Pre-vetted Talent Marketplace

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:

  • 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
  • Target Roles:

    • Personal assistants
    • Customer support
    • Data analysis
    • Design
    • Technical roles
    • Marketing specialists
  • 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
  • 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
  • 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: 01:21:06
SP

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.

WebsiteTwitter
Host
Restaurateur
E-commerce