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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.
Keith Rabois
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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
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Tables
Office
Problems
Middle
Psychologist
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Venture
Two
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Table
More quotes by Keith Rabois
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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Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
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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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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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Force yourself to simplify every initiative, every product, every marketing, everything you do.
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You should have a 1-on-1 roughly every 2 weeks.
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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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The agenda should be crafted by the employee who reports to the manager not the manager.
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Most people, most great people even are ammunition. But what you need in your company are barrels. You can only shoot through the number of unique barrels you have, so that's how the velocity of your company improves... is by adding barrels, and then you stock them with ammunition and then you can do a lot.
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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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The job of an editor is to ensure a consistent voice.
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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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If the Martians took over eBay it would take 6 months for the world to notice.
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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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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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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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You want to start with the objective of everything should feel exactly the same.
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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 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.
Keith Rabois
