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

Keith Rabois

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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

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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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What you actually want to do with every single employee, every single day is expand the scope of their responsibilities until it breaks.
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Force yourself to simplify every initiative, every product, every marketing, everything you do.
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The agenda should be crafted by the employee who reports to the manager not the manager.
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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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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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The most important job of an editor is simplify, simplify simplify, and that usually means omitting things.
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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.
Keith Rabois
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The next thing you do is allocate resources.
Keith Rabois
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Delegate completely. Let people make mistakes and learn.
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Basically this is what you want - a high performance machine that idiots can run.
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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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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 kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
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Your goal over time is to use less red ink every day.
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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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I'd actually argue forging a company is far more harder than forging a product
Keith Rabois
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You want to start with the objective of everything should feel exactly the same.
Keith Rabois
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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.
Keith Rabois
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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