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Ironically, in a changing world, playing it safe is one of the riskiest things you can do.

Reid Hoffman

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Reid Hoffman
Age: 57
Born: 1967
Born: August 5
Businessperson
Entrepreneur
Investor
Writer
Stanford
California
Reid Garrett Hoffman
Reid G. Hoffman
Ironically
Changing
Safe
Playing
Things
World

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When you turn a company profitable you've gone from a company whose days are numbered to a company whose days can be infinite.
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When you think about being contrarian, you have to think about - how is it that smart people will disagree with me, disagree with me ...from a position of intelligence, and there is something that I know that they don't know, that will actually in fact play out to be true.
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The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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A networker likes to meet people. I don't. I like accomplishing things in the world. You meet people when you want to accomplish something.
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So usually you have to have product distribution as more fundamental than what the actual product is.
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Good ideas need good strategy to realize their potential.
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Social networks do best when they tap into one of the seven deadly sins. Facebook is ego. Zynga is sloth. LinkedIn is greed.
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This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes.
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You have to be constantly reinventing yourself and investing in the future.
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The real secret of Silicon Valley is that it's really all about the people
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Help the people in your network. And let them help you.
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Your network is the people who want to help you, and you want to help them, and that's really powerful.
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Make sure a certain percentage of the people that you're hiring are generalists so that you can be, kind of reconfigured in the workforce pretty easily.
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Success...is no longer a simple ascension of steps. You need to climb sideways and sometimes down, and sometimes you need to swing from the jungle gym and establish your own turf somewhere else on the playground.
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I think the boarding schools are like miniature versions of Lord of the Flies.
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The metaphor that I frequently use for entrepreneurship is jumping off a cliff and assembling an airplane plane on the way down.
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The key thing in any kind of guiding of the business is how do you create a strong organization that is kind of accelerating into the future. And when you're in trouble, the question is, what are the techniques that you can, you know, trim, refinance, sell, et cetera, in order to get this business back to that characteristic.
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Part of the reason we like democracy is it's the portfolio of decades, which is to say you don't also get the disastrous dictator who completely destroys a society, engages you in wars and so forth.
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If I ever hear a founder talk about oh this is how I have a balanced life so on and so forth - they're not committed to winning.
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What makes the meaning of life is people, so you try to be good to people immediately around you and in your broader community. So a lot of my projects are about how I can affect the world in the hundreds of millions.
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