Direct Hire Builds a Job. Recurring Revenue Built a $28M Exit. artwork
The Elite Recruiter Podcast

Direct Hire Builds a Job. Recurring Revenue Built a $28M Exit.

  • S1E318
  • 33:46
  • April 23rd 2026

Diane Prince walked into staffing with zero recruiting experience and one specific intention: build a business she could scale and sell. Six years later, she sold her staffing agency for $28 million.

🚀 Diane is speaking again at the This Is Your Year Recruiter Summit 2026 — which is exactly why this episode is back in rotation. Don't miss her live session. Register free: https://this-is-your-year-recruiter-summit.heysummit.com/

Most recruiting agency owners will never have an exit like Diane's. Not because they aren't good at the work — because they built the wrong kind of business.

Only 27% of recruiting agencies have predictable monthly recurring revenue. 63% deal with cash flow interruptions every year. And the agency owners grinding pure direct hire — even the influencers, even the people doing seven figures — are quietly admitting behind closed doors that they don't have a sellable asset. Diane talks to recruiters in their 60s and 70s every week who've finally realized it. They built a job. They never built an equity story.

In this episode, Diane breaks down the recurring revenue model that flipped her business from a roller coaster of direct hire goose eggs into a stable, sellable, $28M company. She covers why temp staffing is something your clients legally cannot do for themselves (which is why it's so much stickier than retained or contingent), how to use an EOR to strip the operational headache out of running it, the anchor client strategy that kept her billing through 2008 even when her largest client Countrywide collapsed into the financial crisis, the easiest BD question to add to every existing client conversation to surface hidden contract revenue, and why the US temp staffing market is $218 billion — meaning you only need a tiny slice to change your business.

She also addresses the question every direct-hire recruiter secretly has: can you build recurring revenue without going full staffing? Yes. She walks through the RPO and per-role retainer models that get you partway there.

If your agency resets to zero every January, this episode is the answer. The model exists. Diane built it. She sold it. And she's coming back to teach more of it at the next summit.

This episode is brought to you by Atlas — the AI-first recruitment platform built to eliminate admin. Atlas captures every candidate conversation automatically and turns it into insight you can actually use. With MagicSearch, you can ask your entire database questions like "who mentioned they're open to relocating next year" and get answers instantly. Atlas customers have reported 40%+ EBITDA growth and 80%+ increases in monthly billings. Get your exclusive listener offer at https://recruitwithatlas.com

🚀 This Is Your Year — Recruiter Summit 2026 (Diane is speaking again — don't miss it) https://this-is-your-year-recruiter-summit.heysummit.com/

💼 Join the Elite Recruiter Community — summit replays, biweekly roundtables, Billers Club, split space — $49/month, cancel anytime https://elite-recruiters.circle.so/checkout/elite-recruiter-community

📬 Subscribe to the newsletter → https://eliterecruiterpodcast.beehiiv.com/subscribe

📺 YouTube →

🔗 Follow Diane Prince on LinkedIn → https://www.linkedin.com/in/dianeprincejohnston/

🌐 Benjamin Mena → http://www.selectsourcesolutions.com/ 🔗 Benjamin on LinkedIn → https://www.linkedin.com/in/benjaminmena/ 📸 Benjamin on Instagram → https://www.instagram.com/benlmena/

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

Benjamin Mena avatar
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.