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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
Days
Company
Gone
Turns
Numbered
Profitable
Infinite
Whose
Turn

More quotes by Reid Hoffman

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All human beings are entrepreneurs.
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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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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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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.
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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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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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Your network is the people who want to help you, and you want to help them, and that's really powerful.
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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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You gotta be both flexible and persistent.
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Part of the entrepreneurial thing is there are lots of ways to die.
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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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Innovation comes from long-term thinking and iterative execution.
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Silicon Valley tends to believe in the individual who creates a small group and does something big. Democracy is always frustrating, but it creates a society that, for example, allows us to invest in each other's kids, to have public education, to have both a greater society and individual freedom for creating businesses.
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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 better to be the best connected than the most connected.
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There's a lot of people in the world that would love to trade places with American citizens, and we are very fortunate to be here.
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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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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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What I think Peter Thiel imagines is that Donald Trump has a policy, that Trump has an idea of what to do. haven't heard any of those ideas. All I hear is sloganeering, vitriol, personal attacks.
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Pay attention to your culture and your hires from the very beginning.
Reid Hoffman