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Part of the entrepreneurial thing is there are lots of ways to die.
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
Lots
Ways
Dies
Part
Thing
Way
Entrepreneurial
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World-changing startups need to be premised on accurate contrarian theories.
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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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I think the randomness by Donald Trump's governing, by tweeting, sloganeering, attacking, will create great chaos in the entire market. I think people will have difficulties in predicting the future. I think capital will recede.
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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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I think the boarding schools are like miniature versions of Lord of the Flies.
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There's a lot of people in the world that would love to trade places with American citizens, and we are very fortunate to be here.
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Democracy is always frustrating.
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If you can get better at your job, you should be an active member of LinkedIn, because LinkedIn should be connecting you to the information, insights and people to be more effective.
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Help the people in your network. And let them help you.
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It's very conventional to say that you're a contrarian these days.
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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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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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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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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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All human beings are entrepreneurs.
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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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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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The real secret of Silicon Valley is that it's really all about the people
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