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Giving birth to something that could possibly change the lives of millions of people for possibly decades, hundreds of years, whatever the length of time the run is, is a great feeling.

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
Giving
Birth
Great
Millions
Something
Feeling
Years
Whatever
Time
Lives
Hundreds
People
Running
Length
Feelings
Possibly
Change
Decades

More quotes by Reid Hoffman

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Part of the entrepreneurial thing is there are lots of ways to die.
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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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I am most heartened when I'm talking to a team when they're reasoning to each other.
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Innovation comes from long-term thinking and iterative execution.
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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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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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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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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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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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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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No matter how brilliant your mind or strategy, if you're playing a solo game, you'll always lose out to a team.
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Pay attention to your culture and your hires from the very beginning.
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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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The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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The key thing that I find that when you're kind of in boom times and you're hiring bunches, if you can hire, you know, always maintain very high standards and even if you, you know, can't find enough of, you know, what is typically called A players, then don't hire the people. All right? So, you know, use that as a way of standards.
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I'm sympathetic to the people who go, Whoa, we'd like to have the benevolent, wise dictator. It will all work much more efficiently, but the reason that we remain staunch democrats - with a small d - is it's a decades long, it's a centuries long, it's a country long process for being inclusive.
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This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes.
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You gotta be both flexible and persistent.
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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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All human beings are entrepreneurs.
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