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Basically this is what you want - a high performance machine that idiots can run.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Performance
Basically
Performances
Machines
High
Running
Idiots
Idiot
Machine
More quotes by Keith Rabois
The next thing you do is allocate resources.
Keith Rabois
Being a venture capitalist to me is like being more of a psychologist. So if you come to my office we have two chairs with a table in the middle. And we sit down and it's like, Tell me your problems.
Keith Rabois
Create tools that enable people to make decisions at the same level, ideally, of fidelity that that you would make them yourself.
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The job of an editor is to ensure a consistent voice.
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Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
Keith Rabois
The real thing you do is you ask a lot of questions.
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So that's your job too, to clarify and simplify for everybody on your team. The more you simplify the better people will perform.
Keith Rabois
You want to start with the objective of everything should feel exactly the same.
Keith Rabois
You generally know when someone asks you to do something- am I more writing, or am I more editing? The editor is the best metaphor for your job.
Keith Rabois
What you actually want to do with every single employee, every single day is expand the scope of their responsibilities until it breaks.
Keith Rabois
It's never a metric, it's where the person is going or not. Metrics are used to make things work better, but don't necessarily make a business better.
Keith Rabois
Most people will solve the problems they know how to solve. Roughly speaking they will solve B+ problems instead of A+ problems. A+ problems are high impact problems for your company but they're difficult problems.
Keith Rabois
Force yourself to simplify every initiative, every product, every marketing, everything you do.
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Transparency people talk a lot about, it's a goal everybody ascribes to but when push comes to shove, very few people actually adhere to it.
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Building a company is basically taking all the irrational people you know... Putting them in one building and then living with them 12 hrs a day at least.
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I'd actually argue forging a company is far more harder than forging a product
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Delegate completely. Let people make mistakes and learn.
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I don't believe ever in shared office spaces. Peter talks a little bit about this, every good startup is a cult. It's very hard to create a cult if you're sharing space with people.
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Usually when you hire more engineers, you actually don't get that much more done, you actually sometimes get less done.
Keith Rabois
When you start a company everything is going to feel like a mess. And it really should. If you have too much process, too much predictability, you are probably not innovating fast enough and creatively enough.
Keith Rabois