Archive for July, 2009
JobeeHive.com: Making career jump a smarter one
Accessing valuable insider information about employers and salaries in the corporate world has always been a pain point. Neither there was a platform to access, nor there any transparency. That was where this 27 year old Vishwas Mudagal from Bangalore saw an opportunity.
Vishwas got ignited of his entrepreneurial spark in 1999, at an early age of 18, with setting up a company named “InfoVision Academy” to impart computer skills to rural students. By 2001 to hone himself of his knowledge, he went on to pursue his graduation and then got into career stints at three different companies. Later, he made his journey as a full fledged entrepreneur with setting up India’s first ever employer / salary review portal in September 2007.
His simple idea was to host employer and salary reviews obtained from present or past employees of the company and publishing them anonymously for everyone to read on his Web 2.0 portal ‘JobeeHive.com‘.
“We offer something that is very useful for professionals, which other social networks do not offer. This is precisely why we have generated so much interest in the market today” Vishwas tells to Startupstory.in.
When he etched his business thought, there were too many critics running the mill and it was hard for him to make others believe in his idea. Couple of years down the lane, his yester year critics were proved wrong with his portal now hosting 30K plus user reviews, 70K registered users and clocking a whopping 3 to 4 Lac page views a month.
“Your service should solve some need in the market; should be cool to use. Then it will propagate virally on itself” Vishwas advises.
Most of the content on JobeeHive.com is free for everyone to see, though diving deep for specific information needs a sign up The Secret of Moonacre move . Now in BETA version, JobeeHive keeps its content fresh and accurate by having a ‘give-and-take’ model requiring users to submit a review of their employer or a salary report before they can view the reviews at the site. With stringent moderation process in place, the reviews, before getting published, gets into the sharp eyes of the team at JobeeHive. Abuses and confidential information are kept at bay. Like Wikipedia, the content gets better as more and more people read and rate them on the Web 2.0 platform.
Professionals are using JobeeHive.com to make their career jump a smarter one by comparing between prospective employers to negotiate for a much better pay package. More of positive experience by the users has led to viral growth with users turning up as passive brand ambassadors. Without spending a penny on marketing, JobeeHive has received great traction with Alexa ranking it the No.1 user generated employer review website in India. Tying up with job portals to provide content on ‘Job research’ and publishing out ‘Best Employer Ratings’ for each year are on the cards.
Though employees some times sling mud about their company, Vishwas admits that no company is perfect and claims that companies themselves confess to it. Employers have been getting a transparent feedback about their own company; taking it in a positive manner; benchmarking their salary package and as well comparing with their competitors. So there is now a platform for employees to voice their opinion; there are employers listening to employees and no one is now ignoring about what has been written on JobeeHive.com.
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The revenue model is based on several streams including corporate subscriptions, branding solutions, jobs and partnerships. Recently JobeeHive got to be selected for ‘The Power of Ideas contest’ by Economic Times. The 9 member strong self funded Banglore based startup is in talks with few investors.
“Be passionate about your idea and never say die. The one who executes well wins. The team which you put together matters a lot. Many a times it happens that your partners quit in the mid of the journey, but you need to have the strength to carry on” advises Vishwas to upcoming entrepreneurs.
Blog: jobeehive.blogspot.com
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Twitter: @jobeehive
Facebook: facebook.com/group.php?gid=51095468667&ref=share
Contact: contact@jobeehive.com
IsDueOn.com: Powerful, yet simple bill tracker
If we forget things, we have to pay for it; but when it comes to bills, we need to pay with penalty. The best way to remember one bill due, is to forget it once. “But, there exists a much better way!’” tells Yash
, the 28 years old entrepreneur. It might sound like a question, but actually answers most of your financial queries. His web based application, IsDueOn makes tracking of bank balances, bills etc., a breeze.
In fact, IsDueOn is not his first invention. This Mumbai Indian’s thirst of doing something “New” started during his school days. His first venture was comic books which had his class mates as target audience. Their appreciations stepped up enough steam to become an entrepreneur of today. By capitalizing his two years of work experience at two IT companies Magnet and Mastek, he plunged into entrepreneurship and started “Uconomix Technologies Private Limited” on April 2005.
With inadequate capital and without any partner, his entrepreneurial journey during the initial days was rather a difficult one. During inception, his team size was four and at a certain point, he had to handle it all alone. But his hunger for recognition never ever took even a nap. Rather, it let him to come up with his first product, “uMark”, an image watermarking software followed by two more windows based products, “Encryption Engine” and “Snap Logger” succeeded by “Janoos.com”, a homepage for bookmarks. By May, 2009, he made out his first ever commercial web product, IsDueOn, which he now counts on.
“This Freakin’ simple bill tracker!” as Yash fondly claims, remembers your bills and notifies you through Email well before the due date. “IsDueOn differs from other reminding applications, by dealing only with tasks that involve money, whereas others are just task managers” quips Yash. The upcoming reporting feature will help users to analyze their spending habits. Another planned feature called budgeting allows them to specify various bank accounts, payable and receivable items. Hence it gets you the clear picture of how much balance will be left in your bank accounts after paying your bills for a particular month. “Using IsDueOn is a child’s play. Even your grandma can use it”, bets Yash. Now, he is setting up to make out a premium version of IsDueOn which will become the sole point of focus for his company.
He feels recession is still a good period to launch a product like IsDueOn and as likely, he is experiencing better business conditions for last few months. For upcoming entrepreneurs, he counsels, ”If you have an idea and if it’s not going to take much to launch it, please go ahead. It may or may not succeed. If it works, you can grow. If not, at least you tried; made something new and had fun! But whatever happens, never lose your passion. Because talent can be hired, whereas passion has to come from within”.
“By serving an employer, you can be financially secured; whereas, as an entrepreneur, you can get the complete credit for your hard work while running your own show. Startupstory.in wouldn’t have interviewed me, if I was just another employee at a company”, delights Yash.
Address: Caprica dvdrip IsDueOn.com Uconomix Technologies Private Limited,112, Mahavir Industrial Estate, Kanchpada, Malad (West), Mumbai – 400064,
T: 022 – 4003 8302. E: yash@uconomix.com
Blog – yash.info
Twitter - twitter.com/yashg
LinkedIn - linkedin.com/in/yashgadhiya
Facebook – facebook.com/yashg
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