Pre-vetted Talent Marketplace
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A hiring platform called Shepherd that connects businesses with pre-vetted international talent, particularly from the Philippines and Latin America, using a one-time finder's fee model instead of ongoing monthly fees.
Key Points:
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Business Model:
- One-time finder's fee for successful hires
- No ongoing monthly charges unlike competitors who charge 3x markup
- Direct hiring relationship between company and employee
- Local office and recruiters in the Philippines for vetting
-
Service Offering:
- Pre-screened international candidates
- Background checks and filtering
- Present 5 qualified candidates to clients
- Focus on Philippines and Latin America talent pools
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Target Roles:
- Personal assistants
- Customer support
- Data analysis
- Design
- Technical roles
- Marketing specialists
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Competitive Advantages:
- More cost-effective than US hiring (10x cheaper)
- More sustainable than monthly markup models
- Boots on ground for local recruiting
- High-quality talent verification
- Word-of-mouth growth through satisfied customers
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Cost Structure for Clients:
- Philippines talent typically costs:
- $800-1000/month for entry roles
- $2500-3000/month for specialized roles
- One-time finder's fee vs competitor's ongoing 3x monthly markup
- Philippines talent typically costs:
-
Growth Strategy:
- Focus on word-of-mouth marketing
- Partner with influencers who can validate the service
- No direct marketing spend
- Build reputation through successful placements
58:29 - 01:00:37
Full video: 01:21:06SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.