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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
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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I'd actually argue forging a company is far more harder than forging a product
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If people start going to a desk, some one individual employees desk and they don't report to them... it's a sign that they believe that person can help them. So if you see that consistently, those are your barrels. Just promote them, give them more opportunity as fast as you can.
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Basically this is what you want - a high performance machine that idiots can run.
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Force yourself to simplify every initiative, every product, every marketing, everything you do.
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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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Possibly the most important thing you do is actually edit the team.
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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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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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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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Delegate completely. Let people make mistakes and learn.
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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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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.
Keith Rabois
