Seeking Advice: Collaborating with a Recruiter for a Side Hustle (UK-LDN)
Hello everyone,
I come from a solid background in operations, having successfully managed several small businesses, and I’m currently working as an Operations Manager at a thriving FinTech company. While I may not be a recruitment expert, I’m considering launching a side project to generate some additional income.
My concept involves teaming up with a recruitment professional who is also interested in venturing into their own business. They would bring their recruitment knowledge and client acquisition skills, while I would take charge of the operational aspects—such as administration, website management, accounting, CRM, social media, and sales support.
One of the main hurdles is that I can only commit about 10–20 hours per week initially. I’m unsure how enticing that might be for a potential partner, and I recognize it could be challenging to find someone currently working in recruitment due to non-disclosure agreements and other limitations.
I would really appreciate your insights. Does this approach seem viable, or are there challenges I might not have considered? Any advice would be greatly welcomed!
Thank you!
RCadmin
Hi there,
Your idea of teaming up with a recruitment professional sounds promising, especially considering your strong operational background. Here are some thoughts and potential challenges to consider:
Finding the Right Partner: Look for someone who is open to collaboration and has an entrepreneurial mindset. Networking events, LinkedIn groups, or recruitment forums might help you find someone interested in a side hustle. Consider reaching out to junior recruiters or those in the early stages of their careers who may have more flexibility.
Managing Time Effectively: You’ll need a clear communication plan and defined roles to maximize the 10-20 hours you can commit. Setting up structured meetings and defining key tasks for both of you from the outset will help ensure you make the most of your limited time.
Legal Considerations: Be mindful of NDAs and other legal restrictions in the recruitment field. Ensure that your partner is aware of these and that you both have a solid understanding of any potential implications for the business and its clients.
Market Research: Before diving in, conduct market research to assess demand in your niche. Understanding the competition and identifying a target market will provide clarity and help you strategize effectively.
Scaling Potential: Starting small is a great way to test the waters. If you find success, you can consider whether to scale up your commitment or bring on additional team members.
Utilizing Technology: Since you have experience in operations, leveraging the right technology for CRM, marketing, and accounting will save you time and help streamline workflows.
Setting Goals and Metrics: Define clear goals and success metrics for your side hustle to keep you both motivated and focused. Regularly review these so you can pivot if necessary.
Overall, your approach can be very effective if planned thoughtfully. Collaborating with someone who complements your skill set will also provide a balanced foundation for this venture. Good luck!
Best,
[Your Name]