The Pomp Podcast

#1423 Keith Rabois & Mike Shebat | How To Build A Successful Business

5 snips
Oct 18, 2024
Keith Rabois, a Managing Director at Khosla Ventures, and Mike Shebat, Co-founder of Traba, share their insights on what makes elite entrepreneurs stand out. They discuss fostering an ambitious culture and the critical traits that provide founders with an 'unfair advantage.' The duo dives into the innovative role of AI in staffing, enhancing efficiency and engagement. They also emphasize the importance of effective board engagement and the essential skills needed for successful tech leadership, wrapping up with valuable lessons for life and business.
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INSIGHT

Unfair Advantage

  • To change the world, entrepreneurs need an unfair advantage.
  • This advantage is often a top 0.1% skill or a rare combination of skills.
ANECDOTE

Max Levchin's Skills

  • Max Levchin possesses both strong business strategy and technology skills.
  • This rare combination contributed to his success at PayPal and Affirm.
ADVICE

Ambitious Goals

  • Set ambitious goals for your company from the start.
  • A clear, ambitious goal influences every decision, from hiring to fundraising.
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