Lecture 14 - How to Operate (Keith Rabois)

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  • čas přidán 5. 11. 2014
  • Lecture Transcript: tech.genius.com/Keith-rabois-l...
    What should the CEO be doing on a day to day basis? How do you make sure the company is moving in the right direction?
    Keith Rabois, Partner at Khosla Ventures and former COO of Square, tackles the nitty gritty - How to Operate. Lots of actionable takeaways from this lecture!
    See the slides and readings at startupclass.samaltman.com/courses/lec14/
    Discuss this lecture: startupclass.co/courses/how-t...
    This video is under Creative Commons license: creativecommons.org/licenses/b...

Komentáře • 68

  • @hoodasaurabh
    @hoodasaurabh Před 9 lety +179

    There are 2 surprising things in these lectures:
    1. Sam always has some question to ask. Shows his dedication to the course as well as his focus in that very class. Commendable!!
    2. All the presenters have watched previous lectures of the course. I've noticed presenter referencing previous lectures in nearly every single lecture. All these guys are BIGshots and they are dedicated enough to watch previous lectures to see what was covered and who told what. Commendable!!

    • @OmerAbashar
      @OmerAbashar Před 9 lety +18

      And the most important thing they doing this with love, for free to help you and me and anyone else, so they all deserve our respect and appreciation.

    • @ctwolf
      @ctwolf Před 9 lety +7

      Omer Abashar Thank you for bringing this to peoples attention. A lot of people hate on the big shots... When they are the most giving and hard working people, especially compared to a lot of extremists who just blindly hate :/

    • @saurabharora7119
      @saurabharora7119 Před 8 lety +3

      +christiaan kruger very true guys...these guys have been of great great help

    • @filobrosgolf
      @filobrosgolf Před 5 lety

      100%. what a great series! amazing for even older founders like myself.

    • @kingarth0r
      @kingarth0r Před 11 měsíci +1

      ​@@ctwolfyes they work hard but billionaires don't work 100000 times harder than the average employee

  • @mb121
    @mb121 Před 9 lety +95

    This video has the highest density of content of all of these lectures so far. Like every 1 minute interval this guy is expressing some lesson that you can tell is backed up by years of emotional anchors. Very, very good.

    • @sbIvanov
      @sbIvanov Před 4 lety +3

      I made 7 pages of notes... when the average is 2 or 3

    • @divyanshsingh1347
      @divyanshsingh1347 Před 19 dny

      @@sbIvanov can you share your notes . It will be a god send material for my kind of dumbasses .

  • @brentskipper22
    @brentskipper22 Před 6 lety +32

    Despite the "boring" lecture title... this is pure gold. Sad that only 87k have watched this.

  • @ElfProduct
    @ElfProduct Před měsícem +6

    Who is here after 20VC podcast where Eric gave this vid a shoutout?

  • @gastontrussi
    @gastontrussi Před 9 lety +5

    Amazing insight and the content is your precious. First time in a while that I truly watch a video full screen, earphones and total attention into it. Worth the time. Thanks!

  • @vecter
    @vecter Před 9 lety +3

    This is an incredibly insightful and useful lecture. Most lectures talk about early stage challenges (which, to be fair, are the most common problems that startups have), but once you get beyond 5 people, the content in this lecture will probably more directly affect your company's success than any other lecture.

  • @StanGanweizhong
    @StanGanweizhong Před 9 lety +3

    Watch this many times but I still keep it in my watch later list...Great!!!

  • @Saturday_ProFuel
    @Saturday_ProFuel Před 2 lety

    Still excellent today. Thanks to all, and especially to Keith for the incredible stream of insight.

  • @ereinholtz
    @ereinholtz Před 9 lety +10

    This is enormously relevant with what I'm struggling with right now. Thanks so much for the advice, Keith.

    • @Psych2go
      @Psych2go Před 8 lety +3

      +Elana Reinholtz May I ask what you're working on even though this is a year ago?

  • @graphicsRat
    @graphicsRat Před 4 lety

    This is one of the best talks in the series.

  • @artfromdheart
    @artfromdheart Před 9 lety +1

    Absolutely incredible, thanks Keith!

  • @tarunommadan
    @tarunommadan Před 2 lety

    Thanks Keith, Sam, Stanford and Y Combinator for this video.

  • @MarkMichuda
    @MarkMichuda Před 9 lety +9

    Yeah, this guy is so much better then the other speakers!

  • @MaiFast
    @MaiFast Před 3 lety

    Wow great lecture, love it, thanks Stanford for this amazing series

  • @kamilmosciszko3779
    @kamilmosciszko3779 Před 6 měsíci

    Those lectures are valuable. I love it. A lot of informations

  • @stephaniepolanco5905
    @stephaniepolanco5905 Před 8 lety +3

    Awesome lecture!

  • @prayaanshmehta3200
    @prayaanshmehta3200 Před 2 měsíci +1

    (forging a company after forging a product)
    -even idiots should be able to run it
    a manager’s output 1:50
    2:30 triaging
    3:20 editing
    clarify, simplify 4:00
    excuse of complexity 4:30
    6:20 allocate resources
    goal: minimise red ink 7:20
    7:45 (4) consistent voice
    ~language-product fit-internal
    9:05 (5) delegation
    task relevant maturity 10:00
    conviction vs consequence 11:15
    (inner squares eg)
    (Qs)
    32:39 how to make compensation transparent?
    33:00 what other details employees care about?
    startup? 34:15
    35:15 how to get street cred for a manager?
    39:19
    43:35

  • @localancers
    @localancers Před 9 lety +1

    Love the barrel concept !

  • @sarthakbiswas2201
    @sarthakbiswas2201 Před 2 měsíci +1

    Outstanding lecture

  • @IanTranSend
    @IanTranSend Před 9 lety +1

    That delegation framework, very much appreciated.

    • @slashdotdash08
      @slashdotdash08 Před 6 lety

      Loved that, too. I'd maybe add a third dimension, complex vs. complicated. If complicated, get more info (whoever does the task based on the other matrix), if complex, make little small experiments.

  • @AnyFactor
    @AnyFactor Před 4 lety

    17:47 That insight blew my mind!

  • @2FunEdits007
    @2FunEdits007 Před 3 lety

    He is a very good observer🙏

  • @1XclusiveFBA
    @1XclusiveFBA Před 2 měsíci

    This is brilliant and a good use of time

  • @mayukhgazmer7414
    @mayukhgazmer7414 Před měsícem

    This is pure gold.

  • @davwunderbrrd6944
    @davwunderbrrd6944 Před rokem

    this is so fascinating, thank you :)

  • @billguschwan4112
    @billguschwan4112 Před 10 měsíci

    9:52 for shifting leader styles you can use Kolbe conative test to identify their style of doing things so you can adjust as needed.

  • @ddxv
    @ddxv Před 9 lety +2

    nonstop information! =D

  • @CasperVideos
    @CasperVideos Před 4 lety +1

    this is amazing

  • @sheikhmuhammedtadeeb5677

    Pure Gold

  • @Psych2go
    @Psych2go Před 8 lety +11

    Can someone tell me why it's important to have a consistent voice across your content? What if you're like buzzfeed, businessinsiders?

    • @jacobgoodman4437
      @jacobgoodman4437 Před 6 lety +8

      Psych2Go because it's how you develop brand identity. If every piece of content had a different voice, you would struggle to get your customers, and teammates to identify with what makes you uniquely you. That brand clarity can ultimately be leveraged to capture value.

    • @contentwithkarthik
      @contentwithkarthik Před 3 lety +7

      Omg she was here

    • @raymeester7883
      @raymeester7883 Před 7 měsíci +2

      @@contentwithkarthik
      That's crazy.

    • @ElfProduct
      @ElfProduct Před měsícem +1

      So random that Psych2go was here lmao

  • @pkrasam21
    @pkrasam21 Před 9 lety +4

    Thank You Keith, very much useful to us entrepreneurs. What was the book you mentioned in the session?!

    • @hcusto
      @hcusto Před 9 lety

      The book is
      The Score Takes Care of Itself: My Philosophy of Leadership - www.amazon.com/The-Score-Takes-Care-Itself-ebook/dp/product-description/B002G54Y04

    • @cpennisi5
      @cpennisi5 Před 8 lety +1

      +Haris Custo do you know what the first book is? The one by "eddy grove"?

    • @dmitrysokolov6097
      @dmitrysokolov6097 Před 8 lety +1

      +cpennisi5 www.amazon.com/High-Output-Management-Andrew-Grove/dp/0679762884

  • @MarkMichuda
    @MarkMichuda Před 9 lety

    Keith Rabois How do you feel about remote companies like ***** in terms of culture & operations?

  • @CuchBe
    @CuchBe Před 6 měsíci

    Nice.

  • @saivineethks63
    @saivineethks63 Před 3 lety +1

    I have hit gold online!

  • @salehuet
    @salehuet Před 5 lety

    good

  • @chatchapolpoolvoralaks2681

    how does "x / y" equation work? and what does 'output' mean? Thanks.

    • @AswinKumar9
      @AswinKumar9 Před 5 lety +2

      The equation as such not sure if it makes sense.
      At 41:35 he's talking about how the natural tendency as a manager, is to increase the number of people under you, so that you look more important. In the equation, he asking to correct this tendency by measuring the performance of the manager by dividing output by number of people under the manager. So managers would want to keep only minimum people with maximum output under them. They would increase count only very carefully.
      So I guess the equation should actually be:
      X = Output/Y
      where
      X: performance of manager
      Output: Metric used to measure number of things done right
      Y: number of people in the team

    • @NicolasLevi
      @NicolasLevi Před 5 lety +1

      @@AswinKumar9 If a manager has 8 ppl in his team, and another 6, you have to compare not their total performance (output), but their average performance per employee (you can replace employee by other ressources as adequate). To get the average you divide the performance by the number of "ressources"(here team member) by 6 or 8 respectively.
      The goal is to not have the people with the larger team always win, and acknowledge small business unites / teams with great performance

  • @user-wl4uk4km9i
    @user-wl4uk4km9i Před 3 měsíci

    Output focused Designer (CEO)

  • @GEMSofGOD_com
    @GEMSofGOD_com Před 3 lety

    Convert cars to electric already! My website has that

  • @mikecarr1552
    @mikecarr1552 Před 2 lety

    Wish I'd heard this guy ten years ago

  • @aadilshaikh4338
    @aadilshaikh4338 Před 2 měsíci

    I checked thrice whether I am watching this video at 2x or normal speed. 😂

  • @amanswain9246
    @amanswain9246 Před 2 měsíci

    16:14

  • @demiyilmaz5809
    @demiyilmaz5809 Před 9 měsíci

    czcams.com/video/6fQHLK1aIBs/video.htmlsi=rx394b24LSg7pQHO&t=2731
    Can someone expand on this part and give examples.
    I don't quite understand how we can get the cultural details right so the team can copy the thinking?

  • @MrMattgood14
    @MrMattgood14 Před 8 měsíci

    Chaptersssssss

  • @billhill8989
    @billhill8989 Před 9 lety

    Plebly non-operators.
    to operate you need
    -6094 plate carrier
    -Crye multicam BDUs
    -ar15 w/ magpul everything
    -ability to tzone
    -big scary optic
    -to be american
    -at least 5'10
    -not a puss

  • @thereGoMapo
    @thereGoMapo Před rokem +1

    You can build culture without an office

    • @learnsocial272
      @learnsocial272 Před rokem +2

      Yeah it's possible
      Culture is not just meet and hi/ hello
      It's beyond of this stuff that's why you don't require office 😊

  • @shubhamsahamate6188
    @shubhamsahamate6188 Před 3 dny

    who's watching this in 2069
    ayyyy

  • @keepmefromdecay
    @keepmefromdecay Před 8 lety +2

    He talks so fast as if he is on coke =)