$50M A Year Proves Elite Recruiters Don't Chase Clients. artwork
The Elite Recruiter Podcast

$50M A Year Proves Elite Recruiters Don't Chase Clients.

  • S1E366
  • 56:19
  • October 19th 2026

Registration is open for the Firm Leaders Summit, three days built for recruiting firm owners and leaders, November 16 to 18. Hiring and training recruiters, growth, BD, and becoming the rainmaker for your firm: https://firm-leaders-and-owners-recruiting-summit-2026.heysummit.com

This episode is brought to you by Atlas, the CRMx that captures every call, email, and message automatically and tells you the next action to take: https://recruitwithatlas.com/

Most agency owners chase clients every single month. Matthieu "Matt" Beaurain built a $50M a year search group by doing the opposite.

Matt has led Lincoln for 26 years, taking over the firm when it was four people and growing it to roughly 230 people across more than 10 countries and four brands, with about €50M in annual revenue, as he tells it. His model is simple and radical: every consultant is a talent agent. Lincoln follows people, not companies, and the business follows the talent.

In this conversation, Matt breaks news he held back from our pregame. In 2020, Lincoln sold 55% of the firm to join a larger European talent representation project. At the end of July, they bought it all back. Lincoln is 100% independently owned again, and Matt explains what that means for the next chapter.

He also introduces a metric most firm owners have never heard of: Talent Lifetime Value. Lincoln measures each consultant's portfolio of talent over five years, the way a SaaS company measures customer lifetime value. Build it well and you stop starting every month from zero.

Matt shares how he started in recruiting part-time at Robert Half while running a bar with his wife, why he moved his family to Shanghai after visiting a struggling office, and how he built trust in China for six years without speaking Mandarin. He walks through Lincoln's international expansion, from a small acquisition in Belgium right before the 2008 crash to Cooper Fitch in the Middle East, and why one rebrand after an acquisition probably destroyed value. He also explains why he brought in an outside CEO so he could keep doing the work he loves, how Lincoln holds fees at 25 to 28% on a fully retained model, and why the US may finally be on the map.

What You'll Learn:

  • How the talent agent model replaces traditional BD
  • What Talent Lifetime Value is and how to measure it
  • Why Lincoln keeps acquired brands instead of rebranding
  • How to defend retained fees when clients push for contingency
  • What it takes to hand your firm to an outside CEO
  • Why Matt believes AI won't replace the trust you build with talent

Connect with Matthieu Beaurain:

🔗 LinkedIn: https://www.linkedin.com/in/matthieu-beaurain-743609/

🌐 Lincoln: https://lincoln-group.com

🚀 Firm Leaders Summit: https://firm-leaders-and-owners-recruiting-summit-2026.heysummit.com

⚙️ Atlas: https://recruitwithatlas.com/

🎯 Join the Elite Recruiter Community: https://elite-recruiters.circle.so/checkout/elite-recruiter-community

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The Elite Recruiter Podcast

The Elite Recruiter Podcast is the number one podcast for recruiting professionals.

This is where the top recruiters share: How they got there. What kind of work did it take. Tips, Tools, and Tricks. The Mindset needed to get them to where they are. What they are doing with their success. Goals and visions for the future. So please join me on this journey as I interview some of the best in our industry.

Benjamin Mena

The Elite Recruiter Podcast Host

https://www.eliterecruiterpodcast.com/

Meet the Hosts

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Benjamin Mena
Host

Benjamin Mena is the founder of Select Source Solutions and the host of The Elite Recruiter Podcast — one of the top global podcasts for agency and executive recruiters. With over a decade of experience placing top talent in the government contracting (GovCon) and cleared space, Ben brings a no-BS approach to the business of recruiting.

Each week, he interviews high-performing recruiters, agency owners, and industry innovators to uncover the real stories behind their success. From six-figure solo producers to million-dollar billers and AI-powered solopreneurs, Ben’s mission is simple: help recruiters level up their careers and businesses through actionable insights, raw conversations, and a community of like-minded professionals.

Based between the U.S. and Bordeaux, France, Ben is also a dad, summit host, and advocate for the future of AI-powered recruiting.