Business View Magazine - Sept 2023
212 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 9 to take advantage of their network that already exists, and to present the opportunity for them to earn income off of those networks. We essentially found a way to monetize the network that everyone possesses and has spent their life building.” Revolutionizing Referrals and Passive Income Similar to LinkedIn, participants of the Jobvious solution sign up, offering an invitation to their desired network members. A sense of urgency is created by allowing each member to be part of only one network. “If you do not invite the people that you want in your network immediately, there is a good chance that those individuals will be snatched up by your peers and colleagues because everyone’s social circles interact with one another,” maintains Beach, “You’ve got to be first to get those people into your network. Once they’re in your network, they’re in for good.” From there, clients submit contract requests and are automatically matched with network members. When a match occurs, a notification is sent to the network manager. Referred applicants undergo client selection, and if hired, the gross profit is evenly shared between Jobvious and the network manager. For instance, if someone gets a job paying $50 per hour and Jobvious bills at $70 per hour, the network manager gets 50% of the gross profit for each hour worked in perpetuity. “Most contingent labor contracts last anywhere from nine months to two years, where you would receive recurring income every week directly deposited into your account. The gross profit on that scenario would be somewhere in the neighborhood of $320 a week,” Beach relays. “You can imagine that if you have a network of a couple of hundred people in your pool, there is a great possibility that you could have multiple people out on billing at any given time, earning you anywhere from $300 to $1,000 a week in passive income continuously.” A Groundbreaking Concept This revolutionary concept has been met with much
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