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Focus on Inputs. As a leader you do not want to focus on just your outputs, rather you want to see yourself as a function of your inputs to achieve the optimal output. If you managed people according to their outputs, then your best people will tackle the short-term conservative projects they know will drive outputs to at least some degree.

Instead if you manage to their inputs and clarity of thinking, your best people will focus on projects that have the highest potential upside that is explainable, even if they are risky and totally flop. Setting your goal to just 3x your revenue over the year will never lead to your best people doing experiments that might lead to 10x revenue increases.

via Keith Rabois