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I remember Keith Rabois describing this to be key to Peter Thiels management philosophy at PayPal: "So I am going to argue that you need to spend a lot of time
by Pandabob 7y ago
I remember Keith Rabois describing this to be key to Peter Thiels management philosophy at PayPal:
"So I am going to argue that you need to spend a lot of time focusing on people. This is something I learned from Peter Thiel actually. He used to insist at PayPal that every single person could only do exactly one thing. And we all rebelled, every single person in the company rebelled to this idea. Because it's so unnatural, it's so different than other companies where people wanted to do multiple things, especially as you get more senior, you definitely want to do more things and you feel insulted to be asked to do just one thing." [1]
[1]: https://startupclass.samaltman.com/courses/lec14/ https://startupclass.samaltman.com/courses/lec14/
- prox 7y agoInteresting read! And this is exactly what I learned. On the other end of the spectrum I’ve worked at companies that gave me three jobs, and a manager constantly bugging me, switching goals, scope or priorities (often after a call with a client) . And while I could certainly do it, it wasn’t very pleasant and created a stressful environment.