Yige Ma – Buziebee

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Buziebee is a project-based marketplace that bridges the skills gap between education and employment by connecting talented students with businesses. Buziebee is tackling the youth unemployment ‘catch-22’ problem and enabling the next generation workforce.

Businesses can obtain on-demand help from best college talent in Australia, test-drive and build a pipeline of emerging talent for future employment, and enjoy the flexibility they need to grow while saving time and money.

Projects provide opportunities for students to utilise their skills and obtain work experience to be more job-ready, build professional networks with hiring managers whilst at university, and earn extra income from work that can easily fit into their schedules.

You need experience to get a job, but you need a job to gain experience at the same time, that is the big problem. There is a giant skills gap between what colleges produce and what employers want – and that is the place that we are. 

Tell us a little bit about your idea and what made you decide to take the plunge and make it happen?

When I was tutoring at university I saw many students struggling to find jobs after graduating due to a lack of relevant work experience. Even in my own experience – I did an honours degree in accounting with a near perfect GPA and I was expecting to land a great job when I graduated. But in reality this is not the case – people always ask for relevant experience first. You need experience to get a job, but you need a job to gain experience at the same time, that is the big problem. There is a giant skills gap between what colleges produce and what employers want – and that is the place that we are. 

Previously I was working for tier-one consulting firms as a management consultant and it just came to my attention that there were lots of projects where businesses didn’t actually need consultants to complete the work – they could have got talented students to help and save costs. So why can’t we connect these eager students with businesses in a mutually beneficial way?

Can you please explain your business model?

It is free for both businesses and students to sign up. Projects are free to post and apply for.

Only a small fraction of the project value (10% from the student side and 10% from the business side) applies upon completion of the project work, provided businesses are satisfied with the work.

For example:

  • Project Value = $200
  • The business deposits $210 after selecting the ideal candidate to commerce the work.
  • Upon completion of the project, the student receives $190.

What are you working on right now and what are you most excited about in the next year?

Our public beta was launched in late March. Currently we are focusing on growth. We are partnering with top MBA schools at the moment to launch some MBA-exclusive projects. We’re also talking to targeted businesses for new projects. 

How do you make ideas happen?

We want to create something valuable to the wider society. That is our mission and motivation. A project can potentially change one’s future – and we have already been seeing such cases happen.

What does your typical day look like?

Meetings and more meetings…

What challenges have you faced when starting or growing a business/organisation in Australia?

Educating users – since we are proposing something innovative to challenge their hiring process.

What is one idea you are willing to give away for free? 

Always stay focused

What people/companies/organisations do you think are doing really cool stuff in your industry, in Australia at the moment?

I’m a big fan of Canva.

OpenLearning is also cool, since it is changing the education world with big potential.

What about internationally?

HourlyNerd.com is something very similar to what we are doing but in the U.S.

What role do you think business can play in affecting social change?

Innovation.  

Are there opportunities for people to get involved with your idea (e.g. are you looking for funding, interns, marketing help)?

We’re always looking for passionate individuals who want to be involved to make the world a little bit better.

Funding is also our next focus.

We’re aiming to build a community of Australian idea makers helping each other. If you could have one question answered about startups, marketing, social media, accounting, monetization, product development etc. What would it be?

What’s the best advice on building an online marketplace?

What’s your favourite bar/café/restaurant?

Mojo record bar if you want to escape from the boring corporate life and get some music inspiration.

 

Learn from over 100 Australians making ideas happen.

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