Matt Fox achieved a life-changing exit and walked away in 90 days!
Matt Fox was 72 hours from a multi-seven-figure exit when COVID killed the deal.
What followed: a complete breakdown, 2 years of therapy, and a total rebuild.
But he did it differently the second time.
Cut from 30 stressed employees to 10 people he loved. Stripped costs. Turned it into a cash machine. By 40, he'd cleared his mortgage and bought Spanish properties with cash.
Then, in November 2024, he sold the business and walked away in 3 months.
In this episode:
- Why scaling to 30 people nearly destroyed him
- The "cash cow" strategy that made him wealthy before the exit
- How to build a team that doesn't need you
- What selling a business actually feels like (the bit nobody warns you about)
- Why 80% of recruitment founders get exits wrong
This isn't your typical scale-and-sell story. This is what it really takes to lose everything, rebuild on your terms, and exit with your sanity intact.
For recruitment founders running 5-30 person agencies, wondering what happens next.
Chapters
- 00:03:00 Building Dynamite Recruitment
- 00:09:00 Challenges and Resilience
- 00:15:00 Restructuring for Profitability
- 00:21:00 The Sale Process
- 00:27:00 Lessons Learned and Future Plans
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Episode Sponsor: Atlas
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Episode Sponsor: Hoxo
Every recruitment founder is investing in LinkedIn.
Spending thousands on Recruiter licences.
Building connections. Posting content. Growing networks.
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How much revenue is LinkedIn actually bringing into your business?
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The RAG Podcast - Recruitment Agency Growth Podcast