Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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hire more experienced people and pay them a lot more money and I get way better results
hiringexperiencetalent

What It Means

Paying 2-3x more for experienced talent delivers 5-10x better results than hiring ambitious juniors

Why It Matters

Most entrepreneurs try to save money on talent and end up costing themselves much more in opportunity cost

When It's True

When you need results quickly, when the work has been done before, when you can afford the premium

When It's Risky

When budget is extremely tight, when building learning culture, when work is truly novel

How to Apply

1

Budget 2-3x salary expectations for critical roles

2

Look for exact experience match

3

Focus on proven results over potential

Example Scenario

Startup hires proven head of sales for $300K instead of ambitious junior for $120K, gets revenue growth 6 months faster