Your next challenge is to be able to work out which of the many people who apply can get the job done.

Your primary mechanism for this, after shortlisting/initial interviews, is for each graduate to do a 1 day practical exercise to pull together a simple CRM app that allows creation and browsing of client details. They should have a week notice to prepare themselves for this before doing the test at your office.

You should pay them a straight salary, at the lowest end of the market. Forget anything complex and don't even talk about equity until they have proven themselves invaluable.