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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
Entrepreneurial
Lots
Ways
Dies
Part
Thing
Way

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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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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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The question is: how you cross uneven ground, how you assemble networks around you.
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A networker likes to meet people. I don't. I like accomplishing things in the world. You meet people when you want to accomplish something.
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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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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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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.
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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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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.
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What makes the meaning of life is people, so you try to be good to people immediately around you and in your broader community. So a lot of my projects are about how I can affect the world in the hundreds of millions.
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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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Help the people in your network. And let them help you.
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You have to be constantly reinventing yourself and investing in the future.
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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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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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First mover Advantage doesn't go to the company that starts up, it goes to the company that scales up
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It's very conventional to say that you're a contrarian these days.
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You remake yourself as you grow and as the world changes. Your identity doesn’t get found. It emerges.
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Democracy is always frustrating.
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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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