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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
Premised
Theories
Accurate
Changing
Theory
Need
Needs
World

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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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If you don't start out aiming for the big game, you almost never can get there.
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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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You jump off a cliff and you assemble an airplane on the way down.
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One of the tests that I frequently use in an interaction is I push on the idea and what I'm looking for is both flexibility & persistence.
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Democracy tends to be a collaborative process, a committee, a consensus.
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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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Part of the entrepreneurial thing is there are lots of ways to die.
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During normal times or boom times, there are some parts of the business that are going to so well, that that can cover for weakness and other parts of the business. What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.
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This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes.
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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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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 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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The question is: how you cross uneven ground, how you assemble networks around you.
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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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Trust and mutual value creation helps both employer and employee compete in the marketplace.
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It's better to be the best connected than the most connected.
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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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Companies hire a lot during boom times because they're trying to adequately accelerate into the future.
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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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