I think it is important to draw clear distinction between "hiring senior people" and "turning over control". If you hire a VP Sales and they do not work out yo

I think it is important to draw clear distinction between "hiring senior people" and "turning over control". If you hire a VP Sales and they do not work out you can rollback the change with pretty limited amount of pain and start over. If you decide to hire CEO or COO you could be irreversibly transforming your entire organization and a subsequent "pivot" may kill you. You might hit a jackpot with an Eric Schmidt or a Jim Barksdale or you could be stuck with a turkey that ruins your company (which is a lot more likely outcome). There is nothing wrong with hiring senior talent (for whatever role) as long as everyone is clear about the chain of command, responsibilities and expectations. Whether you want to make the top decisions or let someone else do that be sure you know what you are getting into.