The title isn’t completely accurate. I didn’t just think of starting my own recruiting company today, its actually been in the back of my mind for quite some time. Like most independent recruiters I started off my career with a well established agency. While I enjoyed wearing a suite and tie and working in the heart of the Financial District, too me it was just hype. I wanted more.
When I say “more” I’m not just referring to money (I’m not going to lie, I hated the idea that the company made thousands every time I closed a deal, but I’ll get to that later) What I wanted was more “ownership.” Recruiting is largely based on relationships. I wanted to own the relationships that I fostered. As an employee, the relationship you foster is largely owned by the company. The relationship you build for them is used many times over, long after you are gone.
As far as the money goes, its no secret how little overhead is involved with recruiting. (If you don’t know we’ll cover that at a later blog post) When I figured out the numbers I had a pretty good laugh at myself, that’s right I laughed at myself, it was that bad. In my first three months in the industry ( starting Aug 08) I realized I more than payed for my salary the whole year. Those may seem like simple (maybe even narrow) reasons to start a business hopefully its not a bad move.
So what made you guys want to be an independent recruiter? Everyone has their own reasons and motivations and I would love to hear about yours.
This blog will definitely cover the technical aspects of starting a business but I want to hear from you guys before we start talking about the “hard stuff.”
note: If you have any topic suggestions, let me know and I’ll make an effort to cover it.
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I’m interested in the recruiting business and your blog caught my attention. I’m on the verge of closing a servicing business because of a health concern. I would like to share my years of experience to connect people together. That would be my way of giving back. Can you share ways I can get started.