Reid Hoffman

Reid Hoffman

05-Aug-1967


United States


Businessman

QUOTES BY Reid Hoffman


Everything in life has some risk, and what you have to actually learn to do is how to navigate it.

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.

MySpace is like a bar, Facebook is like the BBQ you have in your back yard with friends and family, play games, share pictures. Facebook is much better for sharing than MySpace. LinkedIn is the office, how you stay up to date, solve professional problems.

Your network is the people who want to help you, and you want to help them, and that's really powerful.

Starting a company is like throwing yourself off the cliff and assembling an airplane on the way down.

Blitzscaling is always managerially inefficient - and it burns through a lot of capital quickly. But you have to be willing to take on these inefficiencies in order to scale up. That's the opposite of what large organizations optimize for.

Silicon Valley is a mindset, not a location.

Blitzscaling is what you do when you need to grow really, really quickly. It's the science and art of rapidly building out a company to serve a large and usually global market, with the goal of becoming the first mover at scale. This is high-impact entrepreneurship.

I actually think every individual is now an entrepreneur, whether they recognize it or not.

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