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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
Potential
Challenge
Products
Members
Challenges
Distribution
Time
Competing
Think
Customers
Thinking
Product

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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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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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Part of the entrepreneurial thing is there are lots of ways to die.
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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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Pay attention to your culture and your hires from the very beginning.
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Silicon Valley tends to believe in the individual who creates a small group and does something big. Democracy is always frustrating, but it creates a society that, for example, allows us to invest in each other's kids, to have public education, to have both a greater society and individual freedom for creating businesses.
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I actually think we need to put our energies, as entrepreneurs, as technology inventors, as government, to being much more inclusive. I think the key thing is actually working together.
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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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It's better to be the best connected than the most connected.
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Democracy is always frustrating.
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The question is: how you cross uneven ground, how you assemble networks around you.
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I think the randomness by Donald Trump's governing, by tweeting, sloganeering, attacking, will create great chaos in the entire market. I think people will have difficulties in predicting the future. I think capital will recede.
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I don't normally think of like most successful moments, because like most entrepreneurs, I tend to think that however how high of a mountain I've climbed, I'm always looking at the next mountain to climb.
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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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Every individual is essentially now a small business and entrepreneur.
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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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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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