During normal times or boom times, there are some parts of the business that are going to so well, that that can cover for weakness and other parts of the business. What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.
Reid HoffmanIt is impossible to dissociate an individual from the environment of which he is a part. No story of achievement should ever be removed from its broader social context.
Reid HoffmanAt Silicon Valley, I'm extremely sympathetic to the revolutionary response. I not only agree with it emotionally. I agree with it practically. And the only thing I disagree with is, I don't think Donald Trump is that. Trump is blow it up for no good reason at all. You want to actually do revolution with a target, with an idea, with building a new system.
Reid HoffmanIn 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