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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.
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
Gone
Turns
Numbered
Profitable
Infinite
Whose
Turn
Days
Company
More quotes by Reid Hoffman
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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...Silicon Valley's success comes from the way its companies build alliances with their employees.
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When I'm raising money, this fundraising, I'm thinking about the next fundraising. I'm thinking how I'm set up for it.
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Innovation comes from long-term thinking and iterative execution.
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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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The value of being connected and transparent is so high that the roadbumps of privacy issues are much lower in actual experience than people's fears.
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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.
Reid Hoffman
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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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.
Reid Hoffman
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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Ironically, in a changing world, playing it safe is one of the riskiest things you can do.
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This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes.
Reid Hoffman
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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What great founders do is seek the networks that will be essential to their task... Usually it's best to have two or three people on a team rather than a solo founder.
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All human beings are entrepreneurs.
Reid Hoffman
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.
Reid Hoffman
The question is: how you cross uneven ground, how you assemble networks around you.
Reid Hoffman
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.
Reid Hoffman
I am most heartened when I'm talking to a team when they're reasoning to each other.
Reid Hoffman
Trust and mutual value creation helps both employer and employee compete in the marketplace.
Reid Hoffman