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Everything in life has some risk, and what you have to actually learn to do is how to navigate it.
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
Navigate
Risk
Actually
Learn
Everything
Life
More quotes by Reid Hoffman
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.
Reid Hoffman
The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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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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Silicon Valley is a mindset, not a location.
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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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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 key thing that I find that when you're kind of in boom times and you're hiring bunches, if you can hire, you know, always maintain very high standards and even if you, you know, can't find enough of, you know, what is typically called A players, then don't hire the people. All right? So, you know, use that as a way of standards.
Reid Hoffman
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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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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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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So usually you have to have product distribution as more fundamental than what the actual product is.
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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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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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Democracy is always frustrating.
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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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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.
Reid Hoffman
Democracy tends to be a collaborative process, a committee, a consensus.
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
The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?
Reid Hoffman