This Business News Story Was Uncovered By Us From: https://www.under30ceo.com/interview-internrocket-coms-michael-somers/
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Jobs are not what they used to be for both employees and employers. The average worker stays at each position just 4.4 years, which leaves employers looking for new staff members at a rate drastically higher than that of just several decades ago. For the employee, the market has become more competitive and a college degree is no longer a guaranteed ticket to a profitable and happy career with a single company.
Due to the competition in the job marketplace, employers need help finding the best candidates for the job. Companies spend on average around $3,500 on each hire, which is the primary reason that talent acquisition has quickly turned into a $124 billion industry.
One startup tackling both sides of this problem is internrocket.com, co-founded by young entrepreneur Michael Somers. Michael describes internrocket.com as “a dating website, except for your career.” The site helps people find “quick projects to micro-invest in their future,” and can be described as an internship finder. These micro internships allow people to quickly test drive relationships at low risk. “It’s faster and less risky and ends up in a place where everyone understands the truth of the matter which allows people to make better decisions,” Michael said.
Getting the Engineers to Build the Rocket
Every Friday for two years, Michael and his team would leave their day jobs to head straight to hackathons they hosted to work and develop with the best coders in the area. “We started at 5pm each Friday and went until 5am on Saturday for about two years.” On average they would get between 10 and 15 programmers, two of which are now employed full-time by the startup. “It was a fantastic way to… Read More
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