We are looking to bring on another talented hire to join the WebStreet Investments team starting June 2024.
While the role will require you to put in some hours during US time zones, the role itself is location independent, allowing you to work and live anywhere in the world. Whether it’s a beach in Bali, the side-streets of Tokyo, or a villa in Mexico – the choice is yours.
You’ll be plugging into a network of business professionals who invest, buy, and run successful, profitable online businesses. You’ll be working with other driven professionals and mentored by a management team that truly wants to bring the best out in you
Job Details
An Investment Analyst works directly with WebStreet operators.
You will be responsible for vetting the track record of successful online entrepreneurs who want to raise funds and operate portfolios with WebStreet. This includes analyzing their current and past business performance to evaluate whether they are a good fit for our program.
You will also be responsible for working with existing operators to help with due diligence on new business acquisitions and generating quarterly performance reports for investors.
If you’re selected, and after a six month probationary period – assuming it’s a good fit for everyone – you will be invited to join our team officially, where you will become a fully fledged Investment Analyst.
What’s Our Story?
WebStreet empowers investors to diversify their investments into passive and cash flowing portfolios of micro SAAS businesses, eCommerce brands, content websites and more.
What’s the Opportunity?
Becoming an Investment Analyst will put you in a critical role at WebStreet.
You’ll be joining a very fast-paced team in a high-growth environment. The work will be challenging and you may find yourself wearing several different hats along the way.
You won’t be another cog in the wheel of some larger corporation. You won’t be employee #30492 looking to skate by and hope that your peers or supervisor can cover for you. You’ll be an absolutely critical player in a company with big expectations and opportunity.
Your work ethic and skill-set will have a direct impact on our growth. You’ll gain access to our Rolodex, receive direct training, mentorship and support, and gain valuable insights into the online business space that no course could ever teach you.
What’s This Investment Analyst Position Like?
While you can expect to work hard and wear many different hats, we’re not terribly corporate. We’re completely bootstrapped, have no board to answer to, and are focused on results, not politics.
When you first come on board as an Investment Analyst, you will start learning more about our industry before jumping into the job. First you will learn about the different types of online businesses available to WebStreet investors. Then you will learn about WebStreet. You will become well versed in all of our processes, from how investments are structured down to intricacies of business acquisitions.
Once you have the basics down, we will train you how to value online businesses and evaluate past performance. You will spend a lot of time working with numbers in Google Sheets. This is not a sales role but you must be very comfortable on the phone and willing to reach out to sellers, operators and partners when needed.
You might be wondering, though … what will your daily work routine really look like once you’re up and going?
Here is a list of daily tasks you can expect (not exhaustive and subject to change):
- Hosting calls with potential operators to discuss their previous or current portfolio performance to understand the potential and risks of their strategy
- Evaluating an existing operator’s acquisition target and helping the operator project investor returns based on different variables such as growth and purchase multiple
- Working with operators and accountants to put together financial statements and quarterly update reports for investors
- Figuring out ways to improve our existing processes to maximize investor returns and create a better experience for operators
- Collaborating with marketing and sales teams to identify and attract new operators to the program
What Skills Are Needed?
We believe in hiring people who are a good fit with us culturally. We want people who are hungry to learn, but also people that will be fun to work with.
While no previous work experience is needed, experience in an analytical role is a big plus. Any background in e-commerce or online business is also helpful. However, we are looking to train the right person, so if you don’t have that experience, don’t let it stop you from applying.
You must be comfortable talking with people. You need to be able to pick up the phone and call someone to work through complex issues.
You need to be detail-oriented. Being an analyst is a meticulous job. You will be pouring through spreadsheets, traffic analytics, and revenue data, day in and day out. It is up to you to spot errors, inconsistencies, or when something just doesn’t feel “right.”
Every day, you will speak with entrepreneurs about scaling businesses, liabilities, and how good certain assets are as an investment. Over time, you will need to be able to spot genuine risks and opportunities with online businesses. You will need to be able to confidently analyze each potential opportunity and make a recommendation. While investing in online businesses can bring great returns, it can also be a volatile space to play in.
We take a consultative approach with investors and operators. We’re not trying to fit square pegs into round holes. We truly believe that the best experience includes transparency – which sometimes means letting the other person know why they shouldn’t do the deal.
You’re a problem solver. Investing in these businesses can be a very important decision and a very intimate experience for entrepreneurs. That means you will face obstacles and challenges. It will be up to you to make sure those challenges are met head-on and solved for all parties in the deal.
You’re excited about expanding the WebStreet brand. We love hiring people that are passionate about the online business industry. We want you to be on board with our mission, participate in industry conversations, and get people excited about working with us.
What’s the Lifestyle Like?
Our company is built on a culture of remote work, travel, and living life on your terms. Being a location-independent full-time position is one of the many benefits!
We aren’t going to chain you to a cubicle. You’ll be free to work anywhere in the world that serves you best. The choice is yours. You won’t be some badge number in the corporate machine. We will want your input and insight. As you gain more experience, we are going to rely on you to make our process better and smoother for our investors and operators.
We require all new hires to work in-person with their manager and team for at least a month to get up to speed quickly and create a close knit group. After that, employees are free to live anywhere in the world. For this position we will be hosting a 1-month in-person training in Thailand with the WebStreet Investments Team. The in-person training is required so please be sure you are able to attend before applying for the job.
Our company holds biannual meetups where we gather in a fun location and collaborate over the latest projects and ideas. The purpose of the meetups is team building – we make sure there are a variety of activities outside of company presentations and breakout sessions. In the past we’ve met in Colombia, Argentina, Thailand and even on a cruise in the Mediterranean!
For the first 6 months, you will be paid $3,000 USD per month during the probation period. After 6 months, you will be gradually introduced to our compensation plan and will have paid international healthcare coverage. Within 12 months, you can expect to be earning $60,000 – $80,000 USD per year depending on performance. With this being a new venture, there is a lot of opportunity to move into management roles with significantly higher pay.
The Details to Keep in Mind
Remember, we’re not going to throw you into the fire right away. As you get better acquainted with our company and processes, you will dive into tasks, starting off with plenty of guidance and later working more independently.
Our team will review every application that comes our way. If you’re a good fit, we will schedule an interview. Typically, we do two - three rounds of interviews before we decide.
The cut-off date for applying is April 20th. Applications will be reviewed as they come in so apply early. Expected start date is mid June.
If this all sounds overwhelming yet exciting to you, then apply! You might be surprised how perfect you are for this role.
How Do I Apply?
Here is the sequence of events we use when hiring our new team members:
You record a short video explaining who you are and why you’re a good fit for the position, fill out an application, and submit it by April 20th. We review submissions and schedule interviews throughout April, looking to make a final decision by mid May.
Video Requirements:
We will only accept submissions that include a YouTube, Loom or Google Drive link to a video. Please leave the video “unlisted” in preferences and share the link with us. The quality of the video doesn’t matter, and there are no bonus points for editing. We simply want (up to) three minutes of you explaining (based on your previous experience):
- Why this position is an excellent fit for you and us
- Why you think you’re a good fit to work with our operators
We have a no side project policy: we do not allow any ownership, association, or affiliations with online businesses or websites. If you are the owner of an online business, then you will be expected to either sell the business before you join us or sunset it upon accepting a job offer from us. If you are not comfortable with this, please do not apply.
A background check is required.
