The tips I offered to stage three businesses still apply when hiring in stage four. But, there are some additional important factors that come into play in stage four.

In a stage four business, you're generally doing between $1 and $3 million in annual sales, with 11–25 employees. You can't have everyone reporting to you and you have to hire outside your network of friends and family. But your investment dollars in new hires would be more productive under your mattress if you don't get the hiring right. Here are three time-tested principles to help you get it right:
1. Relinquish control of some things.
2. Articulate your purpose, values, and mission.
3. Hire a three-person leadership team that fits your purpose, values, and mission.