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Boring Businesses cover image

Raising $800m to Buy Boring Businesses - John Caple

Boring Businesses

NOTE

Define Success and Verify Credibility

Establish a clear scorecard detailing expectations for an executive's role within the first five years, focusing on measurable outcomes. During interviews, inquire about past performance with specific questions regarding revenue growth and strategies. Employ the technique of a 'threat of reference check' by asking candidates to discuss what their previous boss would say about them, ensuring a psychological push that reveals their self-perception and candor about past experiences. This method effectively encourages transparency and honesty in candidates, enhancing the recruitment process.

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