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Season 7 | Ep7 - David Spencer-Percival on securing £4 million in investment funding for Life Science People and what he plans to do with it!
On this week’s show, I’m excited to be joined for the third time by DSP (David Spencer-Percival!).
The founder of Life Science People, a global life science people provider based in the UK with offices in the US and soon to be opening in Europe. They are just under three years old with 100 staff.
The first time David was on the show, they were on their way to a hundred people - they were flying.
The second time, earlier this year, David talked about how they'd lost a lot of money in the downturn at the end of last year - £800,000 in three months.
The market just wasn't great.
Now, he's back on the show to share that they've just secured £4 million in investment funding by Silchester Partners.
This discreet, private hedge fund now owns 20% of his business and the £4 million is going to fuel their growth for the next 10 years to help them get to 1000 people.
In this 30 minute episode, we cover:
🎙️ The process of the funding,why they needed it, and how they got it over the line
🎙️ What he’s going to do with the money
🎙️ Derisking as a founder on the way up
🎙️ His epiphany - he sold Huntress Group and Spencer Ogden too soon and now he’s on a much longer term trajectory
Anyone who's looking to grow, scale, sell, exit, you've gotta listen to this. DSP is an industry legend!
__________________________________________
Hoxo Message
Are you spending hours on LinkedIn and cold outreach and want more business coming to you over your competition?
Well, if you're the founder or leader of a recruitment agency, here's what we can do for you at Hoxo.
We will give you the training, support and resources to take you from what I call an offline recruiter, reliant on posting jobs and sending in emails to open up new customers, ultimately looking like every other recruiter on LinkedIn - to an online recruiter, being seen by over 25,000 relevant people driving a 200% minimum increase in engagement on your profile and seeing daily lead lists from LinkedIn that you can follow up with in six weeks time.
And if you don't perform, you don't pay.
How can we make such a bold, results-driven promise like this? Two reasons
1) Whilst I've been building the RAG podcast, we've actually done what we say we’ll do for our clients in less than two years. We built a business generating from zero to over 1 million views per month on LinkedIn leading to multimillion pound revenues with a sales team of me plus two people without making a single outbound call.
2) Our track record - not only have we done it ourselves, but we've helped over 350 agencies and over 4,000 consultants do it as well, all in the last three years.
Now, if that sounds of interest to you, make sure you fill in our contact form and we’ll tell you how we can help: https://bit.ly/3jpuEWa
__________________________________________
Episode sponsor: RecruitHub
Over 70 founders have launched their businesses on RecruitHub in the UK, US, and UAE.
One of them was Stuart Mitchell, Founder of Hampton North in the US.
With experience in both the UK and US markets, million-dollar biller Stuart Mitchell formed Hampton North to tackle the biggest problem in cyber security; the talent shortage.
Before launching his own business, Stuart felt like he had run out of growth and he wanted to achieve a better work-life balance for himself and his team. For Stuart, this meant he could spend more time with his daughter.
He now is on a mission to create the best cybersecurity recruiting team in the industry, with the support of Recruit Hub, The world’s most powerful recruitment start-up solution.
His only regret once joining Recruit Hub? Not joining sooner.
Link to his full story: https://l8.nu/ryze
View all episodes
By Sean Anderson
5
66 ratings
On this week’s show, I’m excited to be joined for the third time by DSP (David Spencer-Percival!).
The founder of Life Science People, a global life science people provider based in the UK with offices in the US and soon to be opening in Europe. They are just under three years old with 100 staff.
The first time David was on the show, they were on their way to a hundred people - they were flying.
The second time, earlier this year, David talked about how they'd lost a lot of money in the downturn at the end of last year - £800,000 in three months.
The market just wasn't great.
Now, he's back on the show to share that they've just secured £4 million in investment funding by Silchester Partners.
This discreet, private hedge fund now owns 20% of his business and the £4 million is going to fuel their growth for the next 10 years to help them get to 1000 people.
In this 30 minute episode, we cover:
🎙️ The process of the funding,why they needed it, and how they got it over the line
🎙️ What he’s going to do with the money
🎙️ Derisking as a founder on the way up
🎙️ His epiphany - he sold Huntress Group and Spencer Ogden too soon and now he’s on a much longer term trajectory
Anyone who's looking to grow, scale, sell, exit, you've gotta listen to this. DSP is an industry legend!
__________________________________________
Hoxo Message
Are you spending hours on LinkedIn and cold outreach and want more business coming to you over your competition?
Well, if you're the founder or leader of a recruitment agency, here's what we can do for you at Hoxo.
We will give you the training, support and resources to take you from what I call an offline recruiter, reliant on posting jobs and sending in emails to open up new customers, ultimately looking like every other recruiter on LinkedIn - to an online recruiter, being seen by over 25,000 relevant people driving a 200% minimum increase in engagement on your profile and seeing daily lead lists from LinkedIn that you can follow up with in six weeks time.
And if you don't perform, you don't pay.
How can we make such a bold, results-driven promise like this? Two reasons
1) Whilst I've been building the RAG podcast, we've actually done what we say we’ll do for our clients in less than two years. We built a business generating from zero to over 1 million views per month on LinkedIn leading to multimillion pound revenues with a sales team of me plus two people without making a single outbound call.
2) Our track record - not only have we done it ourselves, but we've helped over 350 agencies and over 4,000 consultants do it as well, all in the last three years.
Now, if that sounds of interest to you, make sure you fill in our contact form and we’ll tell you how we can help: https://bit.ly/3jpuEWa
__________________________________________
Episode sponsor: RecruitHub
Over 70 founders have launched their businesses on RecruitHub in the UK, US, and UAE.
One of them was Stuart Mitchell, Founder of Hampton North in the US.
With experience in both the UK and US markets, million-dollar biller Stuart Mitchell formed Hampton North to tackle the biggest problem in cyber security; the talent shortage.
Before launching his own business, Stuart felt like he had run out of growth and he wanted to achieve a better work-life balance for himself and his team. For Stuart, this meant he could spend more time with his daughter.
He now is on a mission to create the best cybersecurity recruiting team in the industry, with the support of Recruit Hub, The world’s most powerful recruitment start-up solution.
His only regret once joining Recruit Hub? Not joining sooner.
Link to his full story: https://l8.nu/ryze
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