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The people that work with you should generally come up with their own initiatives.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
People
Initiatives
Initiative
Generally
Come
Work
More quotes by Keith Rabois
The agenda should be crafted by the employee who reports to the manager not the manager.
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Where there are low consequences and you have very low confidence in your own opinion, you should absolutely delegate.
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The job of an editor is to ensure a consistent voice.
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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 real thing you do is you ask a lot of questions.
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I'd actually argue forging a company is far more harder than forging a product
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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.
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Your goal over time is to use less red ink every day.
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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.
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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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It's easy to shortcut when you get busy explaining the why's of the world, but it's very important to try.
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Delegate completely. Let people make mistakes and learn.
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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.
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The next thing you do is allocate resources.
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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.
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Basically this is what you want - a high performance machine that idiots can run.
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Possibly the most important thing you do is actually edit the team.
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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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You should have a 1-on-1 roughly every 2 weeks.
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It's actually a good thing if you do reference checks on somebody and half the people you call say they are a micromanager and the other half say they actually give me a lot of responsibility. That's a feature not a bug.
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