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If the Martians took over eBay it would take 6 months for the world to notice.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
World
Martians
Ebay
Notice
Took
Months
Take
Would
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The job of an editor is to ensure a consistent voice.
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You want to start with the objective of everything should feel exactly the same.
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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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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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Where there are low consequences and you have very low confidence in your own opinion, you should absolutely delegate.
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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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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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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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The agenda should be crafted by the employee who reports to the manager not the manager.
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Possibly the most important thing you do is actually edit the team.
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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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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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You should have a 1-on-1 roughly every 2 weeks.
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Your goal over time is to use less red ink every day.
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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.
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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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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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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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I'd actually argue forging a company is far more harder than forging a product
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Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
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