Originally Posted on September 6, 2020
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Square: You might have already used Square before – but the company offers a wide range of payment solutions to get your business off the ground, from card payment to invoice to ecommerce.

Business idea: Keep – Program Builder to Keep High Performers.

Amazon pays its employees to leave (originated from Zappos – its acquisition). [1]

Why? Because hiring someone who isn’t motivated and committed is more poisonous than hiring no one.

Want to run similar programs? Keep is your choice.

It’s a simple program builder for HR. You can create a program like the “Pay-to-Leave” quickly by filling the key information such as objectives, duration, and reward.

Then Keep generates a formal document you can hand over to employees directly.

Keep is not limited to the Amazon program. It offers various templates such as incentive-based employee onboarding, performance improvement planning, etc. to ensure you hire and keep only the best and motivated.

It works with existing HR platforms such as Workday, Zenefirts, and Namely to sync the results and adjust information (comp, position, etc) accordingly.

Monetization is a simple SaaS subscription model. Pricing is set around 300ARR for small businesses and over 1K for mid or large businesses.

Distribution wise, it can generate many templates for SEO (content marketing) + write articles about keeping high-performers.

[1] https://www.cnbc.com/2018/05/21/why-amazon-pays-employees-5000-to-quit.html


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