Starting Your Own Business

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Starting Your Own Business

Discuss challenges and advantages of starting your own recruiting or sourcing business and sharing experience, advice and business development tips.

Location: Virtual
Members: 132
Latest Activity: Aug 12

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Comment by Sangita Singh on September 30, 2013 at 2:58am

Well I run a HR consultancy business and it's been about 6 years. I started it my own. Faced with lots of problems and tackled those problems with ease. Keeping these things on mind, I also wrote the book "How To Start An HR Consultancy Company?" to help other people not to fall in the problems I faced. In short, this book is a step by step guide for entrepreneurs who plan to start their own HR recruitment and Consulting business. You can check out more at:  http://gsjobpoint.com/how-to-start-a-hr-consultancy-company.php

Comment by Yasir S. Jilani on March 13, 2013 at 7:09pm

Hi Pam,

Love your detail explanation. Thanks.

Comment by pam claughton on February 18, 2013 at 2:48pm

Hi Cindy,

Sure. Today's actually a good day as it's fairly quiet because of the holiday. You can reach me on my office line, 508 746-1427.

~Pam

Comment by Cindy Vogel on February 18, 2013 at 11:09am

Pam,

Thank you for all your wonderful insight.  I'm hoping I could give you call and pick your brain some if that is ok?

Cindy

Comment by pam claughton on February 18, 2013 at 7:46am

Hi Cindy,

Congratulations! It's an exciting decision. It's one I made about 8 years ago, after 10 years with the same search firm, and I only wish I'd done it sooner. After that many years, even though you know you want to do it, it's still difficult to leave.

But, here's how I did it:

I actually moved about a year before I went on my own, and cut my monthly rent payment in half. I kept my expenses low, figuring on at least six months before I'd see commission. I knew, because I'd been in commission sales before recruiting, that you want to set yourself up for success and having high financial stress is not the way to do it.

So, when I went on my own I started out of my house. I had about six months of savings. Initial expenses were:

ATS system. I went with cbizsoft which is about $70 a month.

Good, reliable computer. Back then I had a pc....if I were starting over now, I'd get a Mac for sure.

Good phone service (this has come way down in price, and you could even just start with your cell--smartphone is a must, having access to your email on the go is a life-saver).

I'd invest in some ongoing training as well. Mike Gionta has a great owner's monthly Q and A and recorded trainings that are super and the questions asked are all from owners like yourself, really helpful and only $50 a month. I also subscribed to www.accordingtodanny.com and www.nextlevelexchange.com You don't need all three though, I'd suggest Mike and either danny or Next level, they both run about $99 a month and you can do free trials I think to check them out. 

One of the keys to my success when I started out was establishing a small network of fellow recruiters to do splits with. This way you are not all alone doing this, and it can get you off to a much quicker start billing. I think it's important to know and trust the people you do splits with. I investigated some of the big splits networks, but heard a few horror stories that made me back away quickly, such as a friend who posted a search and then her contact told her that within a day a half a dozen random recruiters called her client to try and steal the job order. You don't want to have to worry about that. Start with a few people you trust. For me it was people I used to work with who had also gone on their own and a few other people I met through others. 

Initially, your focus will be on getting clients. All you need are a few good clients and good job orders. You may also want to investigate www.bountyjobs.com as a possible job order source, although I wouldn't put a lot of time or effort there, more like a backup place for candidates you don't have jobs for.

The best piece of advice I can give you, is to work harder than you ever have to get your business going. When I started, I was determined to make a placement my first month and I made sure that happened by starting every day between 6 and 7 and going non-stop all day and into the evening. The more you put into your business the more you will get out of it.

Get a website up, you can do this for almost nothing. I just put a site up for my brother a few weeks ago and spend $13. I used weebly and did it in an afternoon, they make it very easy. Buy your domain through godaddy instead of weebly though, it's much cheaper. Take a look at my brother's site to give you an idea....basic but it's all you need to start with. If you're more advanced at this stuff, you can do a lot with Wordpress, etc. www.toplineplumbingwa.com

For candidate sourcing, LinkedIn is a great inexpensive option, depending on the jobs, craigslist can be good. There's always the boards like Monster, or Dice, but you don't really need them and they are expensive.

I'd also suggesting joining some local networking groups, to get out and about and make good contacts. 

Feel free to ping me directly if you have any questions. And good luck!

~Pam

Comment by Cindy Vogel on February 17, 2013 at 9:53pm

I'm looking to start my own business.  I have been on the agency side for 13 years and I'm tired of giving the company all of my hard earned money.   Anyone of have suggestions or advice on how I should start or what I should be doing?

 

Comment by Bob Brown on November 30, 2010 at 3:52pm
Provide temporary and contract staff to your clients.

You recruit, we handle the rest.

With over 20 years of experience in contingent staffing, ECS manages the process of placing contract and temporary personnel you recruit for job positions at your client. Partnering with ECS allows your recruiting firm to provide high quality contract staffing services to your clients anywhere in the USA. Our goal is to make the process of providing contract and temporary personnel as seamless and simple as your direct placement staffing business. ECS does it all for you, so you can focus on your best skill - recruiting talent. Contact Bob Brown at ECS for additional information.

Bob Brown
Business Development
(678)648-7375
www.ecshome.com
bobbrown@ecshome.com
www.linkedin.com/in/brownbob
Comment by Sona Pandey on October 1, 2010 at 10:05pm
Hello All, I am new in this group. I am running a recruitment and IT technology training company ‘Glisten Technologies’ in Singapore and willing to spread my network & business with highly skilled and experienced professionals and organizations. Thanks.
Comment by Sudip on November 5, 2009 at 11:12am
Hi All
Comment by Tamara Leigh Swearingen on October 12, 2009 at 4:26am
FANTASTIC COMPANY NEEDS YOUR HELP...COME TAKE A LOOK AT OUR STAFFINGFORCE BUSINESS MODEL TODAY!!

Hi there… Just wanted to take a moment out to tell you about an exciting company!

StaffingForce is growing like crazy. We have openings for those of you who are Independent Sourcers, Recruiters and Sales/Business Developer Reps.

We need you! Come be your own boss! Work from home and work as much as you want or as little as you want! You can make money 7 different ways. Yes 7 and then you are an independent consultant.

You can make up to 90% of commissions. We are a leading edge WW Staffing organization that does direct placement, interim staffing and consulting. We have over 90+ staffing professionals and growing today in our network.

StaffingForce provides a collaborative suite of talent management solutions that empowers its community of associates to deliver a full spectrum of interim and permanent staffing solutions to companies ranging from the Fortune 500 to medium-sized businesses and entrepreneurial start-ups.

The StaffingForce platform and community competes differently through strategic positioning that drives the "social network effect" of collaboration, cross-promotion, and financial incentives. If you are have an Entrepreneur spirit about you and are motivated and successful, I want to talk with you.

If you are looking for immediate satisfaction, this may not be the right opportunity for you. It takes time to build and grow this business as you will clearly see overtime. We are not asking you to quit your daytime job to do this either, but YOU will know when it will be the right time to just handle the StaffingForce job as you will see that it will be an amazing business for you to have and work from your home office.

I can only say that we have a lot of the right people at StaffingForce and technology, and WE ARE looking to add more passionate people who really enjoy this kind of work, but again will be offered a chance to work in a completely different business model related to staffing than they have ever seen before till today. We will make sure that you have all the tools to be successful here and we will make sure that we guide you through this process to better understand who we are and where we are going. We can help you build your own team and make some pretty amazing money!

Our team is looking for strong experienced Business Developers who can generate leads, obtain job orders and close deals. You will essentially be responsible for the following:
* Generate job leads and turn into viable, open requisitions
* Partner with our recruitment team to make placements quickly whether it is for contract or perm placements.
* Applicant Tracking System- Enter leads and jobs into our StaffingForce database
* Join in on recruitment team meetings as often as we need to meet and you can offer your input on things.
* Network and Recruit for new recruiters as well!
* Keep journal of business development sales calls you make and provide weekly updates to team

* We have weekly webinars where we show you the Business Model, Inside the Applicant Tracking System, How to Grow a Team, Temp Business via StaffingForce, On Going Training with the Co-founders of StaffingForce and lots of tools a mouse click away. We have just recently included included training videos to view 24/7 on various things that you would want to hear over and aover again as your disposal. You are setup for a real win win situation by coming to one of our webinars ASAP. Do not miss out on what has been conceived as the new direction staffing will head into the next several years. Ground breaking opportunity.

If interested, please email tamara@staffingforce.com today along with your word doc resume and best numbers to call you at so we can get you registered to attend the Business Webinar and see if it is a fit for you! Any webinar that you attend of StaffingForce, you can put my name down as the person who invited you to them . You are also welcome to call me at 510-821-8624 or 925-455-8540- leave message. Once I have your email address then I can send you the invites to the webinars. In the meantime, please join our social network via NING and you can go there by going to www.mystaffingforce.com and create a profile and add some fun things on your page and let others from StaffingForce get to know you! I am looking forward to being your guide throught this whole process and address any questions that arise. Lets gets started- Call me!

thanks,
Tamara Swearingen
Sr Independent Consultant
SF Bay Area
tamara@staffingforce.com
925-455-8540 office
510-821-8624
 

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