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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
Single
Everybody
Company
Going
Invited
Every
Meeting
Scales
Meetings
Gonna
More quotes by Keith Rabois
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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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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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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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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I don't believe ever in shared office spaces. Peter talks a little bit about this, every good startup is a cult. It's very hard to create a cult if you're sharing space with people.
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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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Where there are low consequences and you have very low confidence in your own opinion, you should absolutely delegate.
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The job of an editor is to ensure a consistent voice.
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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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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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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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You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
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Being a venture capitalist to me is like being more of a psychologist. So if you come to my office we have two chairs with a table in the middle. And we sit down and it's like, Tell me your problems.
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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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I'd actually argue forging a company is far more harder than forging a product
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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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The next thing you do is allocate resources.
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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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If the Martians took over eBay it would take 6 months for the world to notice.
Keith Rabois