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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.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Every
Expand
Scope
Breaks
Employee
Single
Responsibility
Break
Actually
Responsibilities
More quotes by Keith Rabois
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
I'd actually argue forging a company is far more harder than forging a product
Keith Rabois
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
Your goal over time is to use less red ink every day.
Keith Rabois
You want to start with the objective of everything should feel exactly the same.
Keith Rabois
The real thing you do is you ask a lot of questions.
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
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
The next thing you do is allocate resources.
Keith Rabois
Basically this is what you want - a high performance machine that idiots can run.
Keith Rabois
If the Martians took over eBay it would take 6 months for the world to notice.
Keith Rabois
Possibly the most important thing you do is actually edit the team.
Keith Rabois
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
Where there are low consequences and you have very low confidence in your own opinion, you should absolutely delegate.
Keith Rabois
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.
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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.
Keith Rabois
You should have a 1-on-1 roughly every 2 weeks.
Keith Rabois
The agenda should be crafted by the employee who reports to the manager not the manager.
Keith Rabois
The people that work with you should generally come up with their own initiatives.
Keith Rabois
Force yourself to simplify every initiative, every product, every marketing, everything you do.
Keith Rabois