Originally Posted on September 16, 2020
Last Update on September 16, 2020
Products We LoveAD

Backlog: The best way to manage your projects. Wiki, tasks, files all in one place. This is like taking good parts of JIRA and Trello, combined into one tool. You can start for free.

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: TrialOffer – Work Before Hire.

According to Geoff Smart and Randy Street, a single hiring mistake for a $100K position costs about 1.5 million dollars. [1] Hiring the right person is not nice-to-have important. It’s dead-or-alive important.

The mis-hiring isn’t only about the cost. It demoralizes other employees, wastes everyone’s time, and damages company reputation.

However, fixing interviews usually doesn’t solve the issue because interviewers can’t see candidates’ real performance unless they work together.

TrialOffer solves this by helping companies with tools to manage pre-hire trials.

Why trials? Doing trials benefits both sides; employers can assess candidates’ capability more accurately, and candidates can see what the work environment looks like before risking their careers.

“The best predictor of how someone will perform in a job is a work sample test … This entails giving candidates a sample piece of work, similar to that which they would do in the job, and assessing performance at it.” – Laszlo Bock in his book Work Rules! [2]

Automattic already adopts the trial method, and we’ll likely see companies following the trend. [3]

TrialOffer offers hiring managers a dashboard to manage trials from creating & scoring trials to paying for trials. It monetizes through monthly subscriptions.

Today, software developers can take quizzes online and get job offers using Triplebytle and others, but measuring skills is just a half of the process.

You want to make sure culture fit, communication style, etc – and TrialOffer fills the other half.

[1] https://www.amazon.com/Who-Geoff-Smart/dp/0345504194

[2] https://amzn.to/3iBuoOq

[2] https://artiss.blog/2019/03/the-automattic-hiring-process/

Enjoyed?

If you thought the content is useful, consider buying us a coffee or getting our books!

If you want more content like this, use the search, subscribe to our Newsletter, or follow us on Twitter.

If you have any questions or feedback, let us know so we can improve the content.

If you’d like to share this content with your friends, use the links below.