Entrepreneurship is a life idea, not a strictly business one; a global idea, not a strictly American one. Reid Hoffman More Quotes by Reid Hoffman More Quotes From Reid Hoffman We understand that most of the middle class doesn't know what to do, doesn't feel like they have economic progress, and [Hillary Clinton] goes, "OK, I realize that's my top agenda item. That's the thing I need to do." Reid Hoffman progress class needs This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes. Reid Hoffman paradox classic thinking You should have an investment thesis that essentially says why you think this is potentially a good idea. Reid Hoffman should-have ideas thinking There's an ability to learn & adapt, an ability to constantly have a vision that's driving you, but to be taking input from all sources. Reid Hoffman driving input vision I wish to be focused on kind of the business stuff I'm doing, how do I contribute to our economic progress, how do I help create a future for American industry, American middle class, these kind of things. Those things actually really matter to me. Reid Hoffman progress wish helping The challenge when you think about product distribution is: how are you competing for potential customers or potential members time? Reid Hoffman members challenges thinking 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. Reid Hoffman team two people I am most heartened when I'm talking to a team when they're reasoning to each other. Reid Hoffman reasoning team talking I think most of [people] are not very well educated themselves to understand the Winston Churchill line - democracy is the worst of all governments until you consider all the other ones. Reid Hoffman government people thinking A product needs to be sufficiently innovative to distinguish itself from the pack, but not so forward thinking as to alienate the user. Reid Hoffman innovative needs thinking 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 social-media issues people You remake yourself as you grow and as the world changes. Your identity doesn’t get found. It emerges. Reid Hoffman identity found world Before dreaming about the future or marking plans, you need to articulate what you already have going for you - as entrepreneurs do. Reid Hoffman entrepreneur business dream 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 track able belief 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. Reid Hoffman smart play thinking The metaphor that I frequently use for entrepreneurship is jumping off a cliff and assembling an airplane plane on the way down. Reid Hoffman airplane jumping use Part of the entrepreneurial thing is there are lots of ways to die. Reid Hoffman entrepreneurial dies way Democracy is always frustrating. Reid Hoffman frustrating democracy You gotta be both flexible and persistent. Reid Hoffman flexible persistent It’s actually pretty easy to be contrarian. It’s hard to be contrarian and right. Reid Hoffman hard easy
