Recruiting Niche–Simple is Better

by | Nov 21, 2024

When crafting your recruiting message to the marketplace, it’s tempting to try and be everything to everyone.

We tell ourselves: We have better training, better compensation options, better leads, better managers, better culture, better community service opportunities, etc.

Even if this were true (you’re the best company in the world), it’s difficult for recruiting prospects to digest all these ideas. It’s better to focus on just one or two concepts.

More than a decade ago, Netflix set the example on how to build an employer brand on just one idea. Their idea was:

A great workplace is the opportunity to work with stunning colleagues.

When Netflix was a start-up, they couldn’t compete with the stock and compensation packages offered by their well-known and established competitors (Apple, Microsoft, Hewlett Packard, etc.).

To differentiate themselves, they touted running their company like a professional sports team where only the best and brightest, team-oriented players were allowed to stay on the team.

Are you sick of working with brilliant jerks? Come to Netflix.

Are you sick of working with a bunch of low-performers? Come to Netflix.

Do you want to be pushed to rise to a higher standard by your peers? Come to Netflix.

They used this strategy to build one of the highest-performing cultures of any technology company.

Take a page from the Netflix playbook by identifying a recruiting niche that focuses on just one or two advantages that make you uniquely better than your competitors.

 

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Unlock the secrets of effective real estate recruiting. Revised to include actionable frameworks for sharper execution and to help you turn psychological theory into a repeatable recruiting system.

The Attrition Variables

The Attrition Variables

While these attrition constants still have the greatest influence, there are some emerging attrition variables worth noting. People also tend to leave companies when: They feel like they’re not doing as well as others in their peer group outside the company. They feel like they’re not as far along as they should be at a certain point in life.

The Attrition Constants

The Attrition Constants

If you’re not focusing most of your retention effort on these issues, you’ll miss the mark. If you’re not focusing most of your recruiting effort on exploiting these weaknesses among your competitors, you’re missing the best opportunities.

The Persistence Mindset

The Persistence Mindset

A leader equipped with this mindset can have a profound effect on the life and career of each individual they engage. It works because an agent is getting a real-time glimpse of what it would be like to work on your team. But it only becomes believable when it is persistently applied over time.