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Good ideas need good strategy to realize their potential.

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
Need
Needs
Good
Potential
Strategy
Realize
Realizing
Ideas

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All human beings are entrepreneurs.
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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 jump off a cliff and you assemble an airplane on the way down.
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I actually think we need to put our energies, as entrepreneurs, as technology inventors, as government, to being much more inclusive. I think the key thing is actually working together.
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People are legitimately worried about Donald Trump, almost like a schoolyard bully, if I step up, am I going to be targeted, too?
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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 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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The value of being connected and transparent is so high that the roadbumps of privacy issues are much lower in actual experience than people's fears.
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Silicon Valley is a mindset, not a location.
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Ironically, in a changing world, playing it safe is one of the riskiest things you can do.
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When I'm raising money, this fundraising, I'm thinking about the next fundraising. I'm thinking how I'm set up for it.
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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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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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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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Democracy tends to be a collaborative process, a committee, a consensus.
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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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So usually you have to have product distribution as more fundamental than what the actual product is.
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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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Having a great idea for a product is important, but having a great idea for product distribution is even more important.
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Every individual is essentially now a small business and entrepreneur.
Reid Hoffman