The Trump card! Here’s how to play it if you want to start your own recruitment business.

The Trump card.Here’s how to play it if you want to start your own recruitment business.
We couldn’t resist getting a bit topical! Mr Trump’s victory in the USA election may be something you approve or not.

It’s certainly got people talking and at the root of much of the controversy is the fact that he’s not a politician.

Put it another way, what’s happened is that a businessman has taken over the running of the country. Now that’s a big thing by any standards. And it sort of puts into perspective the idea of a recruitment consultant actually running a recruitment business. By comparison that’s not such a big step!

But, it is still a leap, and it does beg the question, can you do it?

There’s no reason to assume that you don’t have the necessary experience. You’re almost certainly running a busy desk, or team, right now. Without some kind of track record you’d not be even thinking of starting on your own.

You’re probably feeling a bit frustrated with being an employee; putting in the hours, hitting the targets – but somehow not seeing the rewards. It’s not uncommon.

So, you start to think about setting up your own recruitment business. Now come some big questions. OK, they’re not as big as establishing America’s foreign policy or stabilising the dollar on the international markets, but they can be quite daunting. You need to arrange backing and finance. And you need to arrange it so that you’re ready to handle the short term cash flow problems of the first few months.

Apart from outgoings being bigger than the income in that start up period there are the initial costs to deal with. Offices, staff, computers, furniture. And systems. You’ll need road tested, industry compliant software from day one.

There’s your marketing and branding to plan, and of course the necessities of legally forming your business.

And you’ve got to do it all without the security of that salary at the end of the month.

Taken all together, those challenges often put people off the whole idea.

But, there is a ‘Trump Card’ – and here’s how to play it. Talk to us.

At Recruit Ventures we have a business model aimed at professionals just like you. If you’ve got five years overall experience in recruitment and 3 years track record in your current role, we can help. We’ll provide you with 100% funding, a guaranteed salary, no personal financial risk and access to a full back office support function to help you start up your own business.

That’s a card worth playing isn’t it? There’s no campaigning, no nail biting election night. Just a well supported step from consultant to business owner. You could call yourself ‘President’if you like!

Contact us on info@recruitventures.com

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Could starting up your own recruitment business remove your biggest worries?

Could starting up your own recruitment business remove your biggest worries?

I think possibly the answer is yes! Let me explain.

A recent survey, within the recruitment industry, has revealed that stress is one of the biggest factors in being unhappy in your job. Further analysis revealed the biggest causes of that stress. The two biggest culprits are – lack of resources and support, and lack of leadership.

Now, it might at first glance appear odd for me to suggest that starting up your own recruitment business is the way to a stress free working life. It does bring challenges, and it can get stressful. But, you’d be the boss; your own boss, so ‘lack of leadership’ should not really be an issue for you. Should it?

To do it though, as you’ve probably thought quite often, you’ve got to say goodbye to the salary, and the security, such as it is.

But then you’ll also be saying goodbye to the stress of running your busy desk, or leading a team. Hitting the numbers. The numbers that someone else sets as targets, and somehow never quite rewards you when you meet them. You’ll be bidding farewell to the worries and frustration over seeing resources put in to places that you see as secondary, because you know where they’re needed more, and where they’d be more productively deployed.

In other words, just as the survey suggests, you could be stressed, largely because of lack of support, resources and leadership.

So, with your experience, maybe you should start up on your own. Except of course you see that as a stressful move too. Is it frying pan into fire territory? You need to find the finance. There will be premises to sort out, staff to find and your branding and website to get organised. There’s the big one – how do you get over the cash flow stress of the first few months when outgoings are going to be higher than income?

Does it have to be that stressful? This time I’d venture to suggest that the answer is no!

At Recruit Ventures we have a business model aimed at professionals just like you. If you’ve got five years overall experience, and 3 years track record in your current role, we can help. We’ll provide you with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support you start up your own business.

Now that would take the stress out of starting up, wouldn’t it? And you’d have removed those stresses that are dragging you down in your job (the statistics tell us). To top it all, you’d be the boss. Leading the way you think a boss should lead.

If you’re serious about starting your own recruitment business, don’t stress about it. Contact John on info@recruitventures.com

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Here’s a thought…

Here’s A Thought For Those Thinking Of Starting Up A Recruitment Business
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“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” –Jeff Bezos, Amazon Founder and CEO

When it comes to business, never was a truer word spoken. It would indeed be a sad thing to wake up one day and realise that you regret never taking that step, running that risk, and doing what you always thought you should have done. Never trying.

I fear that there might be some recruitment consultants out there who will feel that one day. The recruitment business is full of talented, experienced, entrepreneurial minded people who feel that they’d like to start their own business. Many of them do. I can testify to that. But lots don’t. They keep on saying ‘maybe next year’, or they put out some feelers, do a bit of research and then become daunted by the challenge and let it lie.

The reasons they want to do it are usually a mixture of being frustrated by their job, wanting to control their own future, and to run a business their way. And of course to feel better rewarded for their work. To make some money.

The reasons they stop trying to do it are another mixture. They can’t raise the finance, or they get nervous at not having that regular pay cheque from an employer. Get it right of course and you’ll be drawing a regular pay cheque, and hopefully a handsome one, from your own company. But, it can be daunting to leave a salaried position and go through the nervous months of a new start up. So they don’t try.

Sometimes the entrepreneurial spirit fizzles out because people suddenly realise that all those systems, all that software, that they use every day won’t be there in their own company. Well, not unless it’s paid for, which brings us back to finance. This worries them… so then they don’t try.

There are then the ones who are bursting with ideas, good at what they do, and more than capable. Which is why, when they say they’re leaving to start up on their own, their bosses lure them back. Suddenly it’s comfortable to stay and somehow not worth trying.

Or, instead of luring them back their employers use every bit of small print there is in their contracts to make it difficult for them to leave and even more difficult to start up on their own. So again they stay put. And don’t try.

And of course there’s Brexit, inflation, the state of the local economy, the state of the national economy, leaves on the track and a million other reasons why it’s best left to next year. Which usually becomes never.

The reality is that if any one of those who didn’t try had found a really straightforward, all embracing package of help they would have done it back then.

Which is where we come in. At Recruit Ventures we have a business model aimed at professionals just like them. Just like you.

If you’ve got five years overall experience, and 3 years track record in your current role, we can help. We’ll provide you with 100% funding, a guaranteed salary, no personal financial risk and access to a full back office support function to help you start up in business.

Why wouldn’t you try?

It is a big step. But you can only make it work if you try. Jeff Bezos tried. And it’s fair to say it was worth it! Remember that the next time there’s a brown paper parcel on your doormat, from Amazon.

If you want to try, email me at info@recruitventures.com for a confidential chat.

You can also find out more about Recruit Ventures business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

It’s all about you.

This is your dream, your ambitions. This is about you deciding that with all your experience, your market knowledge and your passion, it’s time you did it your OWN way.

Starting Up Your Own Recruitment Business

It’s All About You!
Of course it’s all about you! This is your dream, your ambitions. This is about you deciding that with all your experience, your market knowledge and your passion, it’s time you did it your OWN way.

Started earning for yourself rather than seeing your efforts reward your employer.

It’s about your style too. Admit it. You’ve long thought that you have your own ideas on how a recruitment consultancy should be run. Ideas on how to deliver a better client service. Plans for a really smooth candidate experience.

The fact is it is all about you in a very real sense.

Let’s explore the routes you’re most likely to take. First, you set up on your own, running it from home. You become a ‘bedroom recruiter’. Lots of people are doing it. But this way it’s entirely about you. Because you’ll be doing everything! The sorting out of finances, the setting up of even the simplest of systems, the admin. And that’s before you’ve even got to seeing clients, finding new business and talking to candidates. (While you’re spinning all those plates you’ll also be juggling the cash flow of course!). It’s all down to you.

Or, secondly, you set up something a bit more substantial. You rent an office and with a sound business plan in place (you have written the business plan, haven’t you?) you set about all the other things you need to do. Things like finding and hiring staff, which even recruitment people have to do! And when you’ve assembled your team it’s still all about you. You’ll have to lead them, drive them, enthuse them. You’ll have to make sure that they work the way you want your new business to work. Get them, and keep them, ‘on brand’. Your brand.

And, at the risk of repeating myself, that’s before you’ve even got to seeing clients, finding new business and talking to candidates.

You see my point? The business being ‘all about you’ because it’s your baby, dream, is really exciting. But your baby is going to need looking after, and if you don’t have the support you need you won’t have the time and freedom to do what you do best – which is …….Seeing clients, finding new business and talking to candidates.
This is where we come in. We help recruitment professionals set up their own businesses. At Recruit Ventures we have a business model that provides 100% funding, a guaranteed salary, no personal financial risk and access to a full back office support function to support start up recruitment businesses.

It means you’ll have the freedom to concentrate on growing the business. To get on with realising your true ambitions.

So, if you’re a recruitment professional, with five years plus experience, and ideally a good three years in your specialist sector, and you want to start up on your own, we can help.

If you want your new business to be all about you – in a good way – email me John Buckman on info@recruitventures.com

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

I give you credit but will everyone!

Thinking of starting your own recruitment business. Good on you. I give you credit for that but stop and think for a moment, because it’s possible that you might not find getting credit from other people quite as easy.

Starting Your Own Recruitment Business
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I Give You Credit, But Will Everyone?
So, you’re thinking of starting your own recruitment business. Good on you. I give you credit for that.At the risk of putting a damper on your plans though, you need to stop and think for a moment, because it’s possible that you might not find getting credit from other people quite as easy.

I’m not saying that you won’t be congratulated and thought well of by your colleagues, friends and family. I’m sure they’ll all wish you well. But when it comes to credit in the financial sense you may well find a problem.

Have you noticed how ‘credit aware’ the world has become? You’ll have seen tv advertising for credit checking agencies, and advice on how to improve your credit score. That’s something that would have been unheard of a few years ago. Finance people are very careful when it comes to extending credit – to anyone, let alone a startup business.

And of course there’s that other trap. Supposing you’re the sort of person who has no debts. You’ve never borrowed money before. Ironically, that won’t help you. If you don’t have a track record of borrowing money, and paying it back, lenders don’t like lending to you.

On the other hand, if you have borrowed lots of money, and even if you’re paying it back promptly, they don’t like that either. They’ll see you as too stretched.

But, of course, you’re going to need credit to set up your business. It’s possible that you’re sitting on a ton of cash, in which case, fine. In reality though, it’s fair to assume that, like most people, you’re not a cash rich millionaire. Which means that when you start up, you’re going to be in a period of more outgoings than income. At least for a while.

And those outgoings aren’t going to be fast cars and a faster lifestyle. Well, not if you’re sensible anyway. They’re going to be (sensible!) company cars, mobile phones and their contracts, computers and office equipment, and of course the highly likely finance charges for a loan. If you can get one.

Which brings me back to my point. You will need credit. And it might prove difficult to find.

That’s one of the reasons we do what we do. Which is help recruitment professionals set up their own businesses. At Recruit Ventures we have a business model that provides 100% funding, a guaranteed salary, no personal financial risk and access to a full back office support function to support start up recruitment businesses.

It means you’ll have the financial room to breathe, allowing you to concentrate on growing the business, even during those challenging first months when the financial pressures can be demanding. And you won’t be spending your time trying to arrange credit.

So, if you’re a recruitment professional, with five years plus experience, and ideally a good three years in your specialist sector, and you want to start up on your own, we can help.

Going it alone is a big, exciting thing. I give you credit. Email me John Buckman on info@recruitventures.com

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Why are so many recruitment professionals a failure in the bedroom?

Don’t panic! I’m not suggesting that the stress of working in recruitment can have a serious effect on your ‘personal’ life but recruiters who start up their own business in their spare bedroom, and then sadly fail.

Why Are So Many Recruitment Professionals A Failure In The Bedroom?
Don’t panic! I’m not suggesting that the stress of working in recruitment can have a serious effect on your ‘personal’ life. What I’m talking about is the number of recruitment professionals who decide to start up their own business in their spare bedroom, and then sadly fail.

The desire to ‘go it alone’ and run a consultancy is ever present in the recruitment sector. Your own brand. Your own way of doing things. Shaping your own destiny and making your own profits. They’re all serious drivers, and many are the seasoned recruiters who have decided that it would make it more worthwhile to get out of bed in the morning.

And it’s tempting to keep overheads low by working out of the spare bedroom at home. Now, you might be a ‘bedroom recruiter’ but that doesn’t mean you’re not going to work hard. You’ll doubtless give it everything you’ve got. It will doubtless bring results.

And then come the ‘bedroom problems’. With more business, more clients and more candidates you need to be as systemised and operational as your employer was. You can’t compete unless you have spot on admin, accurate records and all the efficiencies that come with a tried and tested back office. Suddenly, your trusty old pc and a couple of spreadsheets don’t cut it. Your performance starts to suffer.

It starts to become clear that it would have made more sense to have been better equipped from the outset. Those initial savings begin to feel like false economies.

Maybe it would have been better if you’d talked to us first.

At Recruit Ventures we have a business model aimed at professionals just like you. If you’ve got five years overall experience, and 3 years track record in your current role, we can help. We’ll provide you with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support you start up your own business.

I hate to be personal, but if you want to avoid being a failure in the bedroom, contact me at jbuckman@recruitventures.com. There are some things I can’t do – but I can help you start your own recruitment business.

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

3 into 1 will go!

Looking at why some recruitment business startups fail, it’s clear that there are three dangerous pitfalls to avoid
Firstly, and incredibly, people start recruitment businesses with no experience. They may have a little knowledge, which is of course ‘a dangerous thing’, but they don’t have in-depth expertise, and they don’t have an informed backer or mentor either… ultimately it spells failure.

Reason number 2 is just as hard to believe. Unbelievably, a lot of people launch without a business plan. To be kind, it’s possible that they’re fired up with entrepreneurial spirit and a list of contacts, so they figure they can make a start and worry about the big plan later. Or, as experienced as they are in recruitment, they simply don’t know how to write a business plan for a new venture. Either way it’s dangerous. You need to know how commercially and financially viable your business model is, and you need sensible projections for your cash flow and profits. It’s not just for peace of mind. It’s because your bank manager will want to know.

And thirdly, they fail because they don’t have the infrastructure. They have no systems. Armed with a mobile phone and an email address they launch into the market, only to sink beneath the waves of applications and appointments their hard work has generated. Without the systems it all falls to pieces.

There are other reasons, but I think that’s enough for the moment! My point is that all three of those pitfalls could have been avoided if they’d gone down one single route.

If you’re a recruitment consultant with five years’ experience and let’s say three years knowledge of a specific sector you’ll have enough background to start your own recruitment business. At Recruit Ventures we have a business model aimed at people just like you.

We’ll guide you through a writing your business plan.

We’ll also provide you with a full back office support function to support you start up your own business.

And what’s more, we’ll deliver 100% funding, a guaranteed salary and no personal financial risk to yourself. It will be funding from experts who understand recruitment, and can mentor you .

Avoid all three of those common and dangerous pitfalls with one short email… To me.

Sometimes 3 into 1 will go. Make a go of it, contact jbuckman@recruitventures.com

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

You might have a back bedroom but will you have a back office?

A lot of recruiters take that all important leap to start up on their own and in recent times many  have decided to contain costs, and tiptoe into the market by working from home…

Starting Your Own Recruitment Business
Bedroom Recruiter

You Might Have a Back Bedroom but will you have a back office?

Starting up your own agency is something I know recruitment professionals like YOU think about a lot. With four or five year’s serious experience on your CV, and already running a busy desk or team, it’s very tempting. Why not do this for yourselves, rather than line someone else’s pockets?

A lot of recruiters do take that all important leap and in recent times many who have decided to contain costs, and tiptoe into the market by working from home.

That’s not ‘working from home’ in the sense of not being in the office. It’s about making your office in your home. On the face of it, it makes sense. There are no premises to rent, no furniture or hardware to buy. You can ‘make do’ with the IKEA workstation and your trusty PC, set up in the spare bedroom, and go!

It can work. For a while. The problem is, the harder you work, the more successful you become, and then it all starts to crumble because you simply don’t have the systems and back up you need to service your growing portfolio of employers and candidates.

In fact, the pared down start up that you saw as sound financial sense can soon start to make no sense at all. If you’ve done everything else right, and made real headway with growing your business, you’ll soon get to the point where you were wishing you’d had better systems and back up from day one.

Your plan of course was based on the idea that you couldn’t afford to install full, industry compliant, systems because that would have been costly, let alone difficult to arrange for a startup.

Don’t waste that first year or so in your back bedroom. You can start as you mean to go on, by being fully operational form the outset. It’s where we come in.

At Recruit Ventures we have a business model aimed at professionals just like you. If you’ve got five years overall experience, and 3 years track record in your current role, we can help. We’ll provide you with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support you start up your own business.

If you want sound backing, and a back office not a back bedroom, email me on info@recruitventures.com and let’s chat.

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Do you want a lifestyle or a living?

If you are thinking of starting your own recruitment business I would sound a note of caution about the idea of becoming a ‘lifestyle recruiter’.

 

Starting Your Own Recruitment Business

Do you want a lifestyle or a living?

A phrase I hear a lot lately is ‘lifestyle recruiter’. It’s not far removed from that other label – ‘bedroom recruiter’. Now, I’m the last one to discourage anybody from going it alone, and you’ll never hear me do anything but defend prudent management of the budget. But, if you are thinking of starting your own recruitment business I would sound a note of caution about the idea of becoming a ‘lifestyle recruiter’.

Working from spare space at home will contain the costs, but, as I’ve said before, it’s not great for your high street presence or brand credibility. You’ll probably find that your systems will be stretched too. The backup and admin you had as an employed recruitment consultant won’t be there.

Sure, you’ll be making your own money, which is good because that was probably one of your main motivations anyway.

The problem is, there are a couple of issues lurking in the wings that could make serious holes in your new found revenue.

Before you take the leap into your own business you need to know that there are no restrictive covenants on you from your previous employer. You could find, for instance, that you’re not allowed to work in a certain sector, for maybe 12 months.
And – be honest here – is there any information, data and contacts that you’re thinking of taking with you? Recruitment companies are not averse to running rigorous checks on such matters.

Being forced to not operate in your chosen sector for a year will slow down your growth and income. That’s bad enough. Infringing any rules or covenants could land you with a hefty legal bill. That’s worse.

So, the ‘half way house’ of being a ‘lifestyle recruiter’ with seemingly attractive stripped down costs could be a lonely and expensive way to start. Which is where we come in.

From the word go we’ll road test your new recruitment business idea, providing financial and legal advice to make sure you’re viable and safe. We’re experts.
Then we’ll provide you with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function.

We’ll guide you with your identity, and we’ll help you with premises so that you’re out there, on the high street, from the start.

Typically the people we help have five years overall experience, and a track record in their current role, which means they’re usually running a busy desk or team.

If that’s you, and you’re more interested in a living than a lifestyle, we should talk.

Email me info@recruitventures.com for a confidential chat.

You can also find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.