French Entrepreneur
Here is one young entrepreneur who has taken the online Job site sector and tweaked it for huge success! Julien Genestoux was a student at engineering school Insa in Lyon in 2000, he couldn’t find any summer job listings on the Internet. So three years later, he decided to build his own jobs service aimed specifically at students.
Julien’s niche is listings are free, but lots of advertisers pay $64 per ad for higher placement, and many students pay up to $3.80 per month to see new postings via e-mail before they hit the site. More than 50% of revenues come from advertising. Genestoux attributes his success vs. larger rivals such as Monster to greater specialization.
His site has taken off and his site has over 10,000 new job adverts placed each day, beauty of this entrepreneuriral story is that early this year he moved to San Francisco to work for a French bank, leaving day-to-day operations in the hands of three employees. Now he’s hatching other startup ideas on the West Coast! Inspiration!