Become a work from home mom as an executive recruiter/head hunter.
Increasingly, stay at home moms are professionals who have left the corporate environment, and a solid career, to focus on the quality of the family.
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"No man's credit is as good as his money."
- Edgar Watson Howe |
However, at some point, many moms find that they are bored and want to find a home based business to keep them engaged and contributing to the household in a financial capacity.
If you have a strong network of friends and colleagues from your working years, becoming an executive recruiter/head hunter can be a lucrative home based business for you to create.
Your basic job will be to find suitable candidates to meet a company's needs. Companies will call you to tell you they need to fill a vacant position in their business, and you find people who match their criteria and who are qualified for the job.
This means you need to stay informed about who is 'hot' in a field; which people seem to be the rising stars within their industries, and people who are looking to move from their current job.
As a work from home mom, you need to nurture your contacts so that when you are asked to fill a vacancy, you already have an idea of the best person(s) for that position.
You will need to have strong sales ability and networking skills and have a deep knowledge of one particular industry. If you come from a solid career background where you have met and retained a lot of contacts, this is your ‘in’ to a particular niche.
If you have prior experience as a human resources agent, or in recruiting, this will be an asset, but it is not a requirement. You should also have extensive knowledge of resume building, interviewing skills and self-promotion so that you can help your candidates present themselves to the prospective employers and weed out the ones who aren't suitable for the position before you send them to your client.
As a work from home mom, your clients are the people who are looking for candidates, not the people you are placing into the jobs.
You will need a computer, internet connection, printer and fax machine as well as database management software to help you keep track of people and contacts within the industry. You will want to invest in business cards and stationery as well.
The start up costs for your home based business as an executive recruiter/headhunter will depend on what you already have, but they can run to up to $2-3,000 if you need to purchase the computer, printer, fax and software. Business cards and stationery only cost approximately $100.
The income potential is limitless as a work from home mom. You would charge a standard percentage rate of the employee’s first year salary, usually 25 to 30 percent. Some executive recruiters/head hunters can pull in over $100,000 with only 15 matches a year.
Not a bad gig, eh?
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"Money is better than poverty, if only for financial reasons."
- Woody Allen |
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