My startup is pulling $20,000 a month and in the position to add a new technical full-time employee in order to gain technical competitiveness. However, I'm troubled by my current situation.
Few months ago, I asked my recently graduated friend to help me out while he's looking a full-time job. He's major is manufacture engineering while my startup is tech related. I'm paying him $1800 a month so he can help me out. Meanwhile, he can make some money while looking for a job in his field. He's more techsavvy than an average person but he came to the position with no knowledge related to our field (tcp/ip networking). Basically, he has been learning on the fly for the past few months.
My friend's help has been great because he is able to take over a lot of ticket answering and low-level technical works. However, what I needed the most is someone who knows way more than I do and can provide some technical expertise to elevate my business ahead of the competitions. I have been consumed most of my time in technical works and have no time to do strategic planning.
My plan is to hire a full-time tech person at around $5000/month. The trouble is this rate is way higher than my friend's rate so I don't feel right. On the other hand, I can't justify paying my friend $5000 because he does not have the technical specialty that I need because he's in a different field.
What should I do?