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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.
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
Suffering
Happy
Thing
Perfectly
Life
Accomplish
World
Impact
Meaning
Fine
Nice
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If I ever hear a founder talk about oh this is how I have a balanced life so on and so forth - they're not committed to winning.
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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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I think we realized the depth of frustration through the current political process. So we said, OK, we know there's a serious problem here, we know we need to work on it, and now it's Oh, we need to work on it a lot faster.
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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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Pay attention to your culture and your hires from the very beginning.
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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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So usually you have to have product distribution as more fundamental than what the actual product is.
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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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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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Good ideas need good strategy to realize their potential.
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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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The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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It's very conventional to say that you're a contrarian these days.
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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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Innovation comes from long-term thinking and iterative execution.
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Every individual is essentially now a small business and entrepreneur.
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