$300 million dollars…
Since 2012,
@JobMobz
and its portfolio of companies have generated over $300 million in revenue.
It's been 12 years since I started this journey as an in-debt college dropout, facing skepticism from all sides.
Despite the doubts, we've achieved
A lot of people are complaining about Zoom meetings.
You know what's worse?
Commuting 1-2 hours each way to work to have face to face meetings all day.
Get home when your kids are already asleep and repeat 5 days a week for the next 30 years.
Sign me up for the Zoom meetings.
On a plane flight right now someone just vomited while in their seat.
But instead of vomiting on themselves, between their legs, in a bag or anywhere a normal person would.
They chose the main character option standing straight up...
Dousing the 2 rows in front of them as they
Full-time offers I've turned down and their value based on current valuations:
1)
$150k base + $40 million equity
2)
$195k base + $3 million equity
3)
$150k base + $15 million equity
If you work in tech long enough it's bound to happen at some point.
I worked with Alexandr Wang the co-founder and CEO of Scale AI when they were only ~10 people.
He is in an elite class of founders I've worked with that has an incredible eye for talent and created a very talent dense organization from day 1.
Ironically and contrary to this
If you're 22-30 and don't want to work hard and long hours that's fine...
Just don't be upset when your peers or people younger than you are your boss and corporate leaders for the rest of your career.
If you work in Tech and don't make $500k+ but are interested in
1) Working on the future of Technology
2) Remote work (permanently)
3) Fair compensation
You should DM me. I've hired 2 people off of Twitter in the past month.
Just got an offer an offer from a startup that’s about to IPO. Total compensation damn near near half a million. 😭😭😭this interview was loooooong but it was worth it.
Crazy stat:
Over 70% of the people I recruited over the past 3 years are now multimillionaires.
The best declined offer is now worth $4 million annually.
Remember to be nice the next time a Recruiter reaches out to you 🙃
@FuglebergTim
Your kid is a mensch and should be given a gold medal as the best mannered 3 yr old of all time. Also for being more responsible and courteous than a middle aged woman who decided to give a few dozen people PTSD for life.
Wow this blew up a few thoughts..
I'm horrified how common this is
I don't sell anything but it would mean a lot if you gave me a follow
I'll try mixing in some similar stories from my time as a EMT & Firefighter.
Lastly be kind to your FAs they are also victims here.
Twitter is more powerful for work opportunities than LinkedIn because instead of being judged by your pedigree you're judged by your thoughts.
Which is not only a better way to hire but also a much better way to engage with people in your profession.
@girdley
You should sell a course on this.
Given the dozens of similar stories in the comments there's high demand for this.
Make it a mandatory rehabilitation course for airline passengers who puke on their fellow travelers.
Can't fly again until you pass Girdleys "no splash class"
I've been getting a lot of Real Estate related questions lately.
So I compiled the best resources to get into Real Estate for beginners. Ones that I used personally.
The best free resources that I spent years compiling through trial and error.
Thread 👇
If you're a Tech company and want to hire people right now paying below market compensation and want people back in a office in 6 months do you really want "top talent"?
A VP of Talent Acquisition for a fortune 100 company is in my DM's thanking me for sharing compensation numbers last week.
He's using my post as added motivation to increase his teams compensation 10% in June.
Absolutely incredible...
Prediction: January to March 2022
Tech companies requiring employees back in the office see attrition greater than 25+% in the first quarter.
Before they shift to allowing remote work.
Recruiting teams will target companies with inflexible policies aggressively.
@HeatherDoshay
Great thread Heather! I wrote something similar last year on why people aren't paid enough. Working on research for the 2020 version.
You're Not Getting Paid Enough. Here's Why.
@unusual_whales
@Bitcoin_Redneck
Interesting choice of words.
A year ago it was called a "white caller recession" and now it's a "selective recession".
Maybe we just stop with the false pretenses and call it what it is...a recession.
@CollinRugg
Staying in someone else's private property/residence without paying is theft plain and simple.
People do not have a right to others property or assets without compensation.
This isn't even a debate.
To summarize what Recruiting for Recruiters is like right now:
I made an offer to a Senior Technical Recruiter that was $120k more than they earn currently (in base salary) a few weeks ago.
They declined...
Don't listen to people who went to elite schools tell you college isn't worth it.
Just because networking and getting jobs was easier for them doesn't make that true for everyone.
I'll be honest I'd give 7% of my company to YC at our current scale just for the YC alumni network and a bookface login.
~$8M think about it
@garrytan
👀
All kidding aside if you're a founder YC is the place to be early on second to none.
@Austen
The alternative was being sued personally into oblivion by some of the wealthiest organizations on the planet.
The fact that they didn't see this as a potential outcome before firing Sam was a big misstep.
It shows how hastily and haphazard this was done.
Recruiting is the most valuable org in your company.
Recruiting the right people can 10x your $$, hiring the right Engineers 10x your product.
A 10x Recruiter is the highest value thing you can hire for your company.
This is why Recruiting needs a seat at the leadership table.
I founded Job Mobz in 2012 and within 10 years I bootstrapped the company to $30M+ in annual recurring revenue.
Here are the toughest revenue milestones and how long it took to achieve each one.
$1M the first big milestone it took us 5 years.
$5M this where most founders get
The amount of hiring happening in Tech right now is unmatched at any other time.
Because of which there's never been a better time to make a career pivot if you want to work in Tech.
@AshNacoleinHR
According to research over 50% of new hires will start looking for a new job in the first week if their onboarding experience is below expectations. So it happens sooner than most people think.
@MarcSGIlbert
Not on the same scale but I've been buying lots for $50k build a new home for $250k. Completed value is $450k cash out refi and add $150k in net worth gain and still cash flow every month.
There's a massive shortage of housing in the US and that will only continue to 📈
1st Real Estate deal of 2021 closed!
SFH
Purchase price: $270k
Market value: $320k
Rent: $2,400 / mo
Location: FL
We offered initially they declined both our primary and backup offer.
Buyer backed out and both backup offers.
Takeaway:
Always follow up on rejected offers.
Tech companies need to think through what happens in Jan 2021 when you ask your employees to come back to work and a percentage of them (15-20% my estimate) say they are only willing to work remotely now?
I'm curious how HR teams and leadership teams anticipate handling this?
Unpopular Opinion: In my experience there's zero correlation to credit score and the best tenants.
The US credit scoring system is a complete dumpster fire.
The next big push we need to strive for is a 4 day work week.
There's no getting back time with your family and kids.
If we spent less time at work the need for social engagement at work becomes less.
We have more time for friends and hobbies outside of work.
Thoughts?
A lot of new jobs are opening in Q3.
It seems like many companies are preparing for hiring sprints in Q4 and Q1 2024.
A complete reversal of what we've seen the past 3-4 quarters in Tech.
Quickest, easiest and most likely path to a high net worth.
Work at a large Tech Company from your 20's - 30's.
Invest and hold Real Estate long term.
Simple path to becoming a multi millionaire.
@nateobrienn
I'm living option
#2
currently will hit $75M in revenue over the next 12 months with $30-35M in profit.
It doesn't seem like work if you work on solving problems that you enjoy. Option 1 is more time consuming than option 2. Its harder to maintain a SMB vs a growth business
A young man knocks on my door this afternoon he's selling pest control.
We start talking about how he graduated and started this business.
At the age of 24 with 2 years in business.
$1.5 million gross revenue
$500k profit
Big opportunities in blue collar fields right now.
Best RE deal of 2021:
Purchase price $450k
Repairs/upgrades: $25k
Year end value: $650k
Monthly rent: $9,000 (STR)
Kudos to
@rohindhar
and
@imrichardfertig
for the inspiration to get into the STR space 🙏
@Grummz
@TechCrunch
DEI failed for 3 years most companies invested large sums of time and resources into these programs.
It created internal friction, detracted from core products, misaligned their mission and ultimately ended in a disproportionate number of lawsuits.
Hire the best person period.
The hardest part about being a founder right now? Recruiting
Yet most companies have Recruiting reporting to HR.
How can Recruiting be the
#1
priority for 2022 for company leaders and not have a seat at the leadership table?
Its time to rethink archaic reporting structures.
3 day weekends are amazing.
Now imagine doing that every weekend for the rest of your career.
Deciding between working at two companies and one has a 4 day work week.
Easy choice.
Ever since I got into Recruiting over a decade ago I've always been a huge fan of .
In fact their online communities and groups were the first place I started to network.
Today I'm excited to officially announce Job Mobz has acquired
Unicorns I helped scale directly:
23andMe (~30 employees)
Scale AI (~15)
Coinbase (~200)
Honor (~30)
Stellar (~10)
Protocol Labs (~50)
Hackerrank (~40)
The one thing they all shared?
All of these founders worked incredibly hard.
Anyone telling you that you can beat tech
@Austen
Everyday this story gets more and more bizarre.
Ironically the outcome of this hurts her cause.
No company is going to hire people that support a cause that potentially destroys billions in enterprise value. In fact highlighting this in such a public way all but ensures that.
There's 2 million+ Recruiters on LinkedIn.
There's less than 100 Web3 Recruiters in the entire world.
15 of which work at Job Mobz.
This is why Web3 Recruiters are routinely earning $400-500k annually.
Supply and Demand.
Lost power last night.
Went to a hotel.
Got on the elevator on the 16th floor and the elevator had a mechanical issue and began to free fall.
Emergency break initiated slamming us to sudden stop.
Thankfully my wife, kids and I are unharmed and alive 🙏❤️
Tech is about to boomerang very very quickly.
The velocity of which will catch many executive teams by surprise once again and Tech Recruiters will be the hottest job in tech in 2024.
Just wait and see it's already beginning.
I have a confession:
During lockdown I've been randomly sending my friends multiple cases of sparkling water to their house and not saying anything at all.
A lot of people are complaining about not wanting to go back to an office.
Companies should understand this.
No one wants to commute 1 to 2 hours each way to an office to have zoom meetings all day.
Get home when your kids are already asleep and repeat 5 days a week for the
Lots of DM's the past 24 hours going to try to answer some basics..
Quick answers:
- I'm 32
- I live in CA
- The more you hustle the luckier you get
- Many ways to reach your goals I just happened to use Real Estate
- Find a great spouse and everything else becomes easier
The Tech hiring recession is DEAD.
Tech companies will be entering a new bull market in 2H 2023.
As of today the Fed is projected to pause interest rate hikes on Wednesday.
Which will end 12+ months of rate increases.
Which have disproportionately affected Tech companies and
SFH investing is underrated.
It's not the hot space of RE investing that MFH, Storage and now Strip Malls (thanks
@realEstateTrent
).
Less competition and less barriers to entry.
1) Easier to find deals
2) Strong appreciation
3) Larger tenant pool
4) Quicker sale
I ❤️ Recruiting.
Sending good vibes to all Recruiters.
This has been one of the most tumultuous few years in the history of the profession.
Better times are coming soon.
Social Media is incredibly powerful.
A random thought I had in the shower has led to 1 million + views in a matter of days.
Even more surprising my business received multiple inquiries for contracts in the 6 to 7 figure range.
Best advice: build an audience in a niche space.
@BrianBakerman
@CindyBiSV
@sama
The tough part with modular housing currently is
- Transportation of materials (high cost)
- Pricing is still 30-50% more than I can get new construction done myself. With inferior quality.
Would have to come a long way in both of those areas for it to have mass adoption.
Planning on hiring in 2022???
If so read on...
Here's a thread of the best Recruiters and Recruiting Leaders that can give you the insight, tools and experience to help you achieve your hiring goals.
👇👇👇
The job market is very tough right now.
It's possible you had 10+ offers two years ago at ~$250k.
Now you might have one offer at ~$150k or no interest at all and are considering a career change.
It's crazy how quickly things shift.
Yet at the same time it's as competitive as
Personal update: I have Covid going to be isolating for the next 10 days.
1st/2nd day - No symptoms
Today - Terrible headache, dry cough and nausea. Feels like being trapped on a rollercoaster ride.
Good news: Both kids are fully recovered 🙂
@takeheartmonica
My wife and I bought a house prior to getting married. It was one of the best financial decisions we've ever made.
I don't think the situation is applicable to most couples though as the fallout of a break-up could be financially crushing and messy for both parties.
Interviewing Tip: Don't wait until the end of the interview to ask questions.
By asking questions you shift the power dynamic and the interview turns into a conversation.
It also shows the interviewer preparedness and genuine interest.
@AnyBodyCanFly
This tweet will age terribly
Let's use Japan as one example of long term QE. Over the past 20+ years real estate disproportionately outperformed large cap stocks and small cap stocks.
Real estate is the best performing asset class hands down if executed correctly.
The best hiring perk I've heard of in the past few years.
The company has a private jet that they offer candidates a private flight anywhere in the world for them and their family as part of their job offer.
Pretty darn cool if you ask me 😎
Most people admire successful people looking through the lense of one part of that person's life their financial success.
What most people fail to realize is the sacrifices (health, family, relationships) it took to get there.
@screenwritery
Dude I'm the same way and I had throw a few sticks of gum and try to meditate my way out of it.
In the pukers defense there was rough turbulence prior so not entirely their fault. The puking angle they selected though was absolutely their fault.
I was just in a Talent Advisory meeting with 25+ of the world's leaders in the Recruiting space.
Here's why Talent Acquisition is so backwards...
Thread 🧵🧵🧵
I'd like to see the "future of work" have resumes with no Mo / yr of employment.
Just Experience
Software Engineer @ XYZ (2.5 years to Present)
SWE @ ABC (3 yrs)
Eliminates all sorts of biases whether it be a sabbatical, maternity / paternity leave, layoffs/ poor job market.