I could remember the pain in volume recruitment of frontline staff during my recruitment days.
We were tasked by one of the large supermarket chains to find interim staffs to help in the festive promotion of mandarin oranges as Chinese New Year was looming.
There were 50 roles to fill island wide and it was painstaking work as you attempt to source, screen them, schedule them for the vaccination that is mandated for food handlers.
In the end, we only manage to fill up 12 of the roles but probably spent 70% of our bandwidth on the work.
Did you know that 90% of new businesses will fail?
Every entrepreneur starts off with the best intent to disrupt the industry, to democratize usage and to change the world.
But it still boils down to dollar and cents to keep your business afloat.
Ultimately, the website traffic and Facebook likes couldn’t be used to pay the bills.
Whether you are a small business owner, solopreneur or a freelancer, you can increase your revenue by implementing the right tools and creating a strategy that has been proven to yield results.
From the traditional record management system to the AI screening chatbot, human resources tech has progressed by leaps and bounds, growing to become a US$400 billion industry worldwide.
Even the Singapore government is involved in the space. In May, the country’s Minister of State for Manpower, Zaqy Mohamed, announced the formation of the
HR Industry Transformation Advisory Panel (HRTAP).
Composed of HR and business leaders, representatives from the industry, and tripartite partners, the entity will build on the government’s HR plan, formulate strategies, and lead efforts to further develop the sector in Singapore.
Eugene and I connected on LinkedIn about a year back.
Back then his profile was showing that he is in stealth mode of his HR Tech startup.
That was during the peak of the crypto BS and naturally, I thought it is going to be another blockchain idea that the world doesn’t need.
The unfolding came around their seed funding round announcement where they raised $1M.
It is an impressive achievement given how quickly they achieved this vis-a-vis the precedence.
I believe it boils down to the pain they are trying to solve being much bigger.
I bet you can’t even guess how many “entrepreneurs” are out there right now.
I’m sure you’ve seen countless annoying, scammy, and make-you-want-to-skip ads all over social media on how to
become an entrepreneur and make bank.
Luckily for most of us, are astute enough to think twice before buying into their one-time offer for an online course.
Starting a business in Singapore is easy because registering it in ACRA is very binary and well-guided.
The tough part will fall under the processes of running a business and leading a team.
E-commerce is on the rise in Asia and elsewhere in the world, with significant profits available for those that get it right.
This makes it very tempting to get involved, but the costs of starting up a business can put a lot off people of.
Hosting, developments, marketing and communication require a budget and that can be an obstacle for some of you who would like to start a new business.
The good news is that an e-commerce store can be started on a surprisingly low budget but the question is, how to achieve that?
I first got to know about Adaface at this year’s HR Tech Summit in Singapore.
Adaface is one of the four startups pitching at the Tech Den and I did some research into every one of them.
Initially, I thought they are just another coding assessment vendor competing in a crowded space.
But their idea is a little different – they combine coding assessment with a conversational chatbot.
It may not seem like a significant change but this move dramatically improved the user experience of the job seeker.
Vinay is a Serial Entrepreneur and currently running his third venture – RChilli.
RChilli is known for providing parsing, matching and enrichment to every recruitment management system, making sure that resume data is captured, managed and analyzed in the most proficient manner.
Before this, he was running a consultancy company called e-Connoisseur Infotech Pvt. Ltd. which was into product development outsourcing.
They developed 17 different products, worked with companies like Pay Pal, T-mobile but today they are growing very good with RChilli.
For the 2nd time, I was invited to HRD Tech Summit to participate in their Tech Den segment.
If you don’t know about
HRD Tech Summit, they are Singapore’s leading independent HR Tech event.
More than 200 HR professionals and technology innovators prowled the venue at Hilton Hotel, gaining exclusive insights and actively exchanging ideas on
Tech Den is the HR Tech Summit’s flagship program – celebrating excellence in HR startups and entrepreneurship across Asia.
Vying for the ultimate prize, a $20k marketing campaign in HRD Asia publications, hundreds of HR Tech startups was whittled down to just a few finalists.
March 21, 2019 — New York, NY — Fetcher, an outbound recruiting platform that combines AI with human expertise to recruit top talent for high-growth companies, is excited to announce its latest round of funding as well as several key executive hires.
In late 2018, Fetcher raised $5.4MM in an oversubscribed seed round led by Accomplice and Slow Ventures, with full participation by existing investors, Picus and Revel Partners, as well as angel investors which include Paul English (founder of Kayak), Amol Sarva (founder of Knotel) and James Joaquin (co-founder of Obvious Ventures).