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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.
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
Great
Essentials
People
Seek
Founder
Usually
Networks
Team
Founders
Rather
Solo
Three
Task
Two
Tasks
Best
Essential
More quotes by Reid Hoffman
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.
Reid Hoffman
I think we realized the depth of frustration through the current political process. So we said, OK, we know there's a serious problem here, we know we need to work on it, and now it's Oh, we need to work on it a lot faster.
Reid Hoffman
Having a great idea for a product is important, but having a great idea for product distribution is even more important.
Reid Hoffman
Companies hire a lot during boom times because they're trying to adequately accelerate into the future.
Reid Hoffman
Social networks do best when they tap into one of the seven deadly sins. Facebook is ego. Zynga is sloth. LinkedIn is greed.
Reid Hoffman
Democracy tends to be a collaborative process, a committee, a consensus.
Reid Hoffman
Entrepreneurship is a life idea, not a strictly business one a global idea, not a strictly American one.
Reid Hoffman
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.
Reid Hoffman
So usually you have to have product distribution as more fundamental than what the actual product is.
Reid Hoffman
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.
Reid Hoffman
All human beings are entrepreneurs.
Reid Hoffman
The question is: how you cross uneven ground, how you assemble networks around you.
Reid Hoffman
Your network is the people who want to help you, and you want to help them, and that's really powerful.
Reid Hoffman
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
...Silicon Valley's success comes from the way its companies build alliances with their employees.
Reid Hoffman
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.
Reid Hoffman
When you turn a company profitable you've gone from a company whose days are numbered to a company whose days can be infinite.
Reid Hoffman
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.
Reid Hoffman
The fastest way to change yourself is to hang out with people who are already the way you want to be.
Reid Hoffman
I think the boarding schools are like miniature versions of Lord of the Flies.
Reid Hoffman