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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
Running
Idiots
Idiot
Machine
Performance
Basically
Performances
Machines
High
More quotes by Keith Rabois
Create tools that enable people to make decisions at the same level, ideally, of fidelity that that you would make them yourself.
Keith Rabois
Force yourself to simplify every initiative, every product, every marketing, everything you do.
Keith Rabois
It's easy to shortcut when you get busy explaining the why's of the world, but it's very important to try.
Keith Rabois
I'd actually argue forging a company is far more harder than forging a product
Keith Rabois
Don't accept the excuse of complexity. A lot of people will tell you, this is too challenging, this is too complicated, yeah well I know other people simplify but that's not for me, this is a complicated business. They're wrong. You can change the world in 140 characters.
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
Delegate completely. Let people make mistakes and learn.
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
At first when you start a company, everything's gonna feel like a mess and it really should. It should feel like everyday there's a new problem, and what you're doing is fundamentally triaging.
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
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.
Keith Rabois
You are not going to do most of the work. You shouldn't be doing most of the work... and the way you get out of doing most of the work, is you delegate.
Keith Rabois
Where there are low consequences and you have very low confidence in your own opinion, you should absolutely delegate.
Keith Rabois
Most people, most great people even are ammunition. But what you need in your company are barrels. You can only shoot through the number of unique barrels you have, so that's how the velocity of your company improves... is by adding barrels, and then you stock them with ammunition and then you can do a lot.
Keith Rabois
The next thing you do is allocate resources.
Keith Rabois
You should have a 1-on-1 roughly every 2 weeks.
Keith Rabois
The real thing you do is you ask a lot of questions.
Keith Rabois
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.
Keith Rabois
If the Martians took over eBay it would take 6 months for the world to notice.
Keith Rabois
As the company scales, everybody is not going to get invited to every single meeting, but they're gonna want to go to every meeting.
Keith Rabois