Nikonomics - The Economics of Small Business

12 - When Insanity Meets Genius: A Wild Business Talk with Jon Matzner

20 snips
May 23, 2024
Join Nik as he chats with John Matzner, founder of Sagan, about disrupting the global talent market. From the Costco model for hiring to leveraging AI, they dive into operational efficiency, financials, and more. Humorous anecdotes and insightful business strategies make this episode a must-listen!
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ANECDOTE

Dog Cremation Text Troll

  • John Matzner's partner texted his brother-in-law about dog cremation plans as a 95% trolling joke.
  • This story highlights the team's unique blend of humor and unconventional thinking.
INSIGHT

Global Talent Market Shift

  • Global talent hiring boomed due to lowered transaction costs with tech advances.
  • Hiring remotely now allows affordable global talent access beyond large corporations.
INSIGHT

High Margins in Staffing Industry

  • Staffing agencies typically charge 35% of first-year revenue or a markup of over 100%.
  • Sagan undercuts this by using a membership model that offers transparent, lower-cost hiring.
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