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World-changing startups need to be premised on accurate contrarian theories.

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
Changing
Theory
Need
Needs
World
Premised
Theories
Accurate

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The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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Ironically, in a changing world, playing it safe is one of the riskiest things you can do.
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Silicon Valley tends to believe in the individual who creates a small group and does something big.
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Pay attention to your culture and your hires from the very beginning.
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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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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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Silicon Valley is a mindset, not a location.
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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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Companies hire a lot during boom times because they're trying to adequately accelerate into the future.
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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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Good ideas need good strategy to realize their potential.
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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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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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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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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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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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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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The real secret of Silicon Valley is that it's really all about the people
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You jump off a cliff and you assemble an airplane on the way down.
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