Season 9 | Ep33 Greg Fischer: $4.2M Revenue, $1.4M Net - Then He Left With Nothing but a Handshake

Season 9 | Ep33 Greg Fischer: $4.2M Revenue, $1.4M Net - Then He Left With Nothing but a Handshake

June 9, 2026 · 1h 15m · Season 10 · Episode 33

About this episode

Greg Fischer shares his journey in recruitment, the challenges of building a profitable business, and the personal costs of chasing success.

Greg Fischer did not plan to spend ten years in recruitment. He joined a solo healthcare practice in LA as employee number one, figured it would pay the bills, and planned to open a gym someday. He never left. Instead he built one of the most profitable staffing businesses in the US. $4.2 million in NFI, $1.4 million net profit. 38 people and a seven-figure equity stake with a $50 million exit on the horizon. But he walked away with nothing! The push toward the exit had quietly changed how the business ran. “I think we started looking at people as much more like resources and just a means to an end than actually people.” Greg had spent a decade building his career on the opposite belief. But the drift was so gradual he hadn’t noticed it. “I couldn’t be the person I wanted to be and be in a good, healthy working dynamic. It was going to be one or the other.” On this episode of The RAG Podcast, Greg Fischer, founder of Well Oiled Machine, tells the full story. The gym that cost him $150,000. The 10 years building someone else’s company. The walk away. And how he built a lean, profitable rec-to-rec from a mountain town in Colorado with no cold outbound and twenty clients in year…

Explore listener stats, chart rankings, contacts and more on the The RAG Podcast - Recruitment Agency Growth Podcast podcast page.