The Want Ad Paradox

We all know the story – Networking is the best way to get a job.  Indeed every study I've seen indicates this is true.  I know people whose jobs have come from networking – in some cases, people I helped out.

So you know the drill, Networking good.

However, I also know people that have gotten great jobs via want ads, the whole standard mail a resume thing.  Good jobs.  Career defining jobs.  The majority of their jobs.

So I asked myself about why some people really DO make want ads pay off again and again, and I've come to the conclusion that there's a Want Ad Paradox – and some people manage to navigate it.

The Paradox of Want Ads in a nutshell is this:

  1. Want ads are incredibly inefficient methods of finding employment because everyone applies to them and not all jobs are posted.
  2. Want ads can be low labor to apply for if one is prepared – if you have a premade resume and a generic cover letter you can get resumes out quick.  I once, during a job search covering multiple cities, got out over 80 resumes, and got over 8 initial interviews out of it as well as a few follow ups.

So the paradox is one of inefficiency versus ease.  In short, Want Ads are inefficient, but easy to use.

People effective at using Want Ads are people who have perfected the search process, have a good resume or set of resumes, and a good cover letter or set of cover letters.  In short, they overcome the inefficiency of want ads by being able to get good resumes and cover letters out fast and efficiency.

I'm still big on networking, and frankly think that it's going to get more important over time.  But the Want Ad search, done right, has a place in people's career searches – if they know how to make it work fast and efficiently.

ADDENDUM: I'd also note one advantage of the Want Ad search is you'll meet many recruiters, whom you can network with or find out about unposted and new positions.  That may up the value of the search for people – and ironically turn it into networking.

– Steven Savage

News of the Day 3/25/2010

Toy line/media synergy, Google/China splits, and biofuel leads to green chemicals? It's a day of coming together and coming apart in geeky job news.

Career:
Write your resume with the reader in mind – Some good advice.

Economics/Geekonomics:
Know what we need? More home foreclosures. A very convincing contrarian argument that makes a good case for allowing foreclosures to proceed, and that a lot of foreclosure stoppage efforts are deceptive and unhelpful. I've wondered about some of this, and I think this article has put me firmly in the "managed foreclosure" camp – to not avoid foreclosures, but to make them easier to handle for those going through them.

The evidence pretty much indicates we're in a jobless recovery and it's a big one. Lots of useful charts and easy to understand explanation. Big points – hiring not firing is the problem, demand increases won't fix the problem right away, and a lot of the issue is long-term joblessness/trouble in finding work.

Starbucks has dividends, plans expansion. A sign of the maturing of the company, but also, I hope, a sign of some economic stability – considering how hard they were hit.

Geek Law:
A violent video game ban in Sweden? Maybe. The language sounds vague and this is pretty easy to challenge.

Media:
The Wizarding World of Harry Potter opens June 18th – Somewhere between a ride, a multimedia experience, and a touch of MMO, this Universal Studio feature sounds interesting. Now does it have legs to be worth the investment when Harry Potter has been eclipsed by other properties?

Mattel challenged it's designers to come up with toys that'd be part of a simultaneous film, movie, game, and toy release. Ah, It's like going back to the 80's all over again . . .


Publishing:

Twilight Manga sets many records – Everyone surprised, raise your hands. Everyone who raised your hands – slap yourself for being silly with said hands. Big point here is that this could A) be a gateway to other manga and the books, B) you better believe others are paying attention to this synergy. Give you any ideas for your business, book, etc.?

Technology:
Genomatica gets $15 million in investing – They did biofuels, but moved into green/sustainable chemical production. This may be part of a trend towards green chemicals over biofuels since the biofuel market isn't too hot right now. Something to follow – especially if a green chemical infrastructure makes it easier to swing back to biofuels.

Publishers are big on the iPad – and so are advertisers, who are anxious to sign ad deals. Is the iPad heading for a self-fulfilling prophecy kind of success? Still, it shows a lot of people are interested in the device, and this could be enough to build sustainable content and interest for the iPad – if not tablets in general.

Google is paying the price for it's China pullout, mostly loss of presence on some cell/smart phones made in or for China. Can't say I'm surprised, though some of this appears to be purely economic decisions. I can see this being advantageous for Google since if anyone tries to make nice with the Chinese government, they've just handed Google a way to wack competitors with bad PR – take a look at how Congress slams Microsoft over their Chinese presence.


Theater:

Ten Tips to Survive as a Theater Director – Probably applicable to a lot more.

Video Games:
Zynga jumps into the prepaid card market for it's games.

Writing:
Why your submission was rejected – and what to do.

QUESTION OF THE DAY: With companies desperate for content, are we going to return to the 80's cartoon-toy synergy – only now it'll be mass multi media?

-Steven Savage

News of the Day 3/24/2010

China has a financial bubble? Godaddy leaves China? Facebook and social disease demographics? It's a strange mix of must-know geek news today!

Career:
Make your great cover letter better with research

Economics/Geekonomics:
China has its own financial bubble? Some compelling arguments that China's asset prices, the speculation and investing, actions by the authorities, etc. mean that China, to put it mildly, is going to suffer a downturn that disappoints many investors. Those worries about Greece don't seem as prominent do they? Plus China has its role in the Geekonomy . . .

Media:
Hey movie/culture scholars, PopMatters is looking for papers on Alfred Hitchcock. You know what to do!

Publishing:
YA books are big at the Bologna Fair in the UK – eBooks not so hot. YA certainly isn't slowing down, but I'm getting the impression that "triolgies of YA" books are the big hot trend.

Social Media:
Don't know if this will have legs, but some health experts in the UK are claiming Facebook has led to increases of syphilis in some parts of the UK, apparently as it's used for hook-ups. I await seeing the actual studies, but am concerned that the sensationalism of this story could get it out in the larger world without much context.

Facebook's development platform may have trouble scaling to deal with all the usage. Not good for them and for developers if this isn't improved/fixed. I'm sure some people will blame syphilis.

And Woah. Heyzap lets people turn their Facebook games into embeddable web components – All while retaining most or all of the social media features. Imagine writing a Facebook game and knowing people can also put it on their site, a blog, etc. They're even partnered with Hi5. I want to see how this idea of a "game broker" works out, but it does seem pretty gutsy.

Technology:
Someone got some sweet funding: Akorri, an infrastructure management company raised A bit over $10 million – Infrastructure is big, they're in Massachucetts, you know what to do with a resume. Plus Flash-widget maker Wix got $10 million in funding as well – though with the Flash/HTML 5 wars I wonder how their business model will go.

GoDaddy will stop registering domains in China, following Google's leads.

Video:
Fox Mobile reveals Bitbop, a subscription video service for smartphones. Something else to watch to see if it sets trends one way or another. It feels like we're back to the video side of The Everything Wars as of late . . .

QUESTION OF THE DAY: How do you think people will respond to Heyzap?

-Steven Savage