6 Things I Wish I Knew Before Starting a Recruitment Agency

Starting a recruitment agency can be difficult, but with the right knowledge, you can navigate the challenges and build a successful business.

In this video, I will talk about 6 essential things that I wish I had known when starting my recruitment agency. This video discusses recruitment strategies, recruiter advice, recruitment marketing, and recruitment business success.

Here are the six insights that you will get to know in this video:

1. Build Your Personal Brand First

Set yourself up in advance and build your personal brand and a community on LinkedIn. Build a target audience of people who could potentially buy from you. Give value for an entire year without asking for anything in return. The goal is to attract, not chase.

2. Secure Your Finances

Save at least six months of expenses plus the cost of licenses. Consider the turnaround time for payment and ensure you have enough in the bank to cover your costs and living expenses.

3. Set KPIs and Structure Your Day

Set yourself KPIs, targets, and goals. Structure your day and be consistent. This helps maintain balance and ensures you're not neglecting any aspect of your business.

4. Document Your Journey

Journal your entire experience. This will help you reflect, identify what's working and what's not, and understand how your feelings correlate with your performance.

5. Prepare for Challenges

Be aware that you'll want to quit, probably every week for the first couple of years. This journey is hard and not for the faint-hearted. The time investment will be much more than you anticipate.

6. Identify Your Unique Selling Point

Understand what sets you apart from competitors. Know your market well, understand its pain points, and offer solutions. Consider picking a niche and sticking to it initially.

Bonus Tip: Outsource "Ten Dollar Tasks"

Outsource tasks that don't directly generate revenue. Focus on activities that build relationships and directly contribute to placements. Consider hiring VAs for tasks like market mapping, formatting resumes, and creating infographics.

Remember, starting a recruitment agency is challenging but rewarding. 

If you are interested in our training programs to learn how to build your personal brand on LinkedIn, learn advanced sales techniques or automate the lead generation process, please submit an enquiry via the “Contact” page and we will be in touch.