StartHub Newsletter - Edition 004

The only constant in life is change - Heraclitus

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By the end of July, there was a staggering increase of 2,000 new recruitment business registrations in the UK compared to the same period last year.*?

Simply put, 2023 is poised to set a new record for the highest number of recruitment registrations in a calendar year.

So, why are so many recruitment entrepreneurs starting a company in 2023?

Considering business, market, work-life and technological factors, here are some of the key reasons:

1. Change in current employment / working environment. When faced with challenging times, business leaders often default to cutting budgets, reducing headcount, adjusting commission structures, and demanding higher productivity. Employees can feel undervalued and start evaluating their opportunities.
2. Post-pandemic reset. The pandemic created a new working dynamic – overnight, the recruitment industry switched wholesale to a WFH model, and many office-trained professionals became ‘bedroom recruiters’. For many, adjusting to this new style of working highlighted their ability to create revenue independently.?
3. Rise in tech. Rapid growth in sales and automation tools is creating a huge opportunity for recruitment business owners to automate repetitive and time-consuming work. From revenue intelligence tools to sales engagement platforms to CRMs, ATS, conversation marketing, personal brand social media (the list goes on!), there is a tool to help build a brand, save time and grow your business.?

Love to get your thoughts?

If you're thinking of taking the next step in your career and want to discuss your business idea, please book a confidential chat ?with us

Happy Billing!

RecruitHub

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*Source: Companies House

Inside the Hub: Community & Product Updates

• Global Founder Meetup - London

Community members from the UK & US will come together to hear from expert guest speakers discussing hot topics in recruitment and entrepreneurship such as AI, ChatGPT, pricing strategies, and mastering mindset for business owners.

• US Meetup - Florida

The RecruitHub team are visiting stateside! We are bringing community members together in November for a day of collaboration, workshops.. and we're sure there will be some networking drinks in the evening!

• Solopreneur Meetup - Manchester

An informal yet highly productive Solopreneur Meetup in Manchester to share ideas, and emerge better equipped to tackle the road to success ahead. Topics covered include mindset, routine, wellbeing, business development, networking, brand awareness, building healthy habits, nailing automation, and more.?

• Cohort Workshops

We're excited to announce sessions featuring:

• Mark Porter : "Adding value and building relationships with Talent Acquisition" - Mark worked in-house at Meta, having previously led TA efforts across tech sectors for a leading global FinTech firm for 10+ years.
• Amber Penrose & Stuart Mitchell : "Building Social Brand on LinkedIn" - Amber and Stuart have some of the strongest personal brands across the RH customer network, consistently generating topical content that provide.

New product features and tools

• Company Directory - part of our ongoing project to facilitate more collaborations between Founders. Through working together and fee-sharing, there is a potential to fill roles outside of a founder's specialism that usually wouldn't be worked on or asked about.
• Founder Hiring Collaboration - new product development enabling 70+ founders to share roles and fees with ease. Collaborating brings many benefits including; broadening market, increasing revenue, saving time on BD and improving brand image.??
• Automated Business Reporting - we connect all of your software and data together to provide you with one clear narrative on your business position. No more piecing the jigsaw together - get actionable insights on tap to make faster decisions.

Founder Community

We're super excited to welcome new founders into our rapidly growing community of startup businesses in the UK, US & UAE.?

UK?????

• Chris Walker - Made Talent - Tech for Good
• Toby Lawton - Cynosure Talent - Medical Devices
• Chris Kielthy - Genius Talent - Tech - AI & SaaS
• Stuart Bennett - Ampere Recruitment - Electronics & Semiconductors

US?????

• Jordan Seace - Target Bio Research - Life Sciences

New Founder Catchup?

Mark Porter, Vertex Search

UK, Finance & Technology

"The calibre of the founders is super strong. Everyone’s really willing to share ideas"

We caught up with Mark to discuss his new venture – Vertex Search – specialists in recruiting the top talent in technology, maths and finance into world-leading organisations.

Watch the video below to hear Mark’s insights on why he pivoted away from his initial startup process and what’s making him reconsider his growth plans.

RAG Podcast

Stuart Mitchell , founder of Hampton North in conversation with Sean Anderson

With experience in both the UK and US markets, million-dollar biller Stuart Mitchell formed Hampton North to tackle the biggest problem in cyber security; the talent shortage. Nine months into his journey, Stuart caught up with Sean Anderson to discuss his career and ambitions for Hampton North.

Your Questions Answered?

We discuss new business ideas with recruiters in the US, UK and UAE every day and have compiled some of the most frequently asked questions to help you.?

What people ask us...

• Is it really 'my business'?
• What support do I get?
• How does the pricing model work?
• Does RecruitHub offer investment?
• Can I self-fund my launch?
• Who does RecruitHub work with?
• How long does it take to launch?
• What is the RecruitHub tech stack?
• Does RecruitHub support international recruitment?
• Can I finance contractors through the platform?
• Is RecruitHub only for high-growth agencies?

Have your own questions?

We'd love to speak with you, get in touch with the team?here