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The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?
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
Think
Customers
Thinking
Product
Potential
Challenge
Products
Members
Challenges
Distribution
Time
Competing
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When I'm raising money, this fundraising, I'm thinking about the next fundraising. I'm thinking how I'm set up for it.
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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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Make sure a certain percentage of the people that you're hiring are generalists so that you can be, kind of reconfigured in the workforce pretty easily.
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When you think about being contrarian, you have to think about - how is it that smart people will disagree with me, disagree with me ...from a position of intelligence, and there is something that I know that they don't know, that will actually in fact play out to be true.
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Part of the entrepreneurial thing is there are lots of ways to die.
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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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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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It's very conventional to say that you're a contrarian these days.
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Good ideas need good strategy to realize their potential.
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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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