On this episode of The Small Business Radio Show…
SEGMENT 1 with Eric Ly, starting at 0:00: More and more companies are doing background checks, but the process is a mess. It either takes too long or the information is incomplete. Eric Ly created one world-famous company and he wants to do it again.
Eric Ly is the Founder & CEO of KarmaCheck, a first-of-its-kind company that uses data-driven technology to bring truth, speed, and efficiency to background checks. Eric is the cofounder of LinkedIn, where he served as the chief technology officer. Ly helped launch LinkedIn from a strategic perspective and assisted with the architecture and implementation of specific aspects of the networking and search algorithms.
- Eric’s background as a founding member of LinkedIn & the company’s origin story.
- Why did LinkedIn work when so many other startups, especially in this area, fail?
- What inspired Eric to launch KarmaCheck
- Why some employers don’t run background checks & why this is a problem
- Biggest challenges business owners face in the hiring process
SEGMENT 2 with Joseph Costanzo, starting at 14:15: Most of us have to deal with success and failure in business. But what happens when these things are very public? What happens when your failure lands you in prison?
Joseph Costanzo, Jr. is a well-known personality in the restaurant world. He was one of the most decorated restaurateurs in the United States, winning multiple awards both locally and nationally. For seventeen years, Costanzo owned and operated The Primadonna Restaurant in McKees Rocks, PA. The Primadonna was frequently voted the best Italian restaurant in Pittsburgh, receiving glowing acclaim in local the Pittsburgh Post-Gazette and City Paper as well as national publications like The New York Times, New York Daily News, and Playboy. In 2005, after a targeted public investigation, Costanzo lost his restaurant and spent time in federal prison for tax evasion charges. His story, “On the Rocks,” co-written by his daughter, Maria Palmer, is an Amazon and bookshop.org best seller.
- What motivated Joseph to get into the restaurant industry – one of the most difficult businesses to be in!
- Joseph not only survived, but he thrived in a less than desirable place for a business at a time before social media. What was his secret sauce?
- Most of his employees stayed with him for the duration of his tenure at the restaurant. What is Joseph’s piece of advice on employee retention?
- One of Joseph’s highest moments during his restaurant’s 17-year run & his favorite celebrity customer at the restaurant.
- In 2005, Joseph faced a public investigation and his success came crashing down. What happened?
- Why Joseph and his daughter decided to write a book about his story and what he hopes readers will learn.
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