The Resilient Recruiter

Recruitment Coach Mark Whitby
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Jun 15, 2022 • 58min

How to Build a Premium Recruitment Brand, Deliver Superior Service and Attract Higher Fees, with Rob Bowerman, Ep #130

There are significant advantages to being known as the premium brand in your market. For one, you can charge higher fees than your competitors.  Secondly, your job as a recruiter is more fulfilling because you’re focused on delivering exceptional client and candidate experiences.  Rob Bowerman is President and Executive Recruiter at The Bowerman Group, focused on recruiting for specialty and luxe brands. As you’ll hear from Rob, earning a reputation as the premium recruitment firm in their market has been a critical factor in their long-term success. Rob’s background in the retail sector gives him credible insights and perspectives on the topic of delivering outstanding customer service in the recruitment field.  Episode Outline and Highlights [2:21] How The Bowerman Group are winning more retained searches and increasing their average fee. [9:33] Customer experience - lessons from premium retail brands that Rob has applied to recruiting. [14:54] Powerful questions you can ask your clients to assess their specific needs. [16:26] How to partner with HR while having access to the hiring manager. [21:13] Rob reveals their processes for ensuring a positive customer experience for both the candidates and clients. [27:48] What defines a positive client experience? [39:11] What could stop a recruitment firm from delivering a positive client experience? [43:49] How to consistently deliver a great experience to candidates even if they are not moving forward in the hiring process. [47:00] Rob reveals the burning issues discussed at a recent Pinnacle Society meeting, including preventing and handling counteroffers. [56:20] Why it is a great time to be in our industry. How The Bowerman Group Increased their Average Fee by $6,200 The last time I collaborated with Rob in this show was two years ago. It was indeed an amazing conversation (link of the episode below) and as the head of the Pinnacle Society, Rob also introduced me to other members who became guests of this show. This kind of support brought tremendous value to our audience and I am truly grateful. What has happened in the last two years? As with all businesses, the last couple of years were truly unprecedented. Rob shared a lot of learnings and strategies.  You will hear how they intensionally focused on higher-level roles. The benefit of this has been twofold - winning more retained searches while also increasing their average fee from $21,800 to $28,000. The success of the Bowerman Group can be attributed to how they value client and candidate experience, which became a core topic in this episode. Becoming a Premium Brand in Recruiting Through Client and Candidate Engagement Coming from the Retail and Merchandising industry, Rob learned a great deal when it comes to customer experience. From his standpoint, a customer is not only your client but your candidate as well.  He recently did a LinkedIn post (link below) about notifying a candidate that will not be moving forward with the recruitment process. The main theme is, “How can you not approach recruitment - either as an internal recruiter or external recruitment partner - without empathy and appreciation for the candidate's work in the process?” This post got hundreds of reactions and responses. It amazes Rob that since we are in the people business, the reactions and number of reactions were indicative that it is a massive issue within our industry. In this episode, Rob gave a great analogy on what defines a great customer experience. He then shared their process of engaging with clients and candidates consistently. He also gave insights on what could be preventing a recruitment firm from providing the same positive customer experience to its clients and candidates. The Bowerman Group Difference So what makes the Bowerman Group different from other recruitment brands? How do they consistently ensure positive customer engagement from both clients and candidates? Rob elaborated on the following pointers that I am sure you will find valuable: How to ensure that you’re giving candidates feedback within 48 hours Doing the Job Intake Call effectively Asking the right questions to assess the client’s culture Partnering with HR and Hiring Managers Process for preparing both candidates and clients for interview Our Sponsors   This podcast is proudly sponsored by i-intro and Recruitment Entrepreneur. i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allow recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained   We’re excited to announce that Recruitment Entrepreneur will be sponsoring the podcast! If you’ve dreamed of starting up or scaling up and exiting your recruitment business, this is your chance. James Caan and his team at Recruitment Entrepreneur are actively seeking ambitious recruiters who they can invest in. Start a conversation here: https://www.recruitmentcoach.com/vc   Rob Bowerman Bio and Contact Info Rob started The Bowerman Group in 2009 after having been a successful Executive Recruiter since 1994.  He discovered his passion for Search following a career in merchandising and shares his love for the industry with his team, clients, and candidates every day. Carving out a unique niche that focused on speciality and luxe brands, he has developed long-standing relationships with many respected American and European designer apparel, accessory, jewellery, and home furnishing companies.  Rob had a vision of creating a boutique firm that matched the unique profile of this niche—excellence, brand heritage, and an unwavering dedication to quality.   This vision has manifested itself into a dynamic group that is experiencing consistent year-over-year increases in successfully completed searches within TBG’s unique niche. Rob currently serves as the President of The Pinnacle Society, the premier consortium of industry-leading recruiters in North America.  He is proud of his association with this group of the “best and brightest” within the search profession as well as honoured to be the only “retail guy” in the organization. Rob Bowerman on LinkedIn The Bowerman Group website link The Bowerman Group on Facebook The Bowerman Group on Instagram The Bowerman Group on YouTube People and Resources Mentioned Rob’s LinkedIn post on following through with candidates How to Gain Access to Hiring Managers Without Alienating HR Michael Pietrack on LinkedIn Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#32 How to Build a 7-Figure Search Firm with a Small Virtual Team, with Rob Bowerman TRR#106 How to Bill £12,800,000 in 14 Years, with Michael Pietrack Subscribe to The Resilient Recruiter
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Jun 8, 2022 • 1h 1min

Boutique vs Behemoth: How the Little Guys Can Beat the Big Recruitment Firms, with Paul Taaffe, Ep # 129

Last time Paul Taaffe came on the podcast, we heard how this former CFO has enjoyed extraordinary success running a boutique search firm. He revealed how he managed to bill €4,000,000 in revenue with a small team.  Nearly two years later, Paul is back for his second appearance on the show. You’ll hear fascinating insights on how to gain an advantage over the competition and outperform even the biggest search firms in the world.   Paul’s philosophy is about providing “return on energy invested.” He and his team provide an efficient service without compromising quality by leveraging their relationships and market knowledge. You’ll learn how he achieves market mastery by carefully cultivating his network so he can deliver a shortlist in 30 days or less.  On multiple occassions, Paul has made a €100,000 placement fee in 7 days! Paul is the founder and CEO of FINANCE People Solutions (FPS) based in Frankfurt, Germany.  Prior to starting his business in 2014, he was either a CFO or CRO for US global corporations as well as high profile private equity funds and their portfolios where he mastered various change management challenges, from turnaround and restructuring to the implementation of new growth strategies. Episode Outline and Highlights [1:43] Paul shares the latest developments at his firm, Finance People Solutions. [6:15] FPS’ focus market, revenue stream, and marketing strategy. [10:35] How to choose the right client to work with - and when to walk away. [15:30] Coaching your clients on their recruitment process [16:53] Paul’s top tips on how to market a candidate. [20:36] FPS’ new Benchmarking Products as a differentiator [23:30] Why Paul launched his own podcast. [27:26] Why ‘head-hunting’ is an outdated term and Paul prefers ‘resource matching.’ [33:58] How to build your brand on LinkedIn. [43:01] Paul reveals what he learned from working for Phil Knight, Nike’s co-founder. [51:00] Why Paul likes to hire students when building his team Choosing the Right Clients Paul is a fan of positive energy which means he is selective of the clients he works with. He only works with committed clients, no contingency, only retained or exclusive. In our interview, Paul shared his criteria in client selection and when to ‘fire’ or let go of a client. “If we do not enjoy working together, if the process is not good, in this day and age if you get your hands on top three candidates or two or even one for this matter, we never say we are going to produce a shortlist, we will produce at least one … and the customer is not coming back, not setting up appointments, not picking it up, that is no good we are wasting people’s time,” is how Paul described it. He shared concrete examples based on experience how in some cases it did not work with some clients. Also, given the current situation in the market where recruitment needs to adapt, how do you coach your compatible clients on improving their recruitment process? Paul shares his best practices. Marketing and Brand Building Best Practices Although Paul’s background is in finance, he is actually excellent at marketing. In this interview, you will hear some of his marketing strategies including: FPS Benchmarking Product Podcast Partnership with FINANCE Magazin LinkedIn content Paul believes US companies are the best at marketing and says his experience at Nike helped him to become a great marketer.  Why Head-Hunting is a Term of the Past Another interesting topic we talked about is the term “headhunting” which Paul believes is outdated.  As Paul said, “The difference for us is we have relationships with these people… That is why I don’t like this term head-hunting… I call it resource matching. We match resources. We don’t headhunt people, we have them already in our network. So it is about what is the best position for these people. So it is an evolution from the old headhunting.” Paul doesn’t need to “hunt” because he’s already mapped his market and curated a strong network. Since he already knows and has relationships with the vast majority of the candidates in his space, he is able to move fast without compromising quality. Our Sponsors This podcast is proudly sponsored by i-intro and Recruitment Entrepreneur. i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allow recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained We’re excited to announce that Recruitment Entrepreneur will be sponsoring the podcast! If you’ve dreamed of starting up or scaling up and exiting your recruitment business, this is your chance. James Caan and his team at Recruitment Entrepreneur are actively seeking ambitious recruiters who they can invest in. Start a conversation here: https://www.recruitmentcoach.com/vc Paul Taaffe Bio and Contact Info Paul is the founder and CEO of FINANCE People Solutions (PFS) in 2014. He has been in the recruitment business since 2014, and prior to that, he was either a CFO or CRO for US global blue-chip companies such as Pepsi Cola, Nike, Lear Corporation, and Dell as well as having worked in Private Equity. He founded the PE Finance Organisation Benchmarking company, Taaffe and Partners in 2011. Paul on LinkedIn FINANCE People Solutions website link People and Resources Mentioned Joel Slenning on LinkedIn Shoe Dog, by Phil Knight Finance Magazin website link Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#21 The Former CFO Turned Finance Recruiter Who Billed €4M Last Year, with Paul Taaffe TRR#53 How to Scale Your Staffing & Recruiting Firm to $16,000,000, With Joel Slenning   Subscribe to The Resilient Recruiter
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Jun 2, 2022 • 58min

How to Attract Inbound Client Leads and Win Engaged Search Assignments, with Skip Freeman, Ep #128

Want to attract inbound client leads and convert them into engaged search assignments, where the client pays part of the fee up front? Then you’ll love my interview with Skip Freeman, founder of Smart Buildings Talent. Skip shared that he’s currently working on 13 engaged searches simultaneously at 25% fees. Of those 13 searches, 12 of them were inbound leads meaning the client approached Skip instead of the other way around.   Skip reveals some of his most effective tactics and strategies, including a detailed masterclass on how to be “prominent and visible” in your chosen niche. You’ll also hear his fascinating story of resilience - from building a business, overcoming prostate cancer, and restarting from the ground up.   Skip is the Founder and President of Smart Buildings Talent, specializing in Buildings Automation and Smart Industry. Skip graduated from the United States Military Academy, West Point, in 1976, with a bachelor's degree in Mechanical Engineering and has almost 20 years of experience as a recruitment business owner.   Episode Outline and Highlights [2:22] Skip shares how he became a recruiter and the latest accomplishments of Smart Buildings Talent [9:24] How to become a specialist and find a super-focused niche. [15:06] Global Acquisition: Key factors that made Skip’s firm attractive to a global brand.  [22:09] Steps to becoming prominent and visible in your chosen niche.  [36:38] Skip’s tips for consistently creating and posting content on LinkedIn. [44:49] The importance of systems - Skip reveals his “sequence of recruitment operations.” [55:00] Skip’s process for closing engaged searches including the ingredients of a winning proposal.   Finding a Super-Focused Niche A recent achievement that Skip shared is when a global IT consulting and contract staffing firm, Emerge360, reached out to acquire his brand, Smart Building Talent. This is an outstanding accomplishment for a business of its size - and what made it possible are three things:    Finding a critical niche Having a systematic approach  Building a brand   On the topic of finding a critical niche, Skip’s background in mechanical engineering served as a foundation to look at focusing on automation and discovering the talent behind this industry. He then focused on his mastery in this specialty which was a critical game-changer in his business. Skip also revealed what made him prominent and visible in his chosen niche.   Your Recruitment "Sequence of Operations" Another topic that Skip shared is the system he discovered, which he refers to as his sequence of recruitment operations. “A system is going to be a consistent process that everybody understands, and you have the tools as well as needed. Every time you get a job order, it enters into the system,” is how he describes it.    Inspired by Mike Pietrack and Scott Adams, you will hear his four major steps to the job order fulfilment process:   Find  Attract Qualify Land   How to Be Prominent and Visible in Your Chosen Niche Choosing the niche and area of specialisation is the first step, but how do you become prominent and visible in your chosen niche? How do you generate inbound leads? Skip shared how he does it. From his experience, he explained how he attends trade shows, creates articles and content specifically for his industry, and how he has become a “community leader” on LinkedIn. You will hear how to use polls to your advantage and how to generate inbound leads from LinkedIn.   Our Sponsors This podcast is proudly sponsored by i-intro and Recruitment Entrepreneur.   i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allow recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained We’re excited to announce that Recruitment Entrepreneur will be sponsoring the podcast! If you’ve dreamed of starting up or scaling up and exiting your recruitment business, this is your chance. James Caan and his team at Recruitment Entrepreneur are actively seeking ambitious recruiters who they can invest in. Start a conversation here: https://www.recruitmentcoach.com/vc   Skip Freeman Bio and Contact Info   Skip Freeman graduated from the United States Military Academy, West Point, in 1976, with a bachelor's degree in Mechanical Engineering. He served in the US Army Corps of Engineers, more specifically the Combat Engineers, after which he moved into industry as a chemical sales rep for a major speciality chemical company.     He progressed from field sales into sales management. As a Sales Manager, Skip had started using one particular recruiter for all of his hiring needs. That relationship began with none other than an MPC marketing call. And while that candidate wasn't hired, many were over the next several years.   Then Skip's firm was purchased. To stay with the company, he was going to have to relocate. That not being an option due to family reasons, he called his recruiter this time saying, "I don't need a candidate, I'm going to need a job." After some contemplation, his recruiter said, "Have you ever thought about running your own business? Skip said, "Tell me more..." and that's how Skip's recruiting career began.   With some of Skip's recruitment work helping to hire chemists and chemical engineers, he was contacted by an agency in Washington, DC, which led to an interesting parallel journey. in which Skip recruited for the CIA for 4-years.   In 2013, he started building a recruiting firm and his wife joined him in the business. His firm reached a size of 8 people when he suffered a personal setback, prostate cancer, which, more or less, took him out of the game for 3-years. One by one everyone in the firm dwindled away or needed to be fired until it was just Skip again along with his wife. Since then he’s completely rebuilt his business as the founder and president of Smart Buildings Talent, focused on buildings automation and smart industry. Today he is back with an exciting story that illustrates perseverance, discipline, and a will to win.   Skip on LinkedIn Skip on Twitter @SBTrecruiter Skip on YouTube Smart Buildings Talent website link Smart Buildings Talent on Facebook   People and Resources Mentioned Michael Pietrack on LinkedIn David Perry on LinkedIn Shield Analytics website link Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#106 How to Bill £12,800,000 in 14 Years, with Michael Pietrack TRR#26 Canada Day Special: How the Rogue Recruiter Closed 1100 Searches, with David Perry Subscribe to The Resilient Recruiter
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May 25, 2022 • 53min

How to Future-Proof Your Recruitment Business During the Great Realignment, with Bert Miller, Ep # 127

“For those out there that are starting a firm or for those recruiters out there thinking about starting a firm… when people really will look at the mirror and understand what their capabilities are, and where there are gaps and they work on that, they will then become a better leader.”  I am very much looking forward to sharing this episode with you. My very special guest, Bert Miller, with more than 25 years of leadership experience in the world of work, has been very generous in sharing golden nuggets of wisdom. Hear his fascinating insights on the “Great Realignment” and how it impacts our recruitment business today. You will also hear major trends in the recruitment industry as well as effective techniques you can use to warm up your leads. Bert currently serves as President of Protis Global, plus President and CEO of MRINetwork, a network-centric recruitment organization that offers consulting, training, contract staffing, and community building to over 325 search firms worldwide Episode Outline and Highlights [2:05] How Bert started as a recruiter leading up to him becoming President and CEO of MRI. [8:06] How recruitment firm owners can future-proof their business. [10:30] The 10-4-2 strategy to engage people on LinkedIn. [16:32] How to effectively use LinkedIn to warm up your leads using the headline approach. [26:25] What is the “Great Realignment?”  [31:50] Bert’s principle on ‘storytelling your North Star.” [37:35] The importance of empowering your recruiters to have their own personal brand. [42:29] Circling back to the Great Realignment, how do recruitment business owners ensure that they are in the forefront? [45:13] Bert shares the biggest mistakes he sees recruiters making: from rookies to long-term veterans. [48:39] Success factors for owning and growing a recruitment firm. LinkedIn Strategies to Warm Up Your Leads How are you using LinkedIn as a tool to find potential candidates or clients? You will be delighted to hear strategies shared by Bert on how to warm up your leads using this platform. How do you connect with an executive? How do you make your presence felt with insightful engagement? Bert shared two techniques: The 10-4-2 Strategy and  The Headline Approach The Great Realignment A fascinating insight shared by Bert is about the “Great Realignment”. In his words, “What happened in the last two and a half years only accelerated something that is already underway… The power of individuals coming in to play… The dynamics coming into play about the hybrid model, working flexible… I think companies that do not react or respond enough on the last several years to the individual… those organizations are now stepping back.”  With this transition, how do recruitment businesses remain in the forefront instead of being left behind? Bert placed an emphasis on rehiring your people all the time - keeping the ones you have and storytelling your North Star. You will hear a more elaborated explanation about it in this episode. Also, key areas that would need to be addressed are: Proper planning Learning what is going on in your sector Going deeper in your ‘dig’ Bert’s Success Factors in Owning and Scaling Your Recruitment Business With over 25 years of leadership experience in the world of work running Protis Global and becoming President of the MRI Network, what are the success factors that Bert can share to all our listeners?  “I find myself at 60-years-old continuing to learn every day. I know that I am not there. My team does that too. So having that humility and vulnerability does not make you weaker as an organization, it actually makes you stronger.” Our Sponsors This podcast is proudly sponsored by i-intro and Recruitment Entrepreneur. i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allow recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained   We’re excited to announce that Recruitment Entrepreneur will be sponsoring the podcast! If you’ve dreamed of starting up or scaling up and exiting your recruitment business, this is your chance. James Caan and his team at Recruitment Entrepreneur are actively seeking ambitious recruiters who they can invest in. Start a conversation here: https://www.recruitmentcoach.com/vc   Bert Miller Bio and Contact Info With over 25 years of leadership experience in the world of work, Bert E. Miller currently serves as CEO of Protis Global,  Ace Talent Curators, and President and CEO of MRI Network. MRI is a network-centric recruitment organization that offers consulting, training, contract staffing, and community building to over 325 search firms worldwide. Bert also co-founded Protis Global, an award-winning search and recruitment firm specializing in the F&B, CPG, cannabis, and hospitality industries. Bert is an active speaker, mentor, advisor, and investor. He hosts the MRINetwork Podcast and his new video podcast series, "Beyond the Bottom Line," features interviews with CEOs and leaders from across categories on issues impacting the world of work. Bert on LinkedIn MRI Network website link Protis Global website link BCC Media website link MRI Network on Facebook Bert on Twitter Bert on Instagram Bert on YouTube People and Resources Mentioned Joe Mullings on LinkedIn Building a StoryBrand, by Donald Miller Chris Voss on LinkedIn Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR #80 How to Use Video to Attract Candidates and Grow Your Recruitment Business, with Joe Mullings Subscribe to The Resilient Recruiter
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May 18, 2022 • 2min

inbound marketing webinar thankyou page

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May 18, 2022 • 59min

How to Stop Working with the Wrong Clients and Embrace Your Inner Badass, with Jackie Rothschild, Ep # 126

Are you putting up with companies who aren’t your ideal clients? Does the thought of asking for a retainer or increasing your rates scare the hell out of you? Do you have a mind block to being more specialized or refocusing on a niche that’s truly aligned with the direction you want to take your recruitment business? In this interview, my special guest Jackie Rothschild shares how after years of struggle, a change in approach and mindset enabled her to attract the right clients – clients who were willing to work with her as a true partner. You’ll also hear Jackie’s inspiring story of resilience, and how a health crisis was the catalyst for renewed determination to succeed and no longer being willing to settle. Jackie is a Human capital advisor and retained search executive for PBMs (pharmacy benefit managers) and Physician practice owners who want to grow their business and hire the most qualified PBM, healthcare executives and clinicians. Episode Outline and Highlights [1:46] Jackie’s journey from being a licensed pharmacist to becoming a recruiter. [10:09] Jackie reveals her struggles and lessons when starting her recruitment firm from the ground up. [16:26] How you should define your niche if working in a broad industry. [21:30] How to identify the best client you should be working with. [26:23] Training a Virtual Assistant from administrative tasks to making placement - how Jackie developed her VA [32:46] Jackie’s recent biggest challenge and how it defines resilience. [49:58] Getting off the hamster wheel through retained business.   From a Successful Pharmaceutical Career to a Starting a Recruitment Business Jackie shared her successful career as a licensed pharmacist when she worked in the Pharmacy Benefit Industry (PBM) for 15 years. Being a friendly person, she built an extensive network of connections. Her friends made her a point of contact if ever they needed to hire a specialist in the industry. This made Jackie realise that recruitment is something she should try. Even with no prior background, she took a massive salary cut, took a risk,  and started her recruitment career.  She was then assigned to build a branch for her staffing firm which became a huge success. This is when her husband encouraged her to start her recruitment firm. It was a strange idea in the beginning since she had no business background. She took a risk and started Acclaimed Staffing. At the onset, things were okay but were not clicking.  This is where her story becomes interesting. She shared her struggles and learnings. You will hear instances of failures and adversities, but what will resonate is her journey of resilience.    COVID Setbacks and Surviving Cancer An astonishing revelation that Jackie shared in our interview is how she was able to overcome a series of devastating events. In 2020, Jackie’s business was affected by the pandemic. At that time, she was also diagnosed with a very rare type of cancer with which very few medical professionals in the country can deal with it. As she was recovering from surgery, her husband had a heart attack.  Those were trying times for Jackie and her husband. What type of treatment did Jackie have to endure? How was she able to manage her business? How is Jackie doing now? I am confident that you will be inspired by her story of grit, resilience, and courage.  Her husband calls Jackie a badass, and once you hear her story I think you’ll agree! Getting off the Hamster Wheel Through Retained Business Jackie shared how she learned to filter the best client when she shifted to the retained business model. For her, it was a change in mindset. This enabled her to walk away from new clients that are not really a good fit and made her focus on her partners or clients that stood by her. If you are contemplating whether you should consider shifting from a contingent to a retained search model, I highly recommend hearing out how it became a game-changer for Jackie.   Our Sponsors This podcast is proudly sponsored by i-intro and Recruitment Entrepreneur.   i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allow recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained We’re excited to announce that Recruitment Entrepreneur will be sponsoring the podcast! If you’ve dreamed of starting up or scaling up and exiting your recruitment business, this is your chance. James Caan and his team at Recruitment Entrepreneur are actively seeking ambitious recruiters who they can invest in. Start a conversation here: https://www.recruitmentcoach.com/vc Jackie Rothschild Bio and Contact Info Jackie is the owner of Acclaimed Staffing and CEO of Rothschild RX. Acclaimed Staffing is an Arizona staffing agency that specializes in the healthcare career placement of all aspects for ambulatory surgical centres, clinics, medical offices, hospitals, imaging and radiology centres, nursing homes, home care, hospice, and other healthcare facilities. Jackie and her team have been trusted business partners for over 7 years servicing many medical offices, health plans, home health and assisted living facilities in finding mid-level and executive clinicians and ancillary staff.  Jackie is a licensed pharmacist since 1995 and worked in the PBM (pharmacy benefit management) industry for over 15 years.   Based on her deep PBM roots, RothschildRx was formed in 2021 to specifically service the PBM (pharmacy benefit management) industry.  Recently due to their successful track record, the RothschildRx team is being awarded an exclusive talent sourcing agreement with a leading mid-market PBM.   Originally from Brooklyn, NY, Jackie is living in Arizona where she lives with her husband, 2 children, and 4 “furry children”. Jackie on LinkedIn Acclaimed Staffing website link Acclaimed Staffing on Facebook People and Resources Mentioned Joel Slenning on LinkedIn Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#53 How to Scale Your Staffing & Recruiting Firm to $16,000,000, With Joel Slenning Subscribe to The Resilient Recruiter
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May 12, 2022 • 1h 1min

What’s the Secret to Sustainable and Profitable Recruitment Business Growth, with Mark Skinner, Ep #125

An ironic fact about the recruitment industry is that we have a very high attrition rate and so much churn, which can often translate into a massive drain on profit and can be an impediment to growth. My special guest, Mark Skinner, shares how they set up a work culture which has led to their recruitment team having an average tenure of more than eight years.    Mark is the Co-Founder & Managing Director of CSC Recruitment, a construction recruitment firm founded in 2005. CSC has 25 employees with 3 offices and specialist teams dealing with freelance, permanent, and executive search with a thriving international division. Mark began his recruiting career in 1998.  Episode Outline and Highlights [1:56] Why Mark started his own recruitment business. [5:52] With an average tenure of 8 years, Mark discussed how they take care of their people.  [15:29] How to set up an achievement culture for your recruitment team. [27:13] How to track and create an inventory of your team’s achievements. [32:18] Best practices for taking care of your team’s mental health -  how to make them feel okay to share if they are not okay. [42:05] Mark shares their greatest accomplishments [50:50] CSC Recruitment’s approach to partnering with clients. [55:29] Key factor in CSC’s success in winning businesses: consultative and solutions sales approach. The Key to Having An Average Tenure of Eight Years If there is a secret to having a sustainable and profitable business that grows over time, holding on to your team members - especially the ones performing well - is important. Mark and I discussed how they take care of their people leading to their average tenure of eight years. Some of the key highlights of our discussion on this topic are as follows: Having a management mindset where people come first Covering healthcare and prioritizing mental health Recognize your team’s efforts with celebration and praise even on small wins The last item is a very interesting topic we covered which is about building a culture of achievement.  Building a Culture of Achievement via Company Conferences On top of hosting sales meetings six times a year to recognize top billers, Mark’s company also do what they call ‘company conferences’. Over 17 years, they have done around 40 overseas trips where they take everyone. These conferences are a testament to how they value the contributions of their respective teams. The basis of where they are going or how expensive the trip is going to be will depend not only on individual achievements but also on overall group performance.   It Is Okay Not to Be Okay - Taking Care of Your Team’s Mental Health Another theme that stood out in our interview is how Mark is taking care of their team’s mental health. “Let’s face it millions of people said it before, the stigma is about it, a lot of people don’t understand it… when we found people that we think are happy go lucky… and you found out, hang on one second, they’re not and you try and help them. When the business was new, we didn’t have a lot of things in our toolbox,” is how Mark described how it was when they were just starting their business. Their commitment to their principle of “people come first” ensures that they have sufficient support from professionals. They made it possible for the people in their team to have someone to talk to 24/7 and if needed, therapists to give help.  What if people are not covered by their healthcare provider because of pre-existing conditions? Mark’s company pay a significant amount to help that person. Our Sponsors This podcast is proudly sponsored by i-intro and Recruitment Entrepreneur. i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allow recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained   We’re excited to announce that Recruitment Entrepreneur will be sponsoring the podcast! If you’ve dreamed of starting up or scaling up and exiting your recruitment business, this is your chance. James Caan and his team at Recruitment Entrepreneur are actively seeking ambitious recruiters who they can invest in. Start a conversation here: https://www.recruitmentcoach.com/vc   Mark Skinner Bio and Contact Info Mark is the Co-founder & Managing Director of CSC Recruitment. He spent four years with Hays and Hill McGlynn (now Randstad) before setting up a construction division for a boutique agency and then establishing CSC 2 years later.  A graduate in Economics and Politics from the University of Kent, Mark founded CSC Recruitment as a consultancy-led construction business to work with clients looking for a recruitment partner rather than a supplier. Mark on LinkedIn CSC Recruitment website link CSC Recruitment on Twitter CSC Recruitment on Facebook  CSC Recruitment on Instagram Brain Trust - a non-profit organisation that Mark fully supports: website link People and Resources Mentioned Leanne Sara Jones Hunt on LinkedIn Craig Paisley on LinkedIn Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#31 Protecting Your Team’s Mental Health While Scaling Your Search Business, with Paul Hallam Subscribe to The Resilient Recruiter
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May 4, 2022 • 57min

How to Recession-Proof Your Recruitment Business While Accelerating Growth, with Abid Hamid, Ep #124

Are you concerned about what is going to happen when the current growth in the recruitment industry starts to slow down? While the recruitment industry is still enjoying the momentum from 2021, propelling it forward through Q1 and most likely Q2 too, it remains a cyclical industry. Sooner or later, economic growth and hiring will decelerate. In this episode, Abid Hamid reveals the biggest concerns and hot topics on the minds of recruitment business founders and CEOs. The information that he shares in this interview can make a valuable contribution to any size recruitment business.  His advice is to prepare right now for when the next slow cycle comes around. This could be in 6 or 18 months from now and nobody can predict the exact date for the change in direction. The only certainty is that there will be one again and this should urge recruitment business owners to take the necessary steps to protect their businesses while still scaling and growing.  One of the ways to do this is by creating and sustaining sticky relationships with your clients. He explains all you need to know about how to do this in the next hour of conversation.  Episode Outline and Highlights [01:38] Abid explains the importance of sharing ideas with like-minded experts in your field [04:00] What are the hot topics in the minds of recruitment CEOs? [06:17] What’s the definition of a client? What does a sticky client relationship look like? [09:50] What is the cost of the business you have and is it something you want? [13:00] Abid expands on payment terms and how to collect your accounts receivables faster [17:45] Abid’s thoughts about the next 12 months in the recruitment industry [21:46] How to protect yourself while continuing to grow your business [24:00] These are the characteristics that Abid looks for when hiring recruiters? [27:00] What is a Risk Matrix and how does it come to play in your business? [31:50] Abid’s plans for the US recruitment market [33:15] Why are there so many small recruitment businesses that don’t scale? [38:50] Understanding the process of scaling-up with Abid’s help [43:20] Why your business isn’t attractive to buyers – even if your billings are good [47:07] Abid shares some of Recruitment Entrepreneur’s success stories [50:55] How to allocate time to work on your business to scale rather than working in your business to earn an income   What Are the Three Hot Topics on the Minds of CEOs Right Now? Abid states that currently, the thoughts of founders and CEOs centre around the current state of the market. He then breaks this down further, referring to what this entails. The first point to consider when you take a look at the entire market is how to build cultures in businesses where there is a flexible environment. Another point is how do you attract the right people in the market that is so heated when it comes to salaries. The third point of interest is, how do you create more sticky situations with your clients?   He says that in these cycles, it is evident that flexibility in the workplace is here to stay and what is becoming vital now is how you manage this flexibility. For example, if your teams work mostly remotely but do spend some time at the office, you get teams to come in at the same time. This still allows for some collaboration on the sales floor.    The Risk Matrix - What Is This and What Does It Mean To Your Recruitment Business?   What are the characteristics that Abid looks for in candidates when recruiting internally?    “For me, slightly out of the norm is good. Slightly unhinged is good…Slightly unhinged in the sense that you really, really know what you want because people who are passionate about something, they are slightly different,” Abid states before explaining what the Risk Matrix is that he is looking for in candidates.    The Risk Matrix is the built-in barrier that we all have that determines our decisions regardless of whether we purchase something or make a phone call. While he sees the perfect candidate to have a bit of an unusual side, the Risk Matrix must still be controlled, making them prepared to go to the edge of their experiences, constantly expanding on what they are capable of and getting comfortable with.    Why Are There So Many Small Recruitment Businesses That Don’t Scale?   The recruitment industry has an abundance of small recruitment businesses and there are many reasons why the majority of them don’t scale. According to Abid, creating a successful business and an exit-able business are two different things. You need to know how to exit and plan for that in advance. It is also important to understand that many of the solo recruiters or boutique firms don’t want to scale as they’re only interested in a lifestyle business.  That’s perfectly fine, so long as the business is providing what they want, and that they’re not letting fear hold them back from scaling.     Abid further emphasizes that it is important to distinguish between generating an income from recruitment and building a recruitment business that you can exit from at a later stage. The latter is what Recruitment Entrepreneur helps their clients to achieve.    Our Sponsors This podcast is proudly sponsored by i-intro®.  i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allow recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained    Abid Hamid Bio and Contact Info  Abid is trained as a lawyer, worked in corporate banking, and has been in the recruitment sector for the last 20 years mainly in management and leadership roles. He had worked globally within the recruitment sector and is a highly experienced business leader with a wealth of experience in various industry sectors and difficult geographies around the world. Abid had held various board positions from start-up to FTSE 250 Listed company and is currently Chairman and NED for 19 companies. Abid on LinkedIn Recruitment Entrepreneur website link Recruitment Entrepreneur on LinkedIn Recruitment Entrepreneur on Facebook Recruitment Entrepreneur on Instagram Recruitment Entrepreneur on Twitter @RecEntrepreneur People and Resources Mentioned Armed Forces Covenant website link Doug Bugie on LinkedIn James Caan on LinkedIn Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR #48 Recruitment Entrepreneur: How to Start-Up and Scale an Exitable Recruitment Business   Subscribe to The Resilient Recruiter
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Apr 27, 2022 • 57min

How a Recruitment Business Launched, Scaled and Sold for $12,000,000 in 5 Years, with James Caan, Ep # 123

Have you ever dreamed of starting and scaling up a recruitment business to the point that you could achieve a successful exit? If so, you’re going to love my interview with James Caan, who joins us for his second time on the show.  In this episode, James walks us through how to successfully launch, scale, and exit your business.  His insights are backed up by his track record as the founder of Recruitment Entrepreneur, the world’s leading private equity firm specializing in recruitment start-ups and scale-ups. RE has been successfully operating in 60+ countries and has currently invested in 45 recruitment businesses.  You will hear a case study of how one of Recruitment Entrepreneur’s partners was able to launched, scale, and sell their business for $12m in just five years! James is an investor, a serial entrepreneur, and a former panellist on the hit TV series Dragon’s Den. He founded two recruitment companies with combined revenue of £1B. Episode Outline and Highlights [1:41] James shares his perspective on the recruitment market of 2022 compared to 2021. [5:08] How Recruitment Entrepreneur helps recruiters build scalable businesses. [10:05] From $220k to $2M USD in billings in five years - James shared a Recruitment Entrepreneur case study. [22:08] Why is James now expanding Recruitment Entrepreneur to the US? [27:36] What is meant by smart capital and how it impacts the recruitment industry. [29:16] Expanding beyond the US - why Recruitment Entrepreneur is going global and why it makes sense. [35:35] James’ mindset on creating value for their clients. Also, hear James reveal their ‘secret sauce’ for their success.  [40:55] How James’ team consistently helps enhance the value of businesses prior to exit events.  [42:46] What buyers are looking for in a recruitment business that they may want to acquire. [47:45] How Recruitment Entrepreneur supports businesses in their portfolio to attract good talent. [54:44] How training and development can easily assimilate new joiners to your business’ work culture. Launching, Scaling and Selling a Recruitment Business for $12M in Only Five Years Since its founding in 2014, Recruitment Entrepreneur’s goal is to help founders and owners of recruitment businesses to globally, launch, scale, and exit their recruitment businesses. James shared a superb case study on how they worked side by side with James Absalom, CEO of Walter James recruitment. Below is the chronology of his success: James launched his business with Recruitment Entrepreneur In year one, he earned $350k compared to previous years of earning around $220k in average. By year five, he had 15 consultants with annual revenue of $5m and $2m in profit. Recently acquired by ZRG Partners for $12m   You will hear James walk you through the process - what do you need to start? What is the thought process in deciding when to scale? How do you grow the billing? How do you attract talent? These are a few of the golden nuggets that you will hear in this episode. If you are strategizing on launching, scaling and exiting your recruitment business, you will enjoy our interview. How to Create and Enhance Your Recruitment Business’ Value James’ recruitment and entrepreneurial experience bring invaluable insights when it comes to enhancing businesses under their portfolio. You will hear James reveal specific key pointers for success. How do they create value and further enhance recruitment businesses to set it up in a profitable exit? “The single factor to success and scale is having the ability to attract and keep people,” James stated. He further elaborates on specific focus areas that founders would need to work on to make their business scalable and successful. James added, “First thing is, we don’t back markets, we don’t back sectors, we don’t back products. We back people, and that has been the mantra of my entire working life and it has never failed me yet.” Must Haves to Make Your Business Scalable and Exit-Able If you plan to scale and exit your recruitment business, you will hear the following key takeaways from our discussion: The importance of having a stable workforce by attracting and retaining the right people. Establishing a culture of coaching, learning, and development. Having a clear strategy for developing your brand. Having an international mindset. You will find James’ take on the above elements definitely insightful.   Our Sponsors   This podcast is proudly sponsored by i-intro®.    i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allows recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained  James Caan Bio and Contact Info James founded private equity firm Hamilton Bradshaw in 2004 and joined the panel of heavyweight investors for BBC’s Dragons' Den in 2007. His main focus is on charity work, current investments, growing Hamilton Bradshaw and mentoring entrepreneurs to help ensure their success. With a passion for building businesses and backing talented people, he has been building and selling businesses since 1985 and thinks it is important to invest in people rather than products or businesses. James is a great believer that it is people who create a successful business through their passion and conviction, with a firm belief that “It’s your attitude, not your aptitude that determines your altitude”. James’ website link (You may find and download his audiobook via this link) James on LinkedIn James on Twitter @jamescaan James on Facebook James on Instagram Hamilton Bradshaw Group website link Recruitment Entrepreneur website link People and Resources Mentioned Abid Hamid on LinkedIn Doug Bugie on LinkedIn Walter James website link ZRG Partners website link Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#81 James Caan on the 10 Characteristics of Highly Successful Recruitment Entrepreneurs TRR#69 Recruitment Legends: Leadership and Life Lessons From 40 Years in the Global Recruiting Industry, with Doug Bugie TRR#48 Recruitment Entrepreneur: How to Start-Up and Scale an “Exit-able” Recruitment Business, with Abid Hamid Subscribe to The Resilient Recruiter
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Apr 22, 2022 • 54min

The Four Pillars of Success in Growing Your Recruitment Business, with Doug Baird, Ep #122

I am always fascinated by hearing how recruitment business owners navigate their journeys through difficulties to grow their practices. That’s why I am very much delighted to share this episode with you on how my special guest, Doug Baird focused on four strategic pillars to successfully grow his small contract recruitment firm into a leading consultancy group today. Doug is the CEO at New Street Consulting Group (NSCG), a people advisory firm that helps their clients find, assess, build and accelerate teams and leaders who are as good in practice as they are on paper. NSC has been ranked as one of the best small companies in the UK, previously ranked in the Sunday Times’ Fast Track 100, and Doug himself has been a finalist in the Ernst & Young Entrepreneur Award. Episode Outline and Highlights [2:40] How Doug started his recruitment firm leading up to the foundation of New Street Consultancy Group. [9:30]  NSC’s approach to offering client solutions via meaningful strategic conversations. [13:50] Growing through acquisitions - Doug shares his thoughts. [18:54] Doug’s Four Strategic Pillars for growing his recruitment business. [24:10] How to use the sense of dissatisfaction to achieve more in your career. [29:54] Discussion on some of the biggest challenges that Doug had to navigate through. [32:26] Sharing best practices to find the right people for your recruitment business. [34:35] What is governance and what does it mean for your organization? [37:11] How to balance your team’s structure when bringing in talent. [44:12] Utilizing technology as you scale your business. [49:43] Looking back at his journey, what are the things that Doug would have done differently? The Four Pillars of Success in Growing Your Recruitment Business Doug shared his story beginning in 2003 when he started Interim Partners. They started off as an interim management provider and contracting recruitment business. In this interview, you will hear how he was able to lead his company to growth which ultimately led him to establish a professional services consulting firm, the NSC Group. I asked for his critical success factors and you will certainly enjoy how he laid the foundation of his business growth on four pillars: talent, structure, governance, and technology. You will also hear us discuss each of these and I am confident that you will be able to pick up several golden nuggets of wisdom to use in your own journey of scaling your business. Using the Sense of Dissatisfaction to Your Advantage Tony Robbins once said that being dissatisfied is one of the best ways to achieve more and stay motivated. This is definitely the same with Doug. He believes that having a sense of dissatisfaction and having the courage to walk away from what you are famous for can work to your advantage. He revealed how this mindset gave him a clear vision of his end goal. Related to this idea, you will hear from this interview why growing your business via acquisition makes sense in certain situations.  Strengthening the Pillar of Technology to Scale Your Business We also covered utilizing technology to effectively manage your recruitment business. Doug shared how they had to let go of some legacy systems they were using and how they adapted by using contemporary technology. We were very specific with some tools such as SalesForce, Bullhorn, Marketo, Cascade for HR, and others. An interesting thing that Doug shared is how they are using Salesforce and Bullhorn at the same time despite the potential overlap. You may be able to relate with some of the technologies mentioned. What Would Have Doug Done Differently? What I consider to be the best part of my conversation with Doug in this episode is when he responded to the question of what he would have done differently. “I would probably have tried to have held onto people, some of them that I’ve had at the very beginning,” is how Doug puts it. When you listen to this part, you will hear Doug’s sincerity as he further elaborates on what he meant.  Our Sponsors This podcast is proudly sponsored by i-intro®.  i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allows recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained  Doug Baird Bio and Contact Info Doug has 25 plus years in recruitment and professional services where he created and managed companies operating within Interim Management, Executive Search and Leadership Consulting. Outside of work, his four children keep him busy. With his family, Doug loves traveling, skiing and cinema. He enjoys rugby, plays golf badly and loves learning new things - fortunate to be heading to Harvard in May. Doug on LinkedIn Doug on Twitter @Doug_NSCG New Street Consulting (NSC) Group website link People and Resources Mentioned Katie Howard on LinkedIn James Caan on LinkedIn Greg Savage on LinkedIn Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#15 How Katie Howard Cross Empowers Women in Recruitment to Excel TRR#81 James Caan on the 10 Characteristics of Highly Successful Recruitment Entrepreneurs TRR#64 The Recruiter Roadmap to Recovery: How to Thrive in a Post-Pandemic World, with Greg Savage   Subscribe to The Resilient Recruiter

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