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Entrepreneurship is a life idea, not a strictly business one a global idea, not a strictly American one.

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
Entrepreneurship
Global
American
Idea
Business
Ideas
Life
Strictly

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Every individual is essentially now a small business and entrepreneur.
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Everything in life has some risk, and what you have to actually learn to do is how to navigate it.
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You remake yourself as you grow and as the world changes. Your identity doesn’t get found. It emerges.
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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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Giving birth to something that could possibly change the lives of millions of people for possibly decades, hundreds of years, whatever the length of time the run is, is a great feeling.
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Silicon Valley tends to believe in the individual who creates a small group and does something big.
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During normal times or boom times, there are some parts of the business that are going to so well, that that can cover for weakness and other parts of the business. What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.
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Companies hire a lot during boom times because they're trying to adequately accelerate into the future.
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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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So usually you have to have product distribution as more fundamental than what the actual product is.
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One of the phrases I frequently look for is infinite learning curve.Because each entrepreneurial pattern is to some degree unique and new.
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It's useful to be able to recognize whether you're on track or not. To have that belief, but also paranoia about am I tracking against my investment thesis.
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You have to be constantly reinventing yourself and investing in the future.
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It's better to be the best connected than the most connected.
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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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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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I don't normally think of like most successful moments, because like most entrepreneurs, I tend to think that however how high of a mountain I've climbed, I'm always looking at the next mountain to climb.
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Silicon Valley tends to believe in the individual who creates a small group and does something big. Democracy is always frustrating, but it creates a society that, for example, allows us to invest in each other's kids, to have public education, to have both a greater society and individual freedom for creating businesses.
Reid Hoffman
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One of the things is when you think, Wait, I'm fearful of retaliation, I'm fearful of oppression because of someone who is going into a public office, who might be vengeful for their own personal reasons, that's actually not a reason to hide - that's a reason to step up, right?This is part of what we learned from the 1920s.
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The question is: how you cross uneven ground, how you assemble networks around you.
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