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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.
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
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More quotes by Reid Hoffman
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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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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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 question is: how you cross uneven ground, how you assemble networks around you.
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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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You remake yourself as you grow and as the world changes. Your identity doesn’t get found. It emerges.
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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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The key thing that I find that when you're kind of in boom times and you're hiring bunches, if you can hire, you know, always maintain very high standards and even if you, you know, can't find enough of, you know, what is typically called A players, then don't hire the people. All right? So, you know, use that as a way of standards.
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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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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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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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World-changing startups need to be premised on accurate contrarian theories.
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Silicon Valley is a mindset, not a location.
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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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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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I think Hillary [Clinton] hears the anger in a broad swath of the American people, and she says, OK, how do I help create a future that's good for you?
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When you have an idea, a classic entrepreneurial impulse is to hold the idea close to you and not tell people and that's almost always a mistake.
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