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The Roaring 20's and our savings - How to treat job hunters - What to do when others fool your people
Three Things I Learned In Saas, Sports Tech and Live Events:
1. The dramatic increase in the consumer savings rate - from $2.7T to $4.6T- is leading live events companies into a new "Roaring 20s," at least that's what they're pitching to investors and financiers as seen in the below linked Vivid Seats pipe deck. The plan calls for 2x-3x as many live shows in the coming 18 months which, if bought, would normalize the savings rate. It's a spring for market share we're all about to watch.
2. Live events are rushing back and staffing up quick. It's a stampede. Hiring managers, remember the experience from the other side. When they didn’t call us. When we couldn't get a chance. When we didn't have a way in and tried our best with a cold outreach. Return calls. Return notes. Have the courage to give feedback. Don’t leave people waiting by the phone - good news or bad. Help. If even for self interest - you never know where they end up.
3. "It's easier to fool people than to convince them they've been fooled" - Mark Twain. If around long enough, you'll lose an employee, a prospect, a deal or a partner to dishonesty. It's best to take time working to "unfool" them as nobody likes to admit they've fallen for a deception….at least not right away.
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By Tony Knopp
5
11 ratings
Three Things I Learned In Saas, Sports Tech and Live Events:
1. The dramatic increase in the consumer savings rate - from $2.7T to $4.6T- is leading live events companies into a new "Roaring 20s," at least that's what they're pitching to investors and financiers as seen in the below linked Vivid Seats pipe deck. The plan calls for 2x-3x as many live shows in the coming 18 months which, if bought, would normalize the savings rate. It's a spring for market share we're all about to watch.
2. Live events are rushing back and staffing up quick. It's a stampede. Hiring managers, remember the experience from the other side. When they didn’t call us. When we couldn't get a chance. When we didn't have a way in and tried our best with a cold outreach. Return calls. Return notes. Have the courage to give feedback. Don’t leave people waiting by the phone - good news or bad. Help. If even for self interest - you never know where they end up.
3. "It's easier to fool people than to convince them they've been fooled" - Mark Twain. If around long enough, you'll lose an employee, a prospect, a deal or a partner to dishonesty. It's best to take time working to "unfool" them as nobody likes to admit they've fallen for a deception….at least not right away.