Elevator Pitch is a regular feature on Lifehacker where we profile startups and new companies and pick their brains for entrepreneurial advice. This week, we're talking with Lewis Romano, MD and cofounder from SpotJobs.
In 128 words or less, explain your business idea.
SpotJobs is Australia's fourth-largest job board and number one for entry level jobs. We're a dedicated platform for low-medium skilled, permanent and part time work. SpotJobs is trusted by many of Australia's largest employers for its ability to talk to people in their language through a simple and easy to use interface, that just makes sense.
What strategies are you using to grow and finance your idea?
For us we've always sought people to share our vision and back us as the right people to execute the plan. Several strategic investors have been sought out to add value not just in dollars but also with business nous, knowhow and experience that's so important in a competitive landscape.
What's the biggest challenge facing your business?
Our biggest challenge is educating a marketplace that has been used to doing business the same way for 10 years, Seek, which paved the way before us, did a lot of re-educating when selling the benefits of online. Now it's our turn to do the same.
How do your differentiate your business from your competitors?
SpotJobs is unconventional, unique and different, right from the first impressions made on our homepage, to the way you search using filters and view jobs. We've stepped back and thought: how do people really want a job site that caters for the entry level space to work? We have a motto that when the competition zigs we zag! So for us, staying ahead of the curve is part of our DNA.
What one phone, tablet or PC application could you not live without?
Email. But I'll cheat and say Chrome, because I can use my second most important ap, the web browser, to get to my emails.
What's the best piece of business advice you've ever received?
100 per cent of nothing is nothing. You can have the whole farm but chances are you'll need to let some of it go to have a share of something that's valuable.
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