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I think the boarding schools are like miniature versions of Lord of the Flies.
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
School
Think
Thinking
Miniature
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Boarding
Flies
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Schools
Lord
More quotes by Reid Hoffman
Democracy tends to be a collaborative process, a committee, a consensus.
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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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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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It's very conventional to say that you're a contrarian these days.
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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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...Silicon Valley's success comes from the way its companies build alliances with their employees.
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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.
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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.
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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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A networker likes to meet people. I don't. I like accomplishing things in the world. You meet people when you want to accomplish something.
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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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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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All human beings are entrepreneurs.
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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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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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Every individual is essentially now a small business and entrepreneur.
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You gotta be both flexible and persistent.
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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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Part of the entrepreneurial thing is there are lots of ways to die.
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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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