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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
Products
Members
Challenges
Distribution
Time
Competing
Think
Customers
Thinking
Product
Potential
Challenge
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The question is: how you cross uneven ground, how you assemble networks around you.
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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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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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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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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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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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If you can get better at your job, you should be an active member of LinkedIn, because LinkedIn should be connecting you to the information, insights and people to be more effective.
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I am most heartened when I'm talking to a team when they're reasoning to each other.
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The real secret of Silicon Valley is that it's really all about the people
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Help the people in your network. And let them help you.
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It's better to be the best connected than the most connected.
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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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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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Entrepreneurship is a life idea, not a strictly business one a global idea, not a strictly American one.
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Good ideas need good strategy to realize their potential.
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Silicon Valley is a mindset, not a location.
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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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First mover Advantage doesn't go to the company that starts up, it goes to the company that scales up
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A networker likes to meet people. I don't. I like accomplishing things in the world. You meet people when you want to accomplish something.
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