Revenue

Revenue Model and Operational Structure

JobStrap has been designed to have a self-sustaining revenue model. The founder was inspired to create a social profit venture that was not dependent on grants and donations.

At first, the organization was envisioned as a for-profit, a "social venture". That decision was changed after additional consideration was given to the merits of a non-profit legal structure. The driving intention for creating JobStrap was to solve a very real problem of unmet and underserved needs of bootstrappers. The founder's passion for creating this solution informed the decision to create JobStrap as a non-profit entity. As a non-profit there would be more funds and resources available to acclerate growth, create more economic impact, and to fuel new initiatives.

JobStrap's revenue model:

JobStrap uses the revenue generated from recruiting and employment services as its primary source of sustaining funding. The revenue generated is used to fund the critical needs of bootstrappers. These are:

Sustaining income to bootstrappers. The revenue generated by JobStrap is used pay the difference between the negotiated market rate and what would normally be left over for the new hire. Current market rates for contract job placement will deliver only 40% to 70% of a contracted hourly rate. White collar professionals receive on average 50% of their market rate. JobStrap funds the difference so that a bootstrapper retains 90% to 100% of their contracted hourly rate. JobStrap creates approximately 50% more income flow for the bootstrapper to be used for self-funding and building sweat equity.
Delivering a structure for accountability. Bootstrappers who are accepted into the Self-Fund Program are hald accountable to fulfill their project plan and keep their milestone commitments. They are monitored and assessed on a weekly basis. Each month a progress report is produced and it is provided to the bootstrapper's employer. No disclosure of intellectual property is made unless provided for within the employment agreement. The result that is produced by JobStrap's accountability structure is an acceleration in the maturation of their startups and a dramtically increase in the rate of producing market successes.
Benefits and insurance coverage are provided for (a) Boostrappers who are accepted into the Self-Fund Program. (b) Applicants who meet JobStrap's employment criteria.

Development of Additional Revenue Sources

JobStrap's mandate includes creating new revenue sources and inititatives for the benefit of bootstrappers in the Self-Fund Program. The more work that can be optimized to the individual needs of bootstrappers the more ventures JobStrap can support through its service delivery model. We are committed to providing stable, efficient, and effectively employment that reduces the financial stress caused by:

Self-funding as startup
Simultaneously working two jobs
Creating balance in personal and family life