Selling Internet job listings in booming Asia seems like a cinch.

This is another fine example on how one could be successful online. I mean an online business. This article was in Forbes.com today. May I ask you few questions?

1. Have you got a job?
2. If not where do you find one online?

In Malaysia we will search for jobstreet.com. Well, this is the story about Mark Chang the founder of JobStreet.com

When Mark Chang started JobStreet in 1997, he figured it would earn him a regular paycheck and allow him to be his own boss, but he didn’t expect anything more. Fast-forward ten years: JobStreet is now Southeast Asia’s largest online employment company. It’s growing in Hong Kong and India, and it’s entered Japan.

Who is Mark Chang? Mark Chang is an Executive Director and Founder of JobStreet.com. He has also been its Chief Executive Officer since its inception. He obtained his Bachelor of Science in Mechanical Engineering from the University of Texas, Austin, USA in 1988 and a Master of Science in Mechanical Engineering from the Massachusetts Institute of Technology, USA in 1990.

After graduating from the Massachusetts Institute of Technology, Chang returned to Malaysia and took a job as an engineer at a catheter factory in Perlis, northern part of Peninsular Malaysia. He spent his evenings and weekends tooling around the Internet. In 1995, figuring he was ready to set out on his own, he started Malaysia Online, the country’s first commercial Web site. MOL offered the usual portal services, including online classifieds, and Chang quickly noticed that the job listings were popular. That led to JobStreet.com.

The site’s growth soon bumped into a problem: Malaysia’s then slow Internet speeds were putting off some job seekers. So he wrote software enabling the site to match jobs with job seekers and automatically e-mail them when a suitable opening was posted. That way they didn’t have to keep logging on to the system to conduct fresh searches of the listings.

By 2000 Chang had decided he had too much on his plate with MOL. He spun off JobStreet into a separate company and sold MOL for $3.2 million to Vincent Tan, the chief executive and controlling shareholder of Berjaya Group. He then plowed $2.6 million into JobStreet and began building the site in earnest.

During the early years Chang was basically winging it. “When I started JobStreet, I had no business plan,” he says. “I just thought, ‘I’ll try it for two years and see how it goes.’” His approach worked in his favor as dot-com fever swept through Asia in 1998 and 1999 and Internet consultants and angel investors bombarded Chang with business plans and big ideas.

Read the whole Success story of Jobstreet and Mark Chang at Forbes.com Turning Classifieds Into Cash

Press Releases

2007

• JobStreet.com transfers to Main Board and declares interim dividend Dec 28
• Jobstreet Aims At Japan For South East Asian Job Seekers Dec 6
• JobStreet.com Delivers another Record Quarter with RM 10.56 Million Profit Before Tax Nov 23
• Improving youth’s capabilities and exposure in the employment & entrepreneurship market: 100 graduates benefiting from Employment & Entrepreneurship Career Talk Nov 10
• World Health Organization’s Global Service Centre appoints JobSteet.com for recruitment drive in Malaysia Nov 6
• Recognition, appreciation ranks high among job seekers Nov 5
• JobStreet.com renews eQuest agreement to continue its successful run with global recruitment and job posting distribution Oct 26
• JobStreet.com delivers a strong 47% jump in profits for 2nd Quarter, 2007 Aug 18
• JobStreet.com enters Japan market Jul 18
• Huge demand for talent to fill Information Technology/Computing jobs Jul 12
• JobStreet.com announces intention to move on to Main Board Jun 22
• JobStreet.com delivers strong start to the year with a convincing performance for Q1, 2007 May 16
• SEGI College: SEGi College Launches Internship Programme Apr 12
• JobStreet.com wins top jobsite award in Singapore! Mar 15
• Human Capital magazine: JobStreet.com lands top spot on Hitwise again Feb - Mar
• JobStreet buys 20% stake in leading Hong Kong recruitment magazine Feb 27

To read more Press Releases, go here now.

Technorati Tags: business, business plan, business plans, earn, find a job online, forbes.com, internet job, job online, jobstreet, jobstreet.com, malaysia, mark chang, mol.com, online business, peninsular malaysia, profits, success story, turning classified into cash

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