The matchmaking industry

The current state of the matchmaking industry from an insiders perspective

It’s 2018 and I can officially say I am obsessed with being a matchmaker. It’s incredibly hard to believe that I have been running my niche business since December 2003. I will never forget the day that I walked into my former boss’s office at Merrill Lynch and told him I was quitting to become a professional matchmaker. I think his head fell off and rolled across the floor in shock. But it was the right move. I wasn’t happy in financial services. It was neither my calling nor what I was meant to do. I knew deep down in my core that I would start my own company one day and succeed at it – I believed in myself. In the same vein, and at the beginning of another year, I encourage you to believe in yourself. To achieve your dreams, whether professional, personal (e.g. meeting an exceptional life partner), or a combination, you need to believe in your ideas and have a solid confidence.

 

I am writing this particular blog entry to address the state of the matchmaking industry, as I see it. I’d like to think I have a good sense of, and some deep insights into, this space.  My livelihood is my business – I have been at this for 14 years, it runs deep in my blood, and it has been an integral piece of my life’s journey. At the beginning of a new year, I want to share my thoughts with all of you.

 

Not to sugarcoat anything, I have been very disappointed reading the press coverage of many matchmakers over the last several years – last year’s news, in particular, struck a chord with me. Something is just plain wrong with so many of the “high-end” matchmakers and “not so high-end” matchmakers out there – the vast majority of them are volume-driven businesses who’s business ethics are very questionable.

 

As a business owner, I have learned some of my greatest lessons over the last 14 years. A big one is not to take someone on board as a client if I can’t deliver. Seems pretty basic right? Contrary to this principle, matchmakers for the masses (and those handful who claim they are “elite” but have zero filtering or curation), are extremely focused on total revenue. I get it. It’s so tempting when running a business, whether big or small.   BUT I can proudly say that I have worked extremely hard via science (my database) and art (my heart and intuition) to truly “cherry pick” the best of the best clients whom I know I can match and with whom I know I can work. Emphasis on whom I know I can match!

 

Thus, one of the most critical distinctions between Linx Dating and pretty much any of the dating services available domestically and internationally is that we actually turn away a lot of incoming demand. To reiterate, why would I turn away these prospective male and female clients who can help me increase my business revenue? For starters, Linx prides itself in representing a very select group of clientele. There are other matchmakers that make these claims, but I can assure you that the majority of these firms have a revenue model that basically requires them to take all of the business that comes through their door. It is precisely THIS model that gets these other business into serious trouble when they cannot deliver results. In addition to this, a large complaint is that when the matchmakers work with so many clients, it is extremely hard for the client to feel any connection to the team or that anyone really knows or remembers them.

 

The news that I have been reading, and the stories that I keep hearing, involve nasty lawsuits where disgruntled high profile clients file claims against matchmakers time and time again. What are the root causes of most of these cases?

 

  • Matchmakers taking on clients that they probably should not have.

For example, some clients will never be satisfied under any circumstances. Maybe they have unrealistic goals, or haven’t really thought about the most important qualities they want in a match, and this makes it impossible for the matchmaker to ever deliver, as they in search of glorified unicorns that do not exist.

 

  • Due to (1), Matchmakers are under pressure to make introductions that are often so patently “bad” that the client freaks out at the quality of match.

 

“Bad” could be a long list of reasons, with characteristics ranging from undesirable to unacceptable: e.g. the introduction is unemployed, a drug user, a sex offender, convicted criminals….the list goes on and on. Firms do these set-ups like this with random people to meet the quota of introductions for the client. It is a very bad, often times unethical, business that makes this industry at large look bad!

 

I have never been consumed by trying to grow my business to some massively large scale operation and becoming a victim of image, keeping up with the Joneses, or trying to be something I am not.  There’s plenty of matchmakers doing PR campaigns posing in front of fancy cars, private planes, using waifish models to bait men, and bragging about the last names of some of their clientele to the media (which is also a breach in confidentiality mind you.) Instead of resorting to these tactics, I have worked very hard to maintain my core values and business standards throughout the years. While no one is perfect and, sure, I have made my fair number of mistakes along this journey, I know I have done and continue to do a superb job of try to make my corner of this industry shine with integrity while staying true to who I am.

 

If it wasn’t already looking so grim, other matchmakers I’ve read about have chosen to launder money when it was meant for donations to charity, or taken all the membership money, and essentially disappear on some island, all while not returning worried clients’ phone calls, and often literally not even delivering on promised introductions.

 

And then there are other matchmakers who loathe the success and positive media attention of their competitors so much that they resort to guerilla tactics that I have had to deal with over and over again in my business – e.g. false reviews posted on Yelp from “people” who were never even clients. “Trying to get everyone to like you is a sign of mediocrity.” -Colin Powell

 

To thrive in business and life, one must be prepared for critics and for those who wish to see you fail. While it can feel very out-of-control in the moment when it is happening, the silver living becomes your greatest blessing. The silver lining is the motive of the competitor. Envy. They recognize something great, likely question “how” such a small, niche business has managed to get to where it’s at, and want to copy its success. There really is no greater compliment than a person wanting to model your success.

 

As you are possibly researching matchmakers to hire, I encourage you to meet with many and do your due diligence. Do meet and greets, ask them questions, see which ones feel right, ask if they offer references (often we cannot, due to the strict privacy policy, but sometimes a client is willing to speak), and most importantly follow your gut. Just like I tell my clients when they are on dates, study your date’s body language, look into their eyes. What feeling are you getting? Is it a good one where your intuition is telling you to keep exploring the chemistry over the course of future dates or does something feel off?

 

The greatest lesson I have learned is never to ignore your intuition. There is a reason we human beings have it. My biggest regrets, and luckily they are few and far between, have been going against my intuition in business hires or in admitting a client or two whom I definitely should not have. So I encourage you to do the same, listen to what your heart and mind tell you.

 

While I continue to try to make a positive impact on the matchmaking industry, I wish you a strong start to your New Year filled with health, peace, prosperity, and clarity into your love lives in 2018!