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 More Quotes by Reid Hoffman More Quotes From Reid Hoffman Everyone, you know, during crises times, is much more focused on, okay, how do we get the boat completely seaworthy, sailing along well, and everything going well? And so as long as you're communicating how the general strategy of the company and how the work they can do to add to that and to make that more successful and the thing that they can contribute to that, that is generally very motivating for employees in crisis times. Reid Hoffman sailing successful long In crisis times, it's actually not more difficult to motivate your staff, because everyone gets much more focused on how they control their own economic destiny. So, what you do is you have clear communication, which is always a good leadership technique, and you talk about how you can build something good and strong in the future, and how you can work together in order to do that. Reid Hoffman destiny communication strong The key thing for a CEO to keep their head in the game is recognize that there's turbulent times, plan for, you know, bad luck as well as good luck, keep people focused on what the key, you know, business wins are, and you know, provide the energy that people always need in order to, you know, to go into battle because, you know, work is hard and go into work and do that well. And provide a good leadership beacon for that. In other words, it's the same thing that makes good leadership in any other time. Reid Hoffman good-luck keys winning The CEO's job is always about leadership. It's about leadership in a vision, in terms of where you're going, it's about making sure that you have the right organization and staff, and that you have kind of clearly communicated what some of the plays are and what some of the goals are in terms of the business and how do you organize together in order to make that happen. Reid Hoffman play jobs order 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 strong keys order 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. Reid Hoffman technology order mean The key thing for all businesses, and especially of course technology businesses or businesses that employ technology as a key kind of strategic advantage, is you always have to be investing in the future. Reid Hoffman investing technology keys 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 office waiting thinking Who should've been paying attention before ? well, the intelligence services agencies like the NSA, the CIA and other people who deal in government-to-government stuff. They are the people who should be tracking that sort of thing and letting [ Facebook ] know and then collaborating. Reid Hoffman technology Let's make sure there's only a certain number of cars on the road with a certain number of utilization to make sure the traffic flows in a certain way, as a way we contribute to it. Reid Hoffman technology If we could run a survey or hire academics or a blue ribbon committee to study something and deliberate that, and then we could factor that in [ to decisions ], of course that reduces risk. The problem is that also massively reduces time. Reid Hoffman technology The death penalty and the arguments it inspires don't only involve ethics, morals, and justice. There are bureaucratic and economic aspects to it as well. All these different aspects commingle in ways that convince me we should take whatever steps we can to abolish the death penalty. Reid Hoffman me ethics justice death As an entrepreneur and investor, I prioritize construction and collaboration. Whether it's a five-person start-up or a global giant, the companies that are most productive are the ones whose employees operate with a shared sense of purpose and a clear set of policies for responding to changing conditions and new opportunities. Reid Hoffman construction collaboration purpose Some people mistake grit for sheer persistence - charging up the same hill again and again. But that's not quite what I mean by the word 'grit.' You want to minimize friction and find the most effective, most efficient way forward. You might actually have more grit if you treat your energy as a precious commodity. Reid Hoffman hill you mistake people Hard work isn't enough. And more work is never the real answer. The sort of grit you need to scale a business is less reliant on brute force. It's actually one part determination, one part ingenuity, and one part laziness. Reid Hoffman you hard-work business work Death Row inmates are almost twice as expensive to house each year as other inmates. Death penalty trials are much costlier than trials where execution is not a potential punishment and consume more time from judges, public defenders, and other legal personnel. Reid Hoffman legal death-penalty time death Sometimes freedom from normal rules is what gives you competitive advantage. Reid Hoffman rules you freedom sometimes If you could train an AI to be a Buddhist, it would probably be pretty good. Reid Hoffman ai good you train Observe, orient, decide, act. It's fighter pilot terminology. If you have the faster OODA loop in a dogfight, you live. The other person dies. In Silicon Valley, the OODA loop of your decision-making is effectively what differentiates your ability to succeed. Reid Hoffman pilot live you succeed 'Founder' is a state of mind, not a job description, and if done right, even CEOs who join after day 1 can become founders. Reid Hoffman job day done mind
