Ep 11 – From Recruitment to Revolution: The Tech-Driven Journey of Serial Entrepreneur Dan McGuire (Part 1)
Watch Part 1 of 2 of the Full Episode (30 mins)
Recruitment Transactions International (RTI) is the first global matching platform for buyers, investors, and sellers in the recruitment and staffing industry. For our 11th podcast, RTI Managing Partner Simon Childs talks to highly successful entrepreneur Dan McGuire to highlight his remarkable transition from recruiter to HR tech entrepreneur, his role in various tech-driven businesses, and his ongoing journey as a serial entrepreneur, investor, advisor, and coach.
In Part 1 of this two-part series, Dan discusses his early background, including his tenure in recruitment with SThree and MECS, and how these experiences influenced him to start his own firm, outlining the early challenges and strategies he undertook. He also shares his journey in the early days of Broadbean Technology and getting it off the ground, discussing the inspiration behind it, initial funding sources, partnerships, technology development, initial clients, growth metrics, and the decision to sell Broadbean.
Key Talking Points:
[00:21] Introduction and Background
[01:39] Paying respects to mutual friend and well-loved industry personality Ryan McCabe, CEO at Odro.
[07:12] Early recruitment background with SThree and MECS: Key learnings and transition to entrepreneurship.
[10:35] Starting Broadbean Technology: Inspiration, initial funding sources, partnerships, technology, initial clients, growth metrics.
[18:00] Selling Broadbean to DMGT.
Watch out for Part 2 of the series, where Dan talks about his experience in starting Cube19 after the sale of Broadbean Technology. He shares his experience in securing funding for Cube19, its ten-year journey leading to its exit, and why Bullhorn was the right fit for Cube19. He also discusses his role as SVP Analytics at Bullhorn and why he eventually left.
Fast-forward to the present day, where Dan discusses his current involvements with Ebsta, SAAS Academy, and Recruiter Insider, the technology it offers, and gives general advice to anyone considering starting an HR tech product.
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