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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.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Make
Fidelity
Would
Enable
People
Decisions
Tools
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Levels
Create
Decision
Ideally
More quotes by Keith Rabois
Delegate completely. Let people make mistakes and learn.
Keith Rabois
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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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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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.
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.
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.
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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.
Keith Rabois
Possibly the most important thing you do is actually edit the team.
Keith Rabois
I'd actually argue forging a company is far more harder than forging a product
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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.
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The agenda should be crafted by the employee who reports to the manager not the manager.
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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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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.
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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.
Keith Rabois
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
Your goal over time is to use less red ink every day.
Keith Rabois
The people that work with you should generally come up with their own initiatives.
Keith Rabois
You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
Keith Rabois
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