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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.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Good
Create
Spaces
People
Space
Cult
Littles
Talks
Ever
Sharing
Little
Shared
Hard
Peter
Every
Office
Believe
Bits
More quotes by Keith Rabois
Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
Keith Rabois
Basically this is what you want - a high performance machine that idiots can run.
Keith Rabois
Possibly the most important thing you do is actually edit the team.
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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.
Keith Rabois
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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You should have a 1-on-1 roughly every 2 weeks.
Keith Rabois
The real thing you do is you ask a lot of questions.
Keith Rabois
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
Your goal over time is to use less red ink every day.
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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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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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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.
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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
If the Martians took over eBay it would take 6 months for the world to notice.
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
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
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.
Keith Rabois