Lessons from Keith Rabois Essay 3: How to be an Effective Executive
...Running yourself...Running your team...
...Running yourself...Running your team...
...When [you] are juggling time, you borrow from tomorrow, and tomorrow you have less time than you have today...It’s a very costly loan...
...Unfortunately, thanks to a host of disruptions and diversions, including electric lighting, cell phones and laptops, longer work hours, anxiety, alcohol, and caffeine use, about half of adults sleep less than seven hours a night...
...Serve with a side of Ranch or Bleu Cheese Dressing for dipping...
...but if you are stuck inside and still need to do your job, it’s important to set up a productive shop...
...The slope of the trajectory for your career is (unfairly) set in the first five years post-graduation. If you want the trajectory to be steep, you’ll need to burn a lot of fuel. The world is not yours for the taking, but for the trying. Try hard, really hard...
...Mistakes are bad, no doubt, but not learning from them is worse. The key to learning from mistakes is to admit them without excuses or defensiveness, rub your nose in them a little, and make the changes you need to make to grow going forward. If you can’t admit your mistakes, you won’t grow...
...fresh air is generally a great way to rid your space of pathogens. Open a window and let the breeze blow those germs away...
...We only get it once...
...We tend to assume that all items on a list are equally important, but usually just a few of them are more important than all the others put together...Fear plus urgency make for stupid, drastic decisions with unpredictable side effects...
My philosophy for achieving this goal can be reduced to three simple rules: Do fewer things. Do them better. Know why you’re doing them.
...Making your own homemade energy bars can be as simple or complicated as you want, and this recipe is as simple as it gets...
...Doing something isn’t the same as getting results. The problem is we convince ourselves that our only options are to do something or do nothing. We forget the third option, gathering more information...
...10Xers exercise productive paranoia, combined with empirical creativity and fanatic discipline, to create huge margins of safety. If you stay in the game long enough, good luck tends to return, but if you get knocked out, you’ll never have the chance to be lucky again. Luck favors the persistent, but you can persist only if you survive...
...There is one thing that you’re better at than other people: being you. This is the only game you can really win...
...It’s foolish to wait until you’ve made something that’s perfect, because you never will. The alternative is to continue to move toward your imaginary ideal, shipping as you iterate...
...So what is happiness? Kahneman believes that the answer lies in the tension between “what I experience” versus “what I remember.” And this conundrum shows up in many of our existential re-framings: should we live in the moment or delay gratification, focus on the process vs. the outcome, or the journey vs. the destination?...
...To keep a team cohesive, you need both rock stars and superstars. Rock stars are solid as a rock. Think the Rock of Gibraltar, not Bruce Springsteen. The rock stars love their work. They have found their groove. They don’t want the next job if it will take them away from their craft. If you honor and reward the rock stars, they’ll become the people you most rely on. If you promote them into roles they don’t want or aren’t suited for, however, you’ll lose them—or, even worse, wind up firing them. Superstars, on the other hand, need to be challenged and given new opportunities to grow constantly...
...We make up stories in our minds and then against all evidence, defend them tooth and nail. Understanding why we do this is the key to discovering truth and making wiser decisions...
...it's (1) incredibly easy to do and (2) ideal for making in advance for a big group...