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

Recognizing number pattern examples

Smoking is Awesome

View All

Inca Empire overview | World History | Khan Academy

What we’re going to do in this video is think about the significant empires that formed shortly before the European colonization of the Americas. In particular, we’re going to focus on the Inca Empire. In other videos, we have talked about the Aztecs, but…

Classical Japan during the Heian Period | World History | Khan Academy

What we’re going to do in this video is talk about roughly a thousand years of Japanese history that take us from what’s known as the Classical period of Japan through the Japanese medieval period all the way to the early modern period. The key defining c…

Should I Use a Dev Shop? - Michael Seibel

A common question that we get at YC is: Is it okay to outsource the development of your initial product? The challenge here is that most founders who are not technical think that they have a problem that’s worth solving, think they understand their custom…

John Bogle on How to Build Wealth in the Stock Market

But I think the idea of buying and holding forever and not trying to make adjustments requires that you’ve gotten it right in the first place. That you can only hold tight if you’ve bought right, if you will. And that is to say, have an asset allocation t…

The Ponzi Factor - Short Trailer

When we think about the stock market, we think about money, the finance industry, businesses, and making money from investing in successful businesses. The belief is investing in successful businesses is what leads to investment profits, and there’s a dir…

How Tutankhamun Got His Gold | Lost Treasures of Egypt

Thomas and Jennifer are investigating one of Tutankhamun’s secrets, excavating under a ruined fortress for evidence he got his gold from the inhospitable eastern desert. Did his miners shelter here? The team has just found something: stone blocks that off…

Lecture 14 - How to Operate (Keith Rabois)

More Articles