Nicky Coffin, Director, Centred Excellence
We will share the 7 habits that multi-millionaire recruitment business owners adopt that has enabled them to scale their businesses quickly and profitably without getting stressed or burnout.
There will be really simple yet tangible strategies that recruitment business owners will be able to take from our presentation and implement immediately within their business that will increase their profits and reduce their frustrations.
This will give them more time to spend ON the business rather than having to be IN the business.
The 7 Habits of Multi Millionaire Recruitment Business Owners – How To Scale Your Business To 7 – 8 Figures With Balance
1. THE 7 HABITS OF MILLIONAIRE
RECRUITMENT BUSINESS OWNERS”
How to Build & Scale a 7 or 8 Figure Business without
burning yourself out or working harder…
2.
3. 1st 18 months 8 out of 10
entrepreneurial businesses
fail…
20. • Deep Dive Analysis
• Hidden Areas
• Unlock instant revenue streams
21. 80 / 20 Rule…
• The 20% of your clients or candidates that generate the
80% of your profits.
• Park all the other options you had running around in your
head and focus on ONE THING….
• Keeps it really simple.
22. Do you Know…
• Who the 20% of your client base who delivered 80% of
your revenues over the last 12 months?
• Who are the top 20% of that 20%?
• 20% of 20% is 4%?
25. “Leaders Climb the highest tree in the
jungle to make sure they are in the right
jungle. Most managers as so busy
chopping away at the under growth that
they don’t even realise they are in the
wrong jungle.” Stephen Covey
28. “If we were meeting three years from
today – and you were to look back over
those three years to today – what has to
have happened during that period, both
personally and professionally, for you to
feel happy about your progress?”
29. Hold the vision for yourself and
your team that’s so compelling it
influences the way you live and
act moment by moment…
42. Questions to Explore…
• Who are the consultants that are currently
making the most money?
• What is their % of jobs placed in the last 3
months?
• Who are the high potentials in your business
who could support the high performers and
capture that 20%?
45. Why Use 120 or 180 Model?
• Team Working to strengths and in flow
• More productive
• Less stress and burnout - better staff retention
• A team based model – knowledge shared and cascaded, reduces risk if
someone leaves
• Experts in their niche
• Easier to hire
48. research / resource
critical role that feeds both delivery and
development
- KPIed on leads, MPCs, deals
- strategic sourcing & recycling
- reduces admin on experienced staff
- can be based anywhere
- lower salary and bonus level paid
49. delivery
Services and manages clients and candidates
through the process
- Niche Focused
- KPIed on deals, quality and client penetration
- highly professional recruiters
- short term delivery and long term relationship
focus
- quality and best practice processes
- low/med salary, commission and bonus paid
50. development
sells, opens doors, does first generation deals
- Niche Focused
- KPIed on deals
- hunter: more client than candidate driven
- Networker
- low/med/high salary, commission and
bonus paid
59. How to Fire Yourself
• Get conscious about where you are spending your time
• Hire people around you to do the things that need to be done
but not by you…
• Leverage…. Automate or systemize your recruitment and
business processes – IT or people systems
• Rock solid management reporting and review system with
KPIs and ratios
• Proper process in place to hire, on board and develop great
talent
60. 7 Habits of Millionaire
Recruitment Business
Owners…
61. 1. Mindset
2. Business x ray
3. Start with End in Mind
4. Inch wide mile deep
5. Slip Streaming
6. Ultimate Recruitment Model
7. Fire yourself
62. • Rid of 90% off to do list
• Get back 2-3 days extra a week…
• Team working to strengths
• More motivated team
• Increased results, efficiencies and fun
64. What You’ll Get from Profit Accelerator Session –
Worth £300:
1. What is unconsciously sabotaging you from scaling
your business to a 7 or 8 figure business
2. Create a Clear plan that describes in detail the
steps you need to take to scale your business to a
7 – 8 figure business
3. Identify the one simple step you can take
immediately to get into action