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Delegate completely. Let people make mistakes and learn.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Mistake
Learn
Make
People
Delegate
Delegates
Mistakes
Completely
More quotes by 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
If the Martians took over eBay it would take 6 months for the world to notice.
Keith Rabois
Force yourself to simplify every initiative, every product, every marketing, everything you do.
Keith Rabois
You want to start with the objective of everything should feel exactly the same.
Keith Rabois
I'd actually argue forging a company is far more harder than forging a product
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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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So that's your job too, to clarify and simplify for everybody on your team. The more you simplify the better people will perform.
Keith Rabois
Ultimately, I don't believe that you can build a company without a lot of effort, and that you need to lead by example.
Keith Rabois
The most important job of an editor is simplify, simplify simplify, and that usually means omitting things.
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
Create tools that enable people to make decisions at the same level, ideally, of fidelity that that you would make them yourself.
Keith Rabois
The people that work with you should generally come up with their own initiatives.
Keith Rabois
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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Your goal over time is to use less red ink every day.
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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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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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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.
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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.
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.
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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.
Keith Rabois