructed our resolution to determine the perfect e-mail in an organization to achieve out to). The primary product was designed primarily based on the preliminary discussions I had with early adopters! I constructed a easy Slack group, and we began bouncing concepts right here and there!

Our MVP was tremendous easy and had solely 2 inputs asking a person so as to add their desired job title and their location. It took about 6 weeks to be developed, and the UI was tremendous easy!

After our MVP, we launched a number of instances, enhancing the Machine studying mannequin, including extra performance to handle the job searches (loops), and offering statistics and suggestions to the job seekers about their job search progress!

Right now it appears to be like tremendous good:

loopcv

Describe the method of launching the enterprise.

I launched the enterprise initially on Indie Hackers and Reddit. I began posting in numerous job-related subreddits the place individuals used to hang around and focus on job looking and recommendations on getting a job sooner. Each time somebody was asking for assist with their job search, I attempted to supply assist, sharing my product hyperlink and asking for suggestions!

Attempt to accumulate all of the suggestions out of your clients however by no means construct all the things that they ask. It is rather necessary to focus solely on what is smart for your corporation and never for a single consumer.

That is the preliminary touchdown web page that we used to have at that second:

loopcv

These are the product screenshots from the preliminary product we launched after a month! We began seeing site visitors instantly, and folks began sending help messages and questions!

loopcv
loopcv

After a few months, we additionally obtained angel funding, and that is how issues began changing into extra critical! We discovered the investor via a European competitors after being accelerated for a few months!

Since launch, what has labored to draw and retain clients?

We began investing time and assets to enhance our website positioning and begin rating in Google for a number of key phrases.

loopcv

Now we have additionally been performing backlinking actions to get backlinks from high-authority websites.

We additionally did a few Lifetime offers on numerous websites resembling Appsumo, Dealmirror, and many others. This had two foremost benefits:

  1. We made lots of income rapidly.
  2. Loads of companies discovered us and began partaking with us, asking for numerous customizations of our resolution in order that they might use it for his or her enterprise case.
loopcv

To have interaction with our clients, we even have a number of e-mail sequences that educate our clients and supply insights about our platform.

We additionally joined a number of Fb teams and youtube channels to interact with the group members.

So to summarize, our distribution right now primarily focuses on:

  • website positioning (content material creation, hyperlink constructing, visitor posting): We researched subjects which can be associated to the job search, resembling interview suggestions, CV constructing suggestions, and many others.
  • Internet online affiliate marketing (we now have our associates program): We discovered YouTubers that speak in regards to the job search, and we supplied particulars about our associates program.
  • Social media (teams, posts, and group constructing): We principally used Reddit and a few Fb teams!
  • Partnerships: We just lately began working with corporations which can be in the identical business for cross-posting alternatives

How are you doing right now and what does the long run appear to be?

We’re nonetheless experimenting with numerous buyer segments, and we A/B check lots of options. Our clients present wonderful suggestions and request new options and enhancements, so we’re specializing in making an important ones.

Most of our clients present suggestions over our chat and by sending us emails to our help e-mail! We accumulate the suggestions in a spreadsheet (for now), and we attempt to prioritize new options and bug fixes in our weekly sprints!

Now we have a whole bunch of latest subscribers every day, and we’re very glad about that (our website positioning weblog posts and pages lastly get hundreds of views).

Our focus right now shouldn’t be solely on the enhancements in our b2c product but additionally on enhancing our b2b merchandise (instruments for boot camps, recruiters, and profession advisors).

Brief time period targets:

Now we have a giant backlog of product enhancements and bug fixes! A few of them are small touches of the UX. Others are greater options that we wish to embody.

Long run targets:

We want to combine extra job boards into our platform, enhance our machine studying algorithm and launch some VERY COOL product options (we are going to share extra quickly).

By way of beginning the enterprise, have you ever discovered something notably useful or advantageous?

One of many foremost classes is that distribution and advertising and marketing are tremendous necessary.

Loads of technical founders (like I did) imagine that product is an important a part of the equation (don’t get me improper, constructing a strong product is tremendous necessary) however what I noticed is that at some you must cease focusing solely on the product and begin specializing in how you must talk clearly what you might be doing, distribute your product within the gross sales channels that make a lot of the sense to your particular enterprise mannequin/case.

What can be tremendous necessary is studying to prioritize.

Attempt to accumulate all of the suggestions out of your clients however by no means construct all the things that they ask. It is rather necessary to focus solely on what is smart for your corporation and never for a single consumer. Yet another characteristic may not be the reply to why your clients don’t pay you (don’t fall into the one-more-feature entice).

Attempt to determine the issue that you’re fixing.

Easy instance:

What’s an issue {that a} private coach is fixing for a buyer?

Let’s brainstorm right here:

Somebody might argue {that a} private coach helps you get match, however this may not be the actual drawback. I might get in form by simply doing push-ups in my dwelling, proper?

Or somebody might argue {that a} private coach is aware of all of the workout routines and thus he may also help you practice your physique accurately. However I can discover all of these on-line, proper?

So what’s the actual drawback?

In my view, one of many actual issues {that a} private coach is fixing is making you accountable and serving to you to stay to a schedule. In case you are coaching in your house, you may simply say…. Properly, I’m going to skip the exercise right now. I’ll watch a Netflix collection.

Why is that this associated to your corporation?

Attempt to discover the actual drawback that’s being solved. It would shock you what you’ll study.

An ideal video that talks in regards to the jobs to be performed framework will assist you to get a greater concept of how you must take into consideration why your clients may want your product

What platform/instruments do you utilize for your corporation?

We use the next instruments:

What have been essentially the most influential books, podcasts, or different assets?

In my view, a number of the best books for individuals beginning their new firm embody:

loopcv

Recommendation for different entrepreneurs who wish to get began or are simply beginning out?

I created this picture that shares my view and studying.

loopcv

One of the crucial necessary classes right here is that the one technique to study is to make errors! So don’t be afraid to begin! Loopcv wasn’t my first venture! I began a few different tasks earlier than! Each venture or firm that you simply create will present worthwhile learnings and assist you to enhance on particular subjects. So my recommendation to new entrepreneurs is JUST START.

Are you seeking to rent for sure positions proper now?

We’re in search of numerous positions resembling software program engineers and account managers to help our shoppers:

The software program engineers’ duties will embody:

  • Engaged on the event of integrations with job board APIs
  • Bettering the present infrastructure

The account/gross sales supervisor’s duties will embody:

  • Supporting current shoppers
  • Chilly calls and demos with shoppers
  • CRM work (Pipedrive)

The place can we go to study extra?


 

George
 
Founding father of Loopcv

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