Things I wish I knew before I became a tech millionaire

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Pay peanuts, get monkeys – Matt Bullock

You may be a new company trying to get going on a shoestring budget, but don’t be tempted to scrimp on senior staff, says eWAY founder Matt Bullock, whose online payment gateway is used by more than 15,000 businesses.

“Trying to cut costs and getting cheap staff for senior roles only slows you down and sometimes sends you backwards,” Bullock says.

“It’s absolutely vital to hire for quality over quantity. Experience counts and paying for it is important.”