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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
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Style
Needs
Dictated
Ceo
Executive
Employee
Executives
Management
More quotes by Keith Rabois
If the Martians took over eBay it would take 6 months for the world to notice.
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Your goal over time is to use less red ink every day.
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The next thing you do is allocate resources.
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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.
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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.
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You want to start with the objective of everything should feel exactly the same.
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Delegate completely. Let people make mistakes and learn.
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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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Force yourself to simplify every initiative, every product, every marketing, everything you do.
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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.
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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.
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I'd actually argue forging a company is far more harder than forging a product
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Possibly the most important thing you do is actually edit the team.
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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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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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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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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.
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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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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.
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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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