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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.
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
Jumping
Plane
Airplane
Frequently
Planes
Assembling
Metaphor
Cliff
Use
Cliffs
Way
Entrepreneurship
More quotes by Reid Hoffman
The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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Silicon Valley is a mindset, not a location.
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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 you don't start out aiming for the big game, you almost never can get there.
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I think the boarding schools are like miniature versions of Lord of the Flies.
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All human beings are entrepreneurs.
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Everything in life has some risk, and what you have to actually learn to do is how to navigate it.
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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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Help the people in your network. And let them help you.
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The value of being connected and transparent is so high that the roadbumps of privacy issues are much lower in actual experience than people's fears.
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Companies hire a lot during boom times because they're trying to adequately accelerate into the future.
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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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One of the phrases I frequently look for is infinite learning curve.Because each entrepreneurial pattern is to some degree unique and new.
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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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The fastest way to change yourself is to hang out with people who are already the way you want to be.
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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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The key thing is to invest in the future and what that means is when you're deploying technology or you're a technology business, is to make sure that you're keeping on the innovation cycle, where you're both creating and adopting the new business practices, and the new techniques in order to drive your business the right way.
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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.
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When you turn a company profitable you've gone from a company whose days are numbered to a company whose days can be infinite.
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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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