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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

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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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You gotta be both flexible and persistent.
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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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Democracy tends to be a collaborative process, a committee, a consensus.
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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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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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The real secret of Silicon Valley is that it's really all about the people
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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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Everything in life has some risk, and what you have to actually learn to do is how to navigate it.
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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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The key thing is to invest in the future and what that means is when you're deploying technology or you're a technology business, is to make sure that you're keeping on the innovation cycle, where you're both creating and adopting the new business practices, and the new techniques in order to drive your business the right way.
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Every individual is essentially now a small business and entrepreneur.
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You have to be constantly reinventing yourself and investing in the future.
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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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...Silicon Valley's success comes from the way its companies build alliances with their employees.
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I think Hillary [Clinton] hears the anger in a broad swath of the American people, and she says, OK, how do I help create a future that's good for you?
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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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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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First mover Advantage doesn't go to the company that starts up, it goes to the company that scales up
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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.
Reid Hoffman