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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.
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
Looking
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Moments
Entrepreneur
Always
Tend
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Mountain
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More quotes by Reid Hoffman
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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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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The metaphor that I frequently use for entrepreneurship is jumping off a cliff and assembling an airplane plane 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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Part of the entrepreneurial thing is there are lots of ways to die.
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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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If you don't start out aiming for the big game, you almost never can get there.
Reid Hoffman
The question is: how you cross uneven ground, how you assemble networks around you.
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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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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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Companies hire a lot during boom times because they're trying to adequately accelerate into the future.
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World-changing startups need to be premised on accurate contrarian theories.
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When you turn a company profitable you've gone from a company whose days are numbered to a company whose days can be infinite.
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Help the people in your network. And let them help you.
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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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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 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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People are legitimately worried about Donald Trump, almost like a schoolyard bully, if I step up, am I going to be targeted, too?
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Democracy tends to be a collaborative process, a committee, a consensus.
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Democracy is always frustrating.
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