Quote

Where there are low consequences and you have very low confidence in your own opinion, you should absolutely delegate.

Keith Rabois

Change background

T
T
T

Change font

TAGS & TOPICS

Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Lows
Consequence
Absolutely
Confidence
Opinion
Delegate
Delegates
Consequences

More quotes by Keith Rabois

Image
Your goal over time is to use less red ink every day.
Keith Rabois
Image
You want to start with the objective of everything should feel exactly the same.
Keith Rabois
Image
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.
Keith Rabois
Image
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
Image
If people start going to a desk, some one individual employees desk and they don't report to them... it's a sign that they believe that person can help them. So if you see that consistently, those are your barrels. Just promote them, give them more opportunity as fast as you can.
Keith Rabois
Image
Delegate completely. Let people make mistakes and learn.
Keith Rabois
Image
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
Image
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
Image
The more you simplify, the better people will perform. People can not understand and keep track of a long complicated set of initiatives. So you have to distill it down to one, two, or three things and use a framework they can repeat, they can repeat without thinking about, they can repeat to their friends, they can repeat at night.
Keith Rabois
Image
Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
Keith Rabois
Image
If the Martians took over eBay it would take 6 months for the world to notice.
Keith Rabois
Image
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
Image
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.
Keith Rabois
Image
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
Image
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
Image
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
Image
I'd actually argue forging a company is far more harder than forging a product
Keith Rabois
Image
You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
Keith Rabois
Image
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
Image
Usually when you hire more engineers, you actually don't get that much more done, you actually sometimes get less done.
Keith Rabois