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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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Table
More quotes by Keith Rabois
Force yourself to simplify every initiative, every product, every marketing, everything you do.
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It's never a metric, it's where the person is going or not. Metrics are used to make things work better, but don't necessarily make a business better.
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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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Delegate completely. Let people make mistakes and learn.
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The people that work with you should generally come up with their own initiatives.
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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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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
You kinda want to look for the anomalies. You don't actually want to look for the expected behaviour.
Keith Rabois
Your goal over time is to use less red ink every day.
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I'd actually argue forging a company is far more harder than forging a product
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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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The most important job of an editor is simplify, simplify simplify, and that usually means omitting things.
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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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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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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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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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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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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
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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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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