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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
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Easy
Important
Trying
World
Shortcut
Shortcuts
Explaining
Busy
More quotes by Keith Rabois
The real thing you do is you ask a lot of questions.
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You should have a 1-on-1 roughly every 2 weeks.
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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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The agenda should be crafted by the employee who reports to the manager not the manager.
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Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
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Basically this is what you want - a high performance machine that idiots can run.
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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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If the Martians took over eBay it would take 6 months for the world to notice.
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Ultimately, I don't believe that you can build a company without a lot of effort, and that you need to lead by example.
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The next thing you do is allocate resources.
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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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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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Your goal over time is to use less red ink every day.
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Force yourself to simplify every initiative, every product, every marketing, everything you do.
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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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Delegate completely. Let people make mistakes and learn.
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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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I'd actually argue forging a company is far more harder than forging a product
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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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You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
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