Episode
Season 9 | Ep33 Greg Fischer: $4.2M Revenue, $1.4M Net - Then He Left With Nothing but a Handshake
- Published
- Jun 9, 2026
- Duration seconds
- 4503
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- https://hoxomedia.com
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Summary
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 one. Greg Fischer is not chasing the big exit this time. He is building something small, profitable, and built entirely around the person he decided he wanted to be. If you have ever wondered what it actually costs to chase a number, and whether the person collecting it is still someone you recognise, this episode has the blueprint. ---------- Episode Sponsor: Atlas Admin 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. In…