If you need to hire a senior tech person or any real expert, here's the truth that I've learned

over 20 years. You get what you pay for. There's no way around this. And when it comes to software

development, a bad hire isn't just expensive. They can destroy your product. They can create

technical debt. You'll have to pay off for years to come. They can waste months, maybe even years of your life.

That's why today I'm answering today's Q&A Wednesday question from Gustav,

how to make a high-level tech hire. I'm going to show you step by step how we exactly did it

with our software company Webinar Ninja and how we made each hire along the way, starting

from nothing until we sold the company after 10 years.

Welcome back to the $100 MBA show.

I'm your host, Omar Zin Home, where I deliver practical business lessons three times a week, Monday, Wednesday, and

Friday to help you start, grow, and scale your business.

If this show has helped in any way, it would be amazing if you could drop us a quick review

on whatever app you're using to listen to this podcast right now. It helps me and my team

bring new episodes

every week, and more importantly, more entrepreneurs will be able to discover our podcast so you can

help someone else start their journey. Thanks so much. When it comes to the software game,

you are only as strong as your team, so let's make sure you do it right. First, we have to establish

that hiring technical talent is not like hiring for customer support or admin. If you're hiring

the wrong person in a technical position, they can break your app, they can slow down your product,

they can make the wrong architectural choices that can cost you thousands, if not hundreds of thousands

of dollars down the line. They can cost you months of delays. They can make your life a living hell.

How do I know? Well, I made a hire that cost our company nearly half a million dollars.

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