Quote

Create tools that enable people to make decisions at the same level, ideally, of fidelity that that you would make them yourself.

Keith Rabois

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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Tools
Level
Levels
Create
Decision
Ideally
Make
Fidelity
Would
Enable
People
Decisions

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You should have a 1-on-1 roughly every 2 weeks.
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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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You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
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Delegate completely. Let people make mistakes and learn.
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Your goal over time is to use less red ink every day.
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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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Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
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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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Usually when you hire more engineers, you actually don't get that much more done, you actually sometimes get less done.
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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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Force yourself to simplify every initiative, every product, every marketing, everything you do.
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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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If the Martians took over eBay it would take 6 months for the world to notice.
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You want to start with the objective of everything should feel exactly the same.
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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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Basically this is what you want - a high performance machine that idiots can run.
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Possibly the most important thing you do is actually edit the team.
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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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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.
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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