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So usually you have to have product distribution as more fundamental than what the actual product is.

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
Usually
Distribution
Actual
Fundamental
Fundamentals
Product
Products

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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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Democracy tends to be a collaborative process, a committee, a consensus.
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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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This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes.
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It's very conventional to say that you're a contrarian these days.
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Help the people in your network. And let them help you.
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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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The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?
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You have to be constantly reinventing yourself and investing in the future.
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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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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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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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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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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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You gotta be both flexible and persistent.
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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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