What We Can Do Together...
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Become a Shareholder and Cofounder of The Future of Hiring & Professional Training
For Hirers… A fast, reliable way to know if candidates can deliver amazing work, are reliable, a cultural fit, have that xFactor, and can deliver that extra 10%.
For Talent… An even shot. Win jobs with great local businesses, fast growing startups and the biggest brands… and get trained to be and remain in the top 1% of talent globally.
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The Problem, Solution, and Mission
The reason this innovation is needed, how many people it affects and why this solution will be 100,000 x better than what’s currently available.
THE NEED
The Problem
For Hirers - Especially Startups and Small Businesses - they don’t have the time, hiring experience, staff or budget to hire great talent. Recruiters charge 15 - 40% of first year salary ($15,000 - $50,000) + add 50% to contracts + they don’t vet the talent.
For Talent - The entire system is rigged against them. Where did you work last, where did you go to school? This leaves 99% of the amazing talent struggling just to get to an interview.
The result - The wrong people hired and the best talent never making it past the automated resume filters.
THE MARKET SIZE
Size of the Problem
Job Openings on LinkedIn in the U.S.
1.3 Million Marketing Jobs
1.35 Million Sales Jobs
1.2 Million Design Jobs
1.4 Million Engineering Jobs
500k Project / Product Manager Jobs
Roughly 20,000 People graduate from Ivy League schools each year.
That's a gap of 6 million people for new jobs created each quarter - leaving companies with a problem in retaining talent and having to figure out how to identify and vet the best of the available talent to fill open roles.
The Gap
The Wrong Solutions
1. Higher Ed. system fails all but the 20,000 in Ivy League schools with curriculum that is generic, out-dated and doesn’t teach the critical skills: problem solving, communications, and people management.
2. Recruiting Agencies charge insane fees for unvetted talent.
3. Applicant Software use keyterms (last job, school) - eliminating some of the best talent without an interview.
4. Hiring Process use generic job descriptions, is managed by unqualified team members, and is rushed or glacially slow.
The Vision & Mission
Vision, Values, Commitment
There's nothing more important than our why - and how that informs our commitment to the people we set out to serve with Tryouts.
Vision A solution that eliminates all of barriers to (1) becoming top talent in any choice of career and (2) getting an even review and shot at the top jobs in the world.
Values and Commitment Everything we do at Break the Wheel has a focus on who we serve and are fighting for. We are here to kick down the doors and fight for those that can't do it for themselves. The people that don't have the resources and access to get that first job on the resume or the advanced training to be at the top of their field.
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The Business
Below is an intro to our business model and market. We also provide regular updates on business progress and provide weekly open Q&A sessions where we discuss the product road map, business progress and more.
REVENUE
Business Model
We make money in 2 ways:
1. A small monthly Talent subscription of ($5) - for ongoing training and professional development + access to the growing marketplace of Open Tryouts.
2. A monthly Hirer subscription ($299 x open role) - that provides access to the Proven marketplace as well as unlimited candidates vetted by going through their custom Tryouts.
TAM
Revenue Potential
1.35 Million Technology Startups Worldwide
In the U.S alone there are:
1.3 Million Marketing Jobs
1.35 Million Sales Jobs
1.2 Million Design Jobs
1.4 Million Engineering Jobs
500k Project / Product Manager Jobs
Each year in the U.S. - 2,000,000 graduate from college - unprepared to compete with best in the world.
Win the War
Operations Plan
While we aren't going to expose all of our give unique tactics for market adoption - we will provide the framework we use - developed by the Break the Wheel founder - whose led several teams generating over $100m in ARR. There are 2 elements to this framework: Most likely customer (MLC) + Direct Line of Site (DLOS)
MLC (1) tried and paid for mirror alternatives to achieve the same end goal (2) tried and paid for non mirror alternatives to achieve the same end goal (3) extreme pain this solution could relieve - but haven’t paid / tried any mirror / non mirror alternatives
DLOS - direct line to reach them on a very targeted basis where I know they meet a MLC criteria
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The Team Background
Tryouts (a Break the Wheel company) was founded and is operated by serial entrepreneurs and operators that have built, scaled, and sold 7 companies in media, fintech, SaaS and big data.
91M
customers acquired
$6.8B
lifetime value
These are a few of the organizations our founders invested in or worked with or for as founders, employees or consultants. These companies are not investors in or partners of Tryouts.
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FAQs
What do I get if I back this innovation?
You get a profit share based on 2 things, 1 - how much you back it for today and 2 - how many people you refer. The profit share provides you with a commission for any person referred and a bonus in an exit or an IPO.
What happens if this innovation doesn't succeed?
That can happen, but we take steps before bringing innovations to this stage to ensure that doesn't. There are many concepts that never make it out of the idea and market validation phases. But - if it doesn't succeed - we will provide access to any 1 of our succeeding projects for free for 1 year as a thank you for your support.
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Achievements, Updates & More
Follow us for all of the achievements to date, individual updates and weekly reports and details of our operations.