This is my latest post in my Free Startup Ideas series.
I've been coming up with business ideas since my earliest childhood memories. Most of them have been absolutely terrible. Some of them have been decent. And now I'm going to give away some of my best ones for free.
Am I really give these ideas away with zero expectation of return? Absolutely.
- Ideas are worthless. It's all about execution. If you want to take one of these ideas and run with it, do it. I'll even be happy to give you a brain dump with all of my notes on the idea as I’ve been thinking about most of them for a while.
- I take coffee meetings all the time with people looking for startup ideas. Perhaps one of these ideas will help them spark a new idea of their own.
- I want to get these ideas out of my head to clear some of my brain's RAM. That way I can come up with new and better ideas.
- I like giving things away and planting seeds.
Without further ado...
Pitch: The developer job market is at peak insanity right now. One placement of a talented developer will land a recruiter tens of thousands of dollars. With Predictive Headhunting Analytics, we analyze the social web and various other sources to identify developers that are about to start actively looking for a new role -- sometimes before THEY even know it!
Backstory: There really isn't much of a back story here. It's just a very practical use of predictive analytics. When you have such a low frequency, high payoff event as recruiting, there are massive commissions to be made. I love what Mattermark is doing for private companies. This is similar except it would be on the individual level.
Predictive Headhunting Analytics (PHA)
In the old world, there were certain activities that we a dead give away that someone was looking for a new job -- they dust off the resume, they mysteriously have to take some random lunch meetings that no one knows about, you seeing them randomly wearing a suit to work one day. Today, some of those same rules probably still apply, but technology can allow us to figure this stuff out at a massive scale.
LinkedIn activity is surely a powerful signal. A startup that was once on fire but is now cooling down. A number of key people and/or founders leave the company. A product gets shut down. A sprucing up of the public github portfolio. Renewed blogging and/or social media activity after a prolonged silence.
Any one of them by itself may be enough to indicate someone is about to start the search for a new job. When taken together and in context, you can gain some serious confidence about future employment decisions. In the technical headhunting space, this could be extensively valuable information in the right hands.