There is a very specific feeling that hits around the €2M to €3M revenue mark. The business is working. You have customers, a team, real momentum. And then you look around and realise the machine is starting to strain under its own weight. You are doing the job of four people and not doing any of them well. The answer, it seems obvious, is to hire someone senior. Someone who has done this before. Someone to take a chunk of this off your plate.
That feeling is right. The instinct is sound. What happens next is where most founders go wrong.
This article is not a lecture. It is a collection of honest observations from founders who have been through it, people who made the hire, watched it unravel, and came out the other side with a clearer view of what they should have done instead.
The Brief Was Wrong Before It Was Written
The most common mistake is invisible because it happens before the process even begins. Founders write job specs based on their own gaps rather than the business's actual needs at this specific stage. You are strong on sales, weak on operations, so you write a COO brief that is really a wish list for all the things you are bad at. Or you have been burned by a chaotic team, so every requirement bends toward someone who will bring order, when what you actually need is someone who can build revenue.
The brief reflects your anxiety more than your strategy. And a hire built around your anxiety will not solve the right problem.
Before you write a single word of a job description, sit with the question that most founders skip entirely: what does this business need in the next 18 months that it cannot get without this person? Not what do I need. What does the business need. The answer to those two questions is often not the same.
The Timeline Trap
Here is how the timeline usually goes. You know you need someone for six months. You do nothing because it feels too early, or too expensive, or you are not sure exactly what the role looks like. Then something breaks. A customer churns, a team member quits, a board member asks an uncomfortable question about revenue. Now you are hiring in crisis mode.
According to CareerBuilder data cited by the Staffing Industry Analysts, 74% of employers admit to having made a wrong hiring decision. A significant portion of those decisions were made under time pressure. When you are hiring out of panic, you compress the process, overlook warning signs, and convince yourself that the candidate's energy in the room means they are right for the role.
The cost of that decision is not just financial, though the financial cost is staggering. Research from Apollo Technical puts the cost of replacing a senior executive at over 200% of their annual salary, when you factor in recruitment fees, onboarding time, lost productivity, and the disruption to the team around them. For an exec on a €150,000 salary, that is a €300,000 mistake. Many Irish founders have absorbed exactly that cost and not fully understood why.
The antidote is not hiring earlier for the sake of it. It is building enough visibility into your business to see the need coming before it becomes urgent.
The Culture Assumption That Costs You
Most founders who have made a bad exec hire will tell you, in hindsight, that they saw the signs. The candidate was impressive on paper. The interview went well. References were fine. But something in how they talked about their last role, or how they described leadership, or how they reacted to a hard question, something was off, and it was ignored.
What often gets glossed over is the difference between culture fit at the exec level and culture fit lower in the organisation. A new team member adapts to the culture. A new executive shapes it. When you bring someone in at the top of the house who has a fundamentally different operating style, or different values around how people are treated, or a different theory about what good looks like, it does not stay contained to them. It spreads.
Apollo Technical's data found that a bad hire at senior level leads to a 30% reduction in team morale and often triggers further attrition. That is not just the exec leaving. That is the people underneath them leaving too. The hire that felt like a fix becomes the starting gun for a retention crisis.
The exec hire that nearly broke your business was not a bad person. It was the wrong brief, at the wrong time, made in a panic.
What the Founders Who Got It Right Did Differently
The founders who get through this well share a few things in common. They were honest, sometimes brutally honest, about the actual stage their business was at, not the stage they wanted it to be at. They got input from people outside the business before making the decision. And they treated the hire as a process, not an event.
A striking finding from the Skillnet Ireland Talent Landscape Report 2025 is that only 26% of Irish SMEs have a formal talent strategy, compared to 83% of larger enterprises. That gap is not because small businesses do not care about talent. It is because talent strategy feels like a luxury when you are moving fast and plugging gaps. The founders who close that gap, even informally, even imperfectly, make better hiring decisions.
Some of the most effective approaches involve testing the fit before committing to it. Bringing someone in on a fractional or advisory basis, running a defined project together, seeing how they think under pressure before you hand them a full-time role and a salary.
Others lean on structured external support. Enterprise Ireland's MentorsWork programme exists precisely for this kind of decision point. Talking through a critical hire with an experienced executive who has no skin in the outcome is a different quality of input than anything you will get internally.
The Question Worth Asking Before You Post the Role
If you are at the stage where this article resonates, do one thing before you open a search. Write down the three biggest challenges your business faces in the next 18 months. Then ask whether the exec you are about to hire is genuinely the solution to those challenges, or whether they are the solution to the problem you are most visible to right now.
It is an uncomfortable question. It is also the right one.
The founders who get this hire right are not necessarily smarter or better resourced than the ones who get it wrong. They just took the time to think it through with the right people before they committed.