JobStrap is a non-profit organization that:
- Funds a substantial part of its operations
through
JobStrap Workforce
SM by generating revenue from
recruiting and employment services that are offered to employers and job
hunters.
- (a) Delivers sustaining income to
self-funding entrepreneurs "bootstrappers" accepted into the JobStrap
Self-Fund Program by delivering contract work opportunities that pay
90%-100% of the negotiated market rate [Note: standard industry practice
is for an agency keep 40%-60% and payout the remainder to the contract
worker].
(b) Obtains and optimizes work contracts to meet the unique financial and time constraints of bootstrappers.
(c) Provides health insurance.
- Creates an accountability structure for
bootstrappers that accelerates the maturation of their startup; delivers
startup milestones reliably and with velocity; and dramatically increases
the rate of market successes.
- Is an advocate in both public and
private sectors to: build awareness of the economic development benefits
of bootstrapping, to remove employment barriers, and to dissipate the
stigma and perceived risk associated with hiring bootstrappers.