Comments on: monster must love the clutter

By: Jonathan Duarte

Jonathan Duarte — Thu, 07 Jun 2007 19:31:54 +0000

Nicks been through the mud on this one.
The question regarding “Can a start-up take a bite out of the $3.3 Billion market, of which Monster and CareerBuilder own something like 60% or more of (everyone’s stats differ on this)?”

The answer is certainly.
Jobster came in with a new concept, and brought some money.
Niche job boards are doing the same.

The difference is the market is still growing at 10% or more each year.
So, if Monster is growing equal with the industry at 10%, the question is whether any of the startups are even matching, or biting out of Monsters market share.

I think the answer is NO!…. not yet.

Monster’s sales are slowing, but CareerBuilders are growing. So, who is getting any real measurable share of the remaining 40% of the market share??

By: Nick Jimenez

Nick Jimenez — Thu, 07 Jun 2007 18:38:49 +0000

Joel,
Are Mike, Chris and I the only ones willing to comment on Cheezhead today? Don’t people kow this is an award winning blog?

Everyone knows that the current online recruiting model is inefficient for both the job seekers and the Recruiters.

We’ve all heard the horror stories from the Recruiter side about the volume of resumes the must sift through to get to the Qualified, Available and interested candidates, not to mention the significant cost associated with the Major Job Boards. If you ask job seekers (which we do at Climber.com by the way) they are equally frustrated with the way they are treated by Job Boards and Recruiters alike. There is a reason we are adding between 500 to 2,500 passive job seekers daily at Climber.com. No one likes to be treated as a commodity.

The good Recruiters, no make that the Great Recruiters, are not risk adverse. They are not HR Lemmings, who will throw themselves off the cliff into the mouth of the Monster (sorry couldn’t help myself on that one) because that is what ‘s comfortable. Great Recruiters will get outside their comfort zone and try new technology as long as we are able to create value by increasing their productivity. It all comes down to our ability as the “up-and-comers” to deliver on the promise of quality candidates, faster and more cost effectively than the Big Job Boards.

Where inefficiency exists in business, opportunity arises for those bold enough to challenge the status quos.

By: jason davis

jason davis — Thu, 07 Jun 2007 18:12:31 +0000

I think it is just that Joel is rarely impressed until the 2nd album comes out and it is also great. I think most entrepreneurs enjoy making the record more than listening to it. The recuiting industry is a good place for entrepreneurs.

By: Chris Amato

Chris Amato — Thu, 07 Jun 2007 16:25:05 +0000

With all the shake up and shuffling over at Monster these days, you know they hear the footsteps. Monster has some tough choices, reinvent or sell to someone that can. It’s getting old. Are companies going to be buying job postings in a few years? Hmmm.

I agree with Mike, climb, fly, walk or run, we’ll GET there. Tell an entrepreneur no and it usually gets done. No one may have been fired for choosing IBM, but some probably should have been.

By: Mike O'Brien

Mike O'Brien — Thu, 07 Jun 2007 13:50:54 +0000

Love the climbing start-up comment.. But we are up to the task, been there done that! See you at the top.