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

Safari Live - Day 178 | National Geographic

Khan Academy Ed Talks with Kristi Yamaguchi - Thursday, March 3

View All

How I Turned $1,500 Into $5.5 Billion

So guys, we’re on our way to Kentucky right now to visit Papa John. And yes, it’s the Papa John, the billionaire Papa John. He’s showing us his house; we’re getting a day in the life, taking you along. And I got a Starbucks, so let’s go! Yeah, about this…

Division in context examples

We are asked which problem can we solve with 42 divided by seven, and they explain three different scenarios. Here, we need to pick one of them, so pause this video and have a go at it before we work through it together. All right, now let’s work through…

Tax, discount and tip examples

We’re told that Casey buys a bracelet. She pays for the bracelet and pays 72 cents in sales tax. The sales tax rate is 6%. What is the original price of the bracelet before tax? So pause this video and see if you can figure this out. Well, let’s think a…

What Causes The Phases Of The Moon?

[Applause] Now I’ve been around Sydney and I’ve asked people what causes the phases of the moon, and you know what they say? How do we get the faces of the Moon? Uh, because of the Earth blocks the light that comes from the Sun. A full moon is basically w…

Jack Bogle: Beware of This One Mistake 99% of Investors Make

At least start off. I mean, I’d say start off an index fund period. And for five years, don’t do anything else and then look around and see what’s happened in the five years. See how it felt when the market dropped fifty percent. See how it felt when it c…

Why I Think the 2024 U.S. Presidential Election will be the Most Important in our Lifetime

Let’s do politics quickly. We have an election next year in the US that you’ve said is the most important election in our lifetime. You see populists on both sides of the debate. How do you—what’s the end result there? Well, I think we can all see that w…

Lecture 14 - How to Operate (Keith Rabois)

More Articles