Have you ever dreamed of starting and scaling up a recruitment business to the point that you could achieve a successful exit? If so, you’re going to love my interview with James Caan, who joins us for his second time on the show.
In this episode, James walks us through how to successfully launch, scale, and exit your business. His insights are backed up by his track record as the founder of Recruitment Entrepreneur, the world’s leading private equity firm specializing in recruitment start-ups and scale ups. RE has been successfully operating in 60+ countries and has currently invested in 45 recruitment businesses. You will hear a case study of how one of Recruitment Entrepreneur’s partners was able to launched, scale, and sell their business for $12m in just five years!
James is an investor, a serial entrepreneur, and a former panellist on the hit TV series Dragon’s Den. He founded two recruitment companies with combined revenue of £1B.
Episode Outline and Highlights
[1:41] James shares his perspective on the recruitment market of 2022 compared to 2021.
[5:08] How Recruitment Entrepreneur helps recruiters build scalable businesses.
[10:05] From $220k to $2M USD in billings in five years - James shared a Recruitment Entrepreneur case study.
[22:08] Why is James now expanding Recruitment Entrepreneur to the US?
[27:36] What is meant by smart capital and how it impacts the recruitment industry.
[29:16] Expanding beyond the US - why Recruitment Entrepreneur is going global and why it makes sense.
[35:35] James’ mindset on creating value for their clients. Also, hear James reveal their ‘secret sauce’ for their success.
[40:55] How James’ team consistently helps enhance the value of businesses prior to exit events.
[42:46] What buyers are looking for in a recruitment business that they may want to acquire.
[47:45] How Recruitment Entrepreneur supports businesses in their portfolio to attract good talent.
[54:44] How training and development can easily assimilate new joiners to your business’ work culture.