About this episode
Marc Cohen scaled his recruitment agency in the US and secured an 8 figure exit.On this week's RAG Podcast, I am joined by Marc, founder of ConSol Partners, who achieved something that 99.9% of recruitment founders will never do.Marc and his co-founder Graeme built their agency with an exit strategy in mind from day 1, navigating economic downturns, and predicting the success of future markets.In this episode, we discuss:Marc's unique story from Recruiter to FounderThe reason why he scaled the business statesideThe strategy behind selling 65% of the business before maximising the final saleHis thoughts on whether the US really is the golden dream for recruitment entrepreneursThe emotional and financial complexities of exiting a businessWhat life looks like post-exit and how to stay motivatedIf you have ambitions of scaling and selling a business—especially in the US—this episode is essential.Chapters00:00 Introduction03:00 Marc's journey to America06:09 Building a career in recruitment08:57 The entrepreneurial spirit11:56 Setting up ConSol Partners15:02 Vision and philosophy in business18:02 The startup journey 20:58 Navigating challenges in a new economy22:58 Identifying future trends25:10 Evolving business strategies27:54 Expansion into AI and robotics30:15 The move to the US35:41 Maintaining relationships across borders37:50 Preparing for an exit44:54 The exit process and negotiations50:02 Post-exit reflections and challenges52:40 Investment strategies after the exit56:49 Emotional connections in business01:01:20 Identity and purpose after exiting01:03:12 Daily life and new routines01:06:09 Future aspirations and community engagement01:10:18 Looking ahead: scaling in the US01:12:26 Closing thoughts and final reflections__________________________________________Episode Sponsor: UntappedUntapped is THE market leader and go-to agency for finding and hiring tried-and-tested offshore talent into UK, US and Australian-based recruitment companies.They’re providing top-class TEAMMATES, NOT OUTSOURCES! We use Untapped for Hoxo’s own offshore hires, and it’s been a total game-changer for our team. No one else can compete with the quality of their network, their in-depth candidate assessment process or their time to hire. If hiring elite-level overseas talent into your business to boost sales and increase productivity whilst saving yourself a huge amount in employment costs isn’t on your radar for 2024, it should be!Untapped are hiring recruitment, sales, marketing and support staff into recruitment agencies of all shapes, sizes and specialisms globall
