The riskiest hire in business – Hiring your first salesperson. What entrepreneurs must know to avoid millions of dollars of lost opportunity.

By Mike Adams · 10 December 2018 · HR

The Cost of a Bad Hire: $500,000 and Counting

Meet the entrepreneur who lost half a million dollars on a single sales hire. What went wrong and how can you avoid making the same mistake?

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Summary

“How did you go hiring your National Sales Director, Paul?” “Terrible! That guy cost me $500,000!” I’d met Paul (not his real name) about two years ago and was recalling our conversation about his plans for expanding the sales function at his start-up software company. I wasn’t in a position to advise Paul at the […]

Tags: Employees, hiring, salesperson, Staff, start up