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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
Thing
Way
Entrepreneurial
Lots
Ways
Dies
Part

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Trust and mutual value creation helps both employer and employee compete in the marketplace.
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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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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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The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?
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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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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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Democracy is always frustrating.
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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.
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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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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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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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The key thing in any kind of guiding of the business is how do you create a strong organization that is kind of accelerating into the future. And when you're in trouble, the question is, what are the techniques that you can, you know, trim, refinance, sell, et cetera, in order to get this business back to that characteristic.
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I think the boarding schools are like miniature versions of Lord of the Flies.
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I'm sympathetic to the people who go, Whoa, we'd like to have the benevolent, wise dictator. It will all work much more efficiently, but the reason that we remain staunch democrats - with a small d - is it's a decades long, it's a centuries long, it's a country long process for being inclusive.
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All human beings are entrepreneurs.
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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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Silicon Valley is a mindset, not a location.
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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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Innovation comes from long-term thinking and iterative execution.
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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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