Solo founder starting to hire for the first time. What should I know?

I'm a solo founder who wants to hire the first three employees. I decided to wait until my revenues would support hiring three people because just hiring one person would have felt a little awkward (i.e. it was hard to attract someone to hire when they would be the sole employee).

What are some tips and strategies that'll help me hire the right people? Two will be developers, one will be a designer.

Some not so common things you will end up learning:

1. Most candidates won't be great. It's hard finding local talent. You should consider hiring people to work remotely from other states. Expect to interview more than 10 candidates to find someone that fits your criteria, budget, and culture.
2. Learn to say no. It's hard when you are just starting to hire your first ever employees. Don't settle for bad or mediocre people. Keep in mind that managing people is a full time job. So you should be looking at self-motivation and attention to detail are the basic requirements.
3. A good developer who is excited about your business vision is worth far more than a dozen "rockstar" developers who only care about their paycheck.