...Silicon Valley's success comes from the way its companies build alliances with their employees.
Reid HoffmanWell, well-run companies always have a focus on growth and the two lines, which includes profit. The key thing during, I think, tough times, is to make sure that you've covered the basis for when something, you know, essentially things taking longer, bad luck, adversity, other kinds of circumstances may occur. Make sure that you can monitor to win, it's potentially, you know, something is going to go wrong, monitor early enough, and then take appropriate action to essentially counteract that or shift your strategy or plan, even if in fact something is not working out as well as it is.
Reid HoffmanSo usually you have to have product distribution as more fundamental than what the actual product is.
Reid HoffmanI don't normally think of like most successful moments, because like most entrepreneurs, I tend to think that however how high of a mountain I've climbed, I'm always looking at the next mountain to climb.
Reid HoffmanThere'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 HoffmanThe 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