yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Lecture 14 - How to Operate (Keith Rabois)


less than 1m read
·Nov 5, 2024

So I'm going to talk about how to operate. I've watched some of the prior classes, and I'm going to assume that you've already sort of hired a bunch of relentlessly resourceful people, that you built a product that at least some people love, that you probably raised some capital, and now you're trying to build a company. So you've been forging a product, and now you've got to forge a company.

Actually, I argue forging a company is much more difficult than forging a product. The basic reason is people are irrational. You probably all know this—either your parents, your significant other, your brother or sister, your teacher, somebody in your life is irrational. Building a company is basically taking all the irrational people you know, putting them in one building, and then living with them 12 hours a day at least.

So it's very

More Articles

View All
15 Lies We’ve Been Told About Achieving Happiness
If you could change one thing about your life to be happier, what would it be? More free time? Praise and validation from the people you love? What if we told you that we’ve all been lied to about the things that will make us happier? Society’s beliefs wo…
109-Year-Old Veteran and His Secrets to Life Will Make You Smile | Short Film Showcase
[Music] Yeah, a lot of people say God kept you here to help others, but I don’t know why he kept me here. I can’t tell you. I ain’t talk to him; he ain’t talk to me. My name is Richard Ain Overton. I am 109 years old! [Music] I still walk, I still talk, a…
The Most Powerful Computers You've Never Heard Of
In 1901, this ancient Greek artifact was discovered in a shipwreck off the island of Antikythera. 3D x-ray scans have revealed it contains 37 interlocking bronze gears, allowing it to model the motions of the sun and moon, and predict eclipses decades in …
AP Microeconomics FRQ on perfect competition | AP(R) Microeconomics | Khan Academy
Is a type of question that you might see on an AP economics exam, and it’s talking about perfectly competitive markets. So it says a typical profit maximizing firm in a perfectly competitive constant cost industry is earning a positive economic profit. S…
How to sell a private jet!
If you could just give me an idea of, uh, you know what sort of asking price you guys are looking for it. I think on that aircraft is somewhere around 13, uh, 13, 13 and a half, something like that. Is that in the price range you’re talking about, you’re …
TIL: These Birds Trick Others Into Raising Their Gigantic Kids | Today I Learned
[Music] Turns out there’s lots of different birds that don’t build nests at all. They only lay their eggs in other birds’ nests. This behavior is called brood parasitism, and a trick is you have to make an egg that looks like all the other eggs. Otherwise…