This story is pretty incredible:
“I created a fake e-mail address to receive all of the applications. Before I published the ad, I hypothesized that I would receive a lot of résumés, and I didn’t want applicants usurping my personal inbox, especially for a non-existent position.
“A lot of résumés” is an egregious understatement.
I published the ad at exactly 2:41P.M. on Thursday. The first response came in at 2:45—just four minutes later. Ten minutes later, there were 10 responses. Twenty minutes later, there were 56. An hour later: 164. Six hours: 431.
At 2:41P.M. on Friday — exactly 24 hours after I posted the ad — there were 653 responses in my brand new inbox. Not wanting to face any more after that, I promptly removed the ad from Craigslist.
As I mentioned earlier, I wanted to gain a full perspective of who my generalized workforce competition was.
As if 653 responses in one day wasn’t enough already to knock me down the proverbial flight of stairs, I decided to sift through each and every application and record some basic statistical data — just to see what I was up against. I collected general information in two basic areas: Experience and Educational Background.”
Wow. There’s more though…Read the whole story here.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.