Welcome to The Hero 🗞️. This is approximately a 3-minute read.

IN TODAY’S NEWSLETTER, WE ARE GOING OVER:

  • 🔍 Why a mis-hired executive is like hiring 10 wrong managers at once

  • 📩 The hidden, compounding costs no one budgets for

  • 💡 A 3-step diligence system to bulletproof your next leadership hire

TL;DR

A bad mid-level hire costs thousands.

A bad VP costs millions and can tank entire departments.

Leadership hiring needs M&A-level diligence, success mapping, and scorecards to avoid silent disasters.

We went viral on YouTube - 200k total views🔥

👉 Recruiting convo with Coding Jesus (yes, that’s his real name 🙂)

When Your “Dream Hire” Turns Into a Nightmare

You’ve spent the last 60 days recruiting - and courting - your dream VP hire.

The role’s been open for months.

Dozens of candidates cut.

Countless interviews and executive dinners wining and dining your next “impact hire.”

Still, no luck.

So you turn to a staffing firm.

And then - BOOM! You find someone. You hire them.

You’re thrilled 😎

And at first, things look great.

Until month four… when it all unravels.

Deadlines slip.

Direct reports start leaving.

Morale tanks.

And leadership’s watching - because you signed off 😰

This isn’t just a bad hire.

It’s a slow-motion financial and reputational bomb.

The full breakdown is just below - don’t miss it!

Here are some of the best links I’ve found since last time I emailed you: 

🗺️ Interview Strategy

How to Be a Good Interviewer (link)

Conducting Unbiased Interviews: Best Practices for Hiring Managers (link)

🔎 Find Candidates

Talent Sourcing Secrets For 2024 (link)

How to Build a Strong Talent Pipeline for Future Leadership (link

Examples

Six Core Onboarding Checklists You Need for Your HR Toolkit (link)

🕊️ Offers

4 Ways to Improve Your Offer Acceptance Rate (link)

📰 News

The Importance of DEI in Hiring (Data-Driven Strategies (link)

Background

💣 Executive Failures are Shockingly Common

Nearly 50% of new executives fail or leave within 18 months - and the impact runs deep..

When a senior leader flames out, it doesn’t just stall projects.

It shakes confidence, derails strategy, and sends top performers looking for exits.

Teams lose direction.

Morale dips.

Culture fractures.

By the time leadership realizes what’s happening - it often costs millions in opportunity or sunk capital.

💣 The Financial Damage is Enormous

Replacing a bad hire is expensive - but at the executive level, it’s devastating.

While Gallup estimates most hires cost 50–200% of annual salary to replace, not including lost revenue, stalled initiatives, and organizational disruption.

Other studies suggest a failed executive hire can quietly bleed a company for up to 10x their annual salary, once you factor in turnover, lost clients, and the ripple effects on team performance.

💣 The Hidden Costs

Every failed executive hire chips away at your reputation - with employees, investors, and future candidates.

The damage goes far beyond dollars.

It shakes confidence, slows momentum, and can threaten the very trajectory of your entire company.

The Fix: 3 Steps to Bulletproof Executive Hiring

1️⃣ Step 1: Treat Exec Hiring Like M&A

Do deep reference loops.

Verify impact, not just titles.

Talk to peers, direct reports, and former bosses.

2️⃣ Step 2: Use a 30-60-90-180 Leadership Ramp Plan

Before the offer, co-create a 180-day success map with clear deliverables. 

This aligns expectations + surfaces misfits early.

3️⃣ Step 3: Build an Executive Hiring Scorecard

Score candidates on leadership behaviors, cultural alignment, and impact history - not just resumes.

Use tools like The Predictive Index or your own customized rubric make decisions data-driven.

To Sum It Up

  • Deep-dive references

  • Build a 30-60-90-180 success plan

  • Score leadership impact, not just credentials

And To Wrap It Up:

A bad engineer breaks code.

A bad VP breaks companies 💔

Executive hiring isn’t just another req. 

It’s one of the most expensive bets you’ll ever place.

ONE QUESTION…

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