Stuart Mitchell: How he built $3M in 3 years (then realised he hated his own job)Stuart Mitchell launched Hampton North in September 2022.$1.6 million year one. $2.5 million year two. On track for $3 million plus in year three.Now 10 staff and projects $1m profit for next year.I interviewed him on the show in the middle of 2023, and things were flying.But over the following 18 months, he nearly broke.His dad died. His wife fell pregnant. And the VP he'd promised her-the guy who was supposed to take the pressure off-pulled out in January."I had to go home to my newly pregnant wife and have a really hard conversation."For 6 months, Stuart ground it out alone. High expectations, low empathy. The worst version of himself.Then at a wedding, his old running mate Greg Anderson said: "I think we should do this again."Greg joined in June and immediately told Stuart the truth: "There is nothing here. No process. Nothing written down. You're making it impossible for anyone who joins to actually do well."This week on The RAG Podcast, Stuart tells the full story.We cover:Launching just before the 2023 downturn and hitting $1.6M in the first yearLosing his dad and how it derailed him for two monthsThe VP hire that fell through one week after his wife fell pregnantWhy he admits "I had my own company and I didn't like my job"How one hire professionalised a business built entirely on talentBuilding a $3M agency with 10 people (and why he'll never scale past 25)Why he takes profit first and doesn't care about a big exitThe role this LinkedIn profile and brand played in attracting top-tier talentThis isn't about sacrifice for success.It's about a founder who built a multi-7-figure business, then redesigned it so he could pick his kids up from school.If you've ever wondered whether you can have both profit and peace, this episode is the proof you need!__________________________________________Episode Sponsor: AtlasAdmin is a massive waste of time. That's why there's Atlas, the AI-first recruitment platform built for modern agencies.It doesn't only track CVs and calls. It remembers everything. Every email, every interview, every conversation. Instantly searchable, always available. And now, it's entering a whole new era.With Atlas 2.0, you can ask anything and it delivers. With Magic Search, you speak and it listens. It finds the right candidates using real conversations, not simply look for keywords.Atlas 2.0 also makes business development easier than ever. With Opportunities, you can track, manage and grow client relationships, powered by generative AI and built right into your workflow.Need insights? Custom dashboards give you total visibility over your pipeline. And that's not theory. Atlas customers have reported up to 41% EBITDA growth and an 85% increase in monthly billings after adopting the platform.No admin. No silos. No lost info. Nothing but faster shortlists, better hires and more time to focus on what actually drives revenue.Atlas is your personal AI partner for modern recruiting.Don't miss the future of recruitment. Get started with Atlas today and unlock your exclusive RAG listener...

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related