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Broker Bulletin

The real cost of a bad hire and how to avoid it

06 Apr 2025

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Hiring the wrong person can cost you more than just time and money; it can knock the wind out of your culture and momentum. So how do you make sure you get it right? In this episode of Broker Bulletin, Preet Samra, Managing Director of Grow and Co Finance, opens up about the lessons she’s learnt from getting recruitment wrong and what she’s done to fix it. Chatting with Loan Market’s Head of Business Performance, Michael Karpathakis, Preet shares how she built a hiring process that works, why culture fit matters just as much as capability, and how she keeps her team involved every step of the way. Preet’s lessons learned in recruitment: Don’t wait to hire until you need the extra hands A first hire should immediately add value Actively manage your underperformers  Like this episode?  Leave a review! Don’t miss an episode: Subscribe to the Broker Bulletin podcast channel on your favourite streaming service.  We’d love to hear from you!Got questions, ideas, or suggestions for our podcast? Maybe you’ve got a guest in mind who’d be perfect. Whatever it is, drop us a line at [email protected]. You can also connect with us on Instagram @lmg.broker and on LinkedIn.  Let’s keep the conversation going.  lmg.broker/broker-bulletinSee omnystudio.com/listener for privacy information.

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