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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.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Scales
Meetings
Gonna
Single
Everybody
Company
Going
Invited
Every
Meeting
More quotes by 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.
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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.
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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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You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
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Possibly the most important thing you do is actually edit the team.
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Your goal over time is to use less red ink every day.
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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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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 job of an editor is to ensure a consistent voice.
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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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The agenda should be crafted by the employee who reports to the manager not the manager.
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I'd actually argue forging a company is far more harder than forging a product
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The most important job of an editor is simplify, simplify simplify, and that usually means omitting things.
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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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Basically this is what you want - a high performance machine that idiots can run.
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You should have a 1-on-1 roughly every 2 weeks.
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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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The next thing you do is allocate resources.
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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.
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