Marc Halpin is Founder and CEO of Kapow Events, an innovative online marketplace for corporate events operating in 23 cities across the country.

Before Kapow, Marc founded TradingPartners, an online reverse auction company which he grew from a fledgling startup into a global operation in just five years.

Marc shares 5 tips for business leaders looking to hire the best talent:

1. Have a solid process. Know exactly what you’re hiring for before you start interviewing.

2. Build your values first. Make sure people you’re interviewing mesh with your team’s values.

3. Internal referrals are fantastic. Need to find new talent? Start by asking your best employees for recommendations.

4. Take your time. In the long run you’re better off taking an extra month to find the perfect fit than rushing to fill a seat.

5. CEOs should do the final interview. Realistically this becomes a more challenging when your organization tops 100 people, but always strive to maintain some senior-level involvement in the hiring process.

For more about Kapow, click here.

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FIVEinSIXTY is our web series with thought leaders whose stories provide insights and inspiration for the next generation of go getters—our own little brainchild outside the wide variety of videos we produce for our clients.