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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
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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
Make
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People
Percentages
Hiring
Easily
Pretty
Sure
Certain
Generalists
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Workforce
More quotes by 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.
Reid Hoffman
You have to be constantly reinventing yourself and investing in the future.
Reid Hoffman
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.
Reid Hoffman
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.
Reid Hoffman
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.
Reid Hoffman
Silicon Valley is a mindset, not a location.
Reid Hoffman
The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?
Reid Hoffman
One of the phrases I frequently look for is infinite learning curve.Because each entrepreneurial pattern is to some degree unique and new.
Reid Hoffman
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
When I'm raising money, this fundraising, I'm thinking about the next fundraising. I'm thinking how I'm set up for it.
Reid Hoffman
Help the people in your network. And let them help you.
Reid Hoffman
It's very conventional to say that you're a contrarian these days.
Reid Hoffman
Ironically, in a changing world, playing it safe is one of the riskiest things you can do.
Reid Hoffman
If I ever hear a founder talk about oh this is how I have a balanced life so on and so forth - they're not committed to winning.
Reid Hoffman
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.
Reid Hoffman
Democracy is always frustrating.
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.
Reid Hoffman
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.
Reid Hoffman
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
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