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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
Strategy
Realize
Realizing
Ideas
Need
Needs
Good
Potential

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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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Help the people in your network. And let them help you.
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It's nice to be happy. But the meaning of life is meaning - what's the impact you're having on the world. Suffering to accomplish that is a perfectly fine thing.
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You gotta be both flexible and persistent.
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No matter how brilliant your mind or strategy, if you're playing a solo game, you'll always lose out to a team.
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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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Entrepreneurship is a life idea, not a strictly business one a global idea, not a strictly American one.
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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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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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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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World-changing startups need to be premised on accurate contrarian theories.
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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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When you have an idea, a classic entrepreneurial impulse is to hold the idea close to you and not tell people and that's almost always a mistake.
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Pay attention to your culture and your hires from the very beginning.
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If you don't start out aiming for the big game, you almost never can get there.
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One of the tests that I frequently use in an interaction is I push on the idea and what I'm looking for is both flexibility & persistence.
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What great founders do is seek the networks that will be essential to their task... Usually it's best to have two or three people on a team rather than a solo founder.
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It's very conventional to say that you're a contrarian these days.
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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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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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