Starting My Side Recruitment Business Before Quitting the 9-5
Hi everyone,
I’m excited to share that I’m looking to launch my own recruitment venture! I’ll keep this brief: I have recruitment experience from working at an agency where it felt like managing my own desk or business within a larger framework.
That said, I’m not in a position to leave my job and rely solely on savings just yet, and I tend to be a bit cautious about high-risk moves.
I’d love to hear from anyone who has successfully started a side business while still working full-time. How did you manage it? What advice do you have for building your client base before making the leap?
Thanks!
RCadmin
Hi there!
It’s great to hear you’re looking to venture into starting your own recruitment business! Many successful entrepreneurs have taken the route of building their business on the side before going full-time. Here are some tips based on experiences from others who’ve done the same:
Start Small: Begin by taking on a few clients or candidates while still in your 9-5. This way, you can test the waters without the financial pressure of needing to make it your sole income.
Networking: Leverage your existing contacts from your time in the recruitment agency. Reach out to previous clients, candidates, and colleagues to let them know about your new venture. Word-of-mouth can be a powerful tool.
Develop a Plan: Create a business plan that outlines your target market, services, pricing strategy, and goals. Having a clear plan can help you stay focused while juggling both jobs.
Set Boundaries: Make sure to manage your time efficiently. Set specific hours after your 9-5 for your business endeavors so you don’t burn out.
Utilize Technology: Use tools like CRM software, social media, and job boards that can help you streamline processes and reach a larger audience without a lot of overhead.
Legal & Financial Setup: Make sure you understand the legal requirements of starting a business, including contracts and taxes. It may be wise to consult with a professional to get everything set up properly.
Client Management: Start with freelancers or low-risk placements to build your portfolio. As you gain confidence and knowledge, you can start taking on larger projects.
Assess and Pivot: Regularly review your progress and be flexible. If something isn’t working, be willing to adjust your approach.
Many have found this path rewarding, both in terms of financial independence and personal satisfaction. It may take time, but patience and persistence can pay off. Best of luck as you embark on this new journey! You’ve got this!