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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

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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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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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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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Good ideas need good strategy to realize their potential.
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You gotta be both flexible and persistent.
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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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You have to be constantly reinventing yourself and investing in the future.
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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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Every individual is essentially now a small business and entrepreneur.
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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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It's nice to be happy. But the meaning of life is meaning - what's the impact you're having on the world. Suffering to accomplish that is a perfectly fine thing.
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Democracy tends to be a collaborative process, a committee, a consensus.
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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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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 fastest way to change yourself is to hang out with people who are already the way you want to be.
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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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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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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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You jump off a cliff and you assemble an airplane on the way down.
Reid Hoffman