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7 recruitment startup tips from recruitment entrepreneurs
Here are 7 recruitment startup tips from recruitment entrepreneurs. 7 tips that might just help you, an ambitious recruiter, further understand what it takes to start & run your own recruitment agency.
Because after all, there’s no denying that starting & running your own recruitment agency can be a daunting, challenging & unnerving journey; so why not hear it from the horse’s mouth?
Why not hear it from a handful of exceptionally talented & ambitious recruiters who, at some stage or another, were sitting right where you are now? Well not literally speaking of course (that would be a little odd, don’t you agree?).
We mean metaphorically sitting where you are today; an experienced recruiter who, perhaps for the last few months or even the last few years, has thought about the idea of starting their own recruitment agency.
So, what startup tips do these exceptional entrepreneurs suggest?
Sounds obvious right? But despite it being arguably the biggest move you’ll ever make in your professional life, sometimes recruiters simply don’t take the time it deserves to conduct their research into the most suitable, sustainable & effective recruitment startup support network to help them.
Our advice? Take your time. Take a look at what’s being said about the companies you’re talking to on LinkedIn, on Google & even on recruitment forums you may be a part of. Could you even reach out to business owners that have worked with that particular company before? Are they raving fans or keen advocates for you to look elsewhere? Do your research.
“I know I can do a better job”
It feels narcissistic, it feels arrogant, it feels rude to suggest that you can do a slightly better job than perhaps your current employer but it’s often one (of the many) catalysts that cause recruiters to seriously explore the idea.
Our advice? It’s OK to feel that way; & if you’re unsure, go through some scenarios where you feel you would have conducted things differently if it were your own business. What were the situations & what would you have suggested? Talk to peers that you trust about those particular scenarios & see if they agree with your thought process.
Recruiters start their own recruitment agencies for a whole host of different reasons. However, the themes are often very similar; they could be financially driven, they could be driven by the desire to build your own asset; they could be driven by the pride attached to running your agency; they could also be driven by the flexibility that your own recruitment vehicle can give you.
Our advice? It’s one thing knowing what you’re looking for from your own agency, it’s another thing really understanding why that’s important to you. For example, what are you hoping that flexibility that starting your own agency will provide you, will give you? & more time to binge watch your favourite shows in Netflix might not be the best reason!…
Recruitment consultant. Recruitment business owner.
There’s a difference. & a big one at that. One of the most challenging (& often unspoken) aspects of that transition to business ownership is how your role as a recruiter changes.
Our advice? Nothing is more important that those 3 special words… Make. A. Placement. But there are key responsibilities that you, a recruitment business owner, now hold since you made the leap to start your own recruitment agency. It’s important to understand what they are & what they entail before making the jump.
66% of Isotopes client base offer a temporary/contract solution within their agency from Day 1 of trading. & therefore, ensuring you have the right facilities (& not just “any” facility) in place for your contract solutions is not an area that should be overlooked. It should be understood, tested & c constantly reviewed, much like any other third-party supplier into your new agency.
Our advice? Engage with a team that can offer impartial advice for what facility you & your business actually needs. Despite what people may say, every solution is different & therefore there will be a solution out there for you & your business requirements. It’s just a case of knowing where to look!
Without consistent placements within your new recruitment agency, your business will simply not survive. Obvious, we know. But there 2 other “Ps” that are important in the longevity of your recruitment business. If placements are the foundations, then these two are the walls & roof!…
Our advice? When developing a forecast within your business for your first year of trading, be mindful that there are other elements within your business that you need to ensure you get right. Remember if placements are the foundation…
Michael Jordan famously quit basketball in 1994 to pursue a career in baseball. The greatest player to ever play the game, he left basketball to give his childhood sport a go; &, for someone who has never played the game of baseball, he didn’t do too badly!…
Part of that was talent, part of that was the team he had spent time building around him.
Our advice? Even the greatest recruiters need a team around them when venturing out into a new area of the industry – business ownership. You wouldn’t be thinking about starting your own recruitment agency if you weren’t an exceptional recruiter, right? So why not ensure you have the right support around you to help you navigate this new phase of your career?
After all, you know what they say… Be Like Mike.
Blimey, what a big question.
There are so many things you might be pulled to do after reading through the above. One could be having a chat with the team at Isotope? Perhaps in reading through the above & hearing some recruitment startup tips from seasoned recruitment business owners who, at some stage or another, were sitting right were you are – tentatively toying with the idea of starting their own recruitment agencies – you’ve felt pulled to explore the idea more fully. If that’s the case, why not have a chat with one of the team today & take the first step in your own recruitment startup journey?
What’s stopping you?
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