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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
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Effort
Company
Without
Need
Needs
Ultimately
Believe
Build
Lead
Example
More quotes by Keith Rabois
If the Martians took over eBay it would take 6 months for the world to notice.
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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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You want to start with the objective of everything should feel exactly the same.
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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.
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Your goal over time is to use less red ink every day.
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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.
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The most important job of an editor is simplify, simplify simplify, and that usually means omitting things.
Keith Rabois
Basically this is what you want - a high performance machine that idiots can run.
Keith Rabois
It's easy to shortcut when you get busy explaining the why's of the world, but it's very important to try.
Keith Rabois
You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
Keith Rabois
Force yourself to simplify every initiative, every product, every marketing, everything you do.
Keith Rabois
You should have a 1-on-1 roughly every 2 weeks.
Keith Rabois
The next thing you do is allocate resources.
Keith Rabois
Possibly the most important thing you do is actually edit the team.
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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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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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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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I'd actually argue forging a company is far more harder than forging a product
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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
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.
Keith Rabois