Seeking Advice: Collaborating with a Recruiter for a Side Hustle (UK-LDN)
Hello everyone,
I have a solid background in operations, having successfully managed several small businesses, and I’m currently serving as an Operations Manager at a thriving FinTech company. While recruitment isn’t my specialty, I’m considering launching a side project to create some additional income.
My idea is to collaborate with a recruitment professional who is also looking to start their own venture. They would offer their expertise in recruitment and client acquisition, while I would take care of the operational aspects—such as administration, website management, accounting, CRM, social media, and sales support.
The main hurdle is that I can only commit 10-20 hours per week initially. I’m uncertain how attractive this arrangement would be, and I understand it might be challenging to find someone in recruitment who’s not restricted by NDAs or other obligations.
I would love to hear your perspectives. Does this seem like a viable strategy, or are there challenges I might be overlooking? Any insights would be greatly appreciated!
Thank you!
RCadmin
Hi there,
Your idea of teaming up with a recruitment professional to start a side hustle sounds promising, and leveraging your strong operations background can certainly add value to a partnership. Here are a few thoughts and considerations:
Feasibility: Combining your operational skills with a recruiter’s expertise could create a solid foundation for a successful venture. Many recruitment businesses struggle with operational aspects, so your strengths can complement their recruitment skills.
Finding the Right Partner: While it may be challenging to find someone actively working in recruitment due to NDAs, there are recruitment professionals looking to diversify their income streams. Consider networking events, LinkedIn groups, or even forums for freelancers where you might find someone with an entrepreneurial spirit.
Time Commitment: Dedicating 10-20 hours per week is reasonable for a side hustle, but managing expectations is key. Make sure to communicate clearly with your potential partner about your availability and how this might affect project timelines.
Legal Considerations: If you do partner with someone from the recruitment industry, it’s important to ensure that you’re both aware of any legal implications or restrictions associated with their current employment. This will help in avoiding any conflicts.
Business Model: Consider how you will structure your services. Will you focus on a niche market, or will you offer general recruitment services? Understanding your target audience will be crucial for your marketing efforts.
Supporting Your Partner: Since you have operational expertise, think about how you can streamline processes to make it easier for the recruiter. This could include setting up efficient CRM systems, automating admin tasks, and enhancing their online presence with effective social media strategies.
Testing the Waters: Before fully committing, you might want to run a pilot project or do some freelance work on the side to see if the partnership works. This could help you gauge the market demand and understand the dynamics of working with a recruiter.
Feedback Loop: Regular communication and feedback will be essential. Make sure to establish a rhythm for check-ins, whether it’s weekly or bi-weekly, to review progress and make adjustments as needed.
Ultimately, it sounds like you have a solid concept that could work well with the right partner and a clear business strategy. Best of luck with your endeavor, and feel free to keep the community posted on your progress!
Cheers!