Recruiting Firm Owners - Strategies to Grow Your Business

Most executive recruiter training on the market doespredictors of revenue production.
an outstanding job covering technique, such asWhat you need to Know
negotiating, taking better job orders, attractingThe recruiting firm owner needs to know their
candidates, use of technology, etc. My favorites areaverage fee, the ratio of first time interviews to
Danny Cahill, Charles Wadlow, and Peter Lefkowitz.placements, the number of search assignments or
You can not go wrong with any of the above.job orders to placements, and ideally the number of
However, the biggest weakness in the market forcandidates the recruiter needs to speak with to find
recruitment training is the area of management andone qualified and motivated to go on an interview.
leadership. Many of my clients express frustration ofWith the data your recruiter training can not only
how to grow their firms from typically a one to fourfocus on the techniques needed to become
person firm They want to scale to an organizationproficient, but, the amount of actual activity each
producing in excess of two million dollars per year, orrecruiter needs in a given day, week and month to
about ten to fifteen employees.be successful. If the recruiting firm owner can visually
The Challenge, get to know the unknownshow the new recruiter the EXACT number of calls
The biggest challenge for these individuals is leavingneeded on a daily basis he/she will know quickly if his
their role as a producing, billing manager. Their othernew hire is on "track" or not. Quick coaching and
challenge is a lack of clarity around what their rolementoring in areas that are deficient will increase
should be in growing the business while mitigating theperformance and retention dramatically.
risk of not producing. To "cross this bridge" fromLastly, being in full control of this information allows
billing manager to non-billing manager, the recruitingthe recruiting firm owner to manage his entire
firm owner needs to master the metrics of his/herbusiness to these metrics dramatically increasing the
business in order to be able to manage the keylikelihood of building a scalable business.