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	<title>Comments on: Pay on results but judge on process</title>
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	<link>http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/</link>
	<description>Nic Brisbourne's view from London on venture capital and exploiting change in technology and media</description>
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		<title>By: Customer Development. Trendy Phrase. Gimmick? ~ Innovation Investment Journal</title>
		<link>http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/#comment-13532</link>
		<dc:creator>Customer Development. Trendy Phrase. Gimmick? ~ Innovation Investment Journal</dc:creator>
		<pubDate>Wed, 02 Feb 2011 00:59:14 +0000</pubDate>
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		<description>[...] read a fair number of business books and I blog about a few of the best of them (e.g. Taleb’s Fooled by Randomness, Cohen’s The Second Bounce, Perez’s Technological Revolutions) but as far as the readers of [...]</description>
		<content:encoded><![CDATA[<p>[...] read a fair number of business books and I blog about a few of the best of them (e.g. Taleb’s Fooled by Randomness, Cohen’s The Second Bounce, Perez’s Technological Revolutions) but as far as the readers of [...]</p>
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		<title>By: Finance Geek » Steve Blank’s “The Four Steps to the Epiphany” – a great manual for startups</title>
		<link>http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/#comment-8983</link>
		<dc:creator>Finance Geek » Steve Blank’s “The Four Steps to the Epiphany” – a great manual for startups</dc:creator>
		<pubDate>Fri, 09 Jul 2010 12:19:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/#comment-8983</guid>
		<description>[...] I read a fair number of business books and I blog about a few of the best of them (e.g. Taleb’s Fooled by Randomness, Cohen’s The Second Bounce, Perez’s Technological Revolutions) but as far as the readers of [...]</description>
		<content:encoded><![CDATA[<p>[...] I read a fair number of business books and I blog about a few of the best of them (e.g. Taleb’s Fooled by Randomness, Cohen’s The Second Bounce, Perez’s Technological Revolutions) but as far as the readers of [...]</p>
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		<title>By: Steve Blank&#8217;s &#8220;The Four Steps to the Epiphany&#8221; &#8211; a great manual for startups &#124; The Equity Kicker</title>
		<link>http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/#comment-8982</link>
		<dc:creator>Steve Blank&#8217;s &#8220;The Four Steps to the Epiphany&#8221; &#8211; a great manual for startups &#124; The Equity Kicker</dc:creator>
		<pubDate>Fri, 09 Jul 2010 12:15:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/#comment-8982</guid>
		<description>[...] I read a fair number of business books and I blog about a few of the best of them (e.g. Taleb’s Fooled by Randomness, Cohen’s The Second Bounce, Perez’s Technological Revolutions) but as far as the readers of [...]</description>
		<content:encoded><![CDATA[<p>[...] I read a fair number of business books and I blog about a few of the best of them (e.g. Taleb’s Fooled by Randomness, Cohen’s The Second Bounce, Perez’s Technological Revolutions) but as far as the readers of [...]</p>
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		<title>By: Finance Geek » Some thoughts on recruitment – instinct over CV</title>
		<link>http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/#comment-6172</link>
		<dc:creator>Finance Geek » Some thoughts on recruitment – instinct over CV</dc:creator>
		<pubDate>Mon, 07 Dec 2009 10:52:47 +0000</pubDate>
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		<description>[...] Looking beyond what a candidate has achieved and where they have worked to hear why they think they were successful and what they actually did.&#160; The purpose here is to try and figure out whether success came due to a right-time, right-place piece of luck or whether it was the result of the way the candidate works and is therefore more likely to be repeated.&#160; This is a very subjective judgement as most successful people have benefited from good luck at some point.&#160; Note also that this approach can lead to hiring someone who has previously been unsuccessful because they were unlucky.&#160; Assessing candidates like this is the logical extension of paying existing employees on results, but judging them on process. [...]</description>
		<content:encoded><![CDATA[<p>[...] Looking beyond what a candidate has achieved and where they have worked to hear why they think they were successful and what they actually did.&#160; The purpose here is to try and figure out whether success came due to a right-time, right-place piece of luck or whether it was the result of the way the candidate works and is therefore more likely to be repeated.&#160; This is a very subjective judgement as most successful people have benefited from good luck at some point.&#160; Note also that this approach can lead to hiring someone who has previously been unsuccessful because they were unlucky.&#160; Assessing candidates like this is the logical extension of paying existing employees on results, but judging them on process. [...]</p>
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		<title>By: Are serial entrepreneurs any better than first time entrepreneurs? &#171; The Equity Kicker</title>
		<link>http://www.theequitykicker.com/2007/10/16/pay-on-results-but-judge-on-process/#comment-2020</link>
		<dc:creator>Are serial entrepreneurs any better than first time entrepreneurs? &#171; The Equity Kicker</dc:creator>
		<pubDate>Wed, 14 May 2008 09:33:10 +0000</pubDate>
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		<description>[...] - this is also a reminder on the importance of judging people on process rather than results. It is better to back the second time entrepreneur who did everything right in [...]</description>
		<content:encoded><![CDATA[<p>[...] &#8211; this is also a reminder on the importance of judging people on process rather than results. It is better to back the second time entrepreneur who did everything right in [...]</p>
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