StartHub - Edition 010
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We hope you're having a great Q1!
We're frequently asked about benchmarks and milestones, and as we're building towards our first-ever annual awards at the end of the year, we wanted to share some of the top performing numbers from our community (so far!)
- The current #1 personal billing spot for 2024 sits at $270k+ booked since Jan... ($1.6m+ annualised)
- 7x start-up recruiters currently average $500k+ in the last 12m, with 2x clearing $1m+
- There are 5x recruiters in the RecruitHub network who've started 2024 on pace for $800k+ personal billings, with 13x on pace for $500k+
- There are 8x start-ups tracking to $1m+ so far this year
- The largest fee across the network in the last 12m sits at $279k, with $225k in second place.
- The top-spending end client account in the last 12m is currently at $980k
From the very beginning, our focus has been on fostering collaboration and idea-sharing among individuals. We're proud that we've been able to bring together the best talent from across the UK, US, UAE and Europe. If you're curious to understand how our community works together, get in touch - we'd love to speak with you.
Happy billing!
RecruitHub team
New founder launches 🚀
We're super excited to welcome new founders into our rapidly growing community across the UK, US, UAE & Europe.
- 🚀 🇬🇧 - Simon Cottenham, Source Energy
- 🚀 🇺🇸 - Evan Santi, Berkley Hunt
- 🚀 🇺🇸 - Andrew Banuchi, Delver
- 🚀 🇺🇸 - Alex Flis, Private Placements
Our global network of 100+ businesses support contract, perm, embedded, and retained search in over 30 countries. The invaluable wealth of experience and insights our network provides is truly exceptional.
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.
Founder Launch Stories
Amber Penrose
Founder, Moxee - UK, Life Sciences
With a true passion for the life sciences sector, Amber’s market knowledge and entrepreneurial instincts led her become a top biller and mentor to her team. During the Pandemic, Amber reappraised what was important to her, drawing inspiration from her mum and other successful entrepreneurs to start the path to founding her own business.
Recommended by LinkedIn
We caught up with Amber to get insight into her journey, discussing everything from her evaluation process, to why Biotech startups embrace working with Moxee and what it means to be working in a community of founders.
Inside the Hub
Platform 2.0
Moving out of beta this month, the next iteration of our platform includes:
- Streamlined business processes with direct access via the portal (payroll, OKRs, P&L)
- Expansion of support content & access
- Enhanced employee onboarding & performance management tools
- Automated business reporting
- Suite of new marketing templates with click-to-brand design
Partner webinars
Tons of value from our partners in this upcoming series of webinars:
- Bullhorn - Analytics & Automation
- Hoxo Media - Personal brand workshop
- AdScribe - Raising revenue from LinkedIn posts, job descriptions, CV summaries, blogs, website and more
- Mike Whatman - how to build an effective onboarding and ramp-up program for new hires
- Ascen - a guide to providing contract and interim staffing to the US market
Insights and best practice
- Efficient time management and planning
- Cold BD, objection handling, and pitching
- Building and maintaining strong client relationships
- Strategic candidate search and top-billing habits
- Continuous improvement of credibility with clients and candidates
Inside the Hub
Community
We met for our most recent Founders Drinks in London on Thursday 7th March. Thanks to everyone who made it out - a great opportunity for Founders to meet in person, network and share ideas.
Want to join us on our next meet-up?
Founder Insight
Why people partner with RecruitHub
We've spoken to lots of founders this year to gain insight into why they decided to start a business, their journey to launching and advice for anyone who's thinking about becoming a founder.
Billing numbers
How does a typical start-up perform?
On average, start-ups on the RecruitHub platform
Close their first placement within 60 days...
Bill on average of £270k / $343k in their first year of trading.
Some bill over £800k / $1m!
Largest fee in 2023...
100% comms...
Our platform supports a mix of lifestyle recruiters and growth agencies.
Most founders who want to scale start hiring 9+ months in.
...their employees go on to generate on average £12/$15k billings per month.
Record is $500k inside 9 months
Connect with us for a confidential chat about your business idea or to answer any questions you might have.
See how RecruitHub works in under 90 seconds