Reid Hoffman

So, yes, you need it. But, of course, it's much better if it happens to be that you actually are trying to do that. You are actually, in fact, you have a good plan for how you might succeed in doing that.

So, yes, you need it. But, of course, it's much better if it happens to be that you actually are trying to do that. You are actually, in fact, you have a good plan for how you might succeed in doing that.

insanely great ambition, right? I'm shooting for the moon. And, you know, sometimes literally, but most often, like, if I'm successful, I will transform the industry. Right here. An awareness of, like, a good plan for how you might do that, right? An awareness that entrepreneurship's a team sport, not an individual sport, and I have a plan for how I'm

insanely great ambition, right? I'm shooting for the moon. And, you know, sometimes literally, but most often, like, if I'm successful, I will transform the industry. Right here. An awareness of, like, a good plan for how you might do that, right? An awareness that entrepreneurship's a team sport, not an individual sport, and I have a plan for how I'm

bringing in like all of different elements, capital, talent, et cetera. Like, for example, one of the ways that I interview executives is I say, who are the three to five, the five, I love it, but minimum three world-class people who've worked for you before? And I'm going to call them and ask them what it's like working for you.

bringing in like all of different elements, capital, talent, et cetera. Like, for example, one of the ways that I interview executives is I say, who are the three to five, the five, I love it, but minimum three world-class people who've worked for you before? And I'm going to call them and ask them what it's like working for you.

And by the way, if it really matters, I will then reference check those three people on are they actually world class. Because only hire people who are going to hire world class people who play it. Now, similarly, who are the world class people who think you're world class as an entrepreneur?

And by the way, if it really matters, I will then reference check those three people on are they actually world class. Because only hire people who are going to hire world class people who play it. Now, similarly, who are the world class people who think you're world class as an entrepreneur?

And like, this is one of the things that actually Entrepreneur First that we actually, in fact, learned was it isn't necessarily who everybody thinks. It's who some world-class people think that this person is world-class because they're edgy. So you look for that. It isn't that you look for people that everybody loves them. Everybody says, oh, I'd love to have a drink with that person.

And like, this is one of the things that actually Entrepreneur First that we actually, in fact, learned was it isn't necessarily who everybody thinks. It's who some world-class people think that this person is world-class because they're edgy. So you look for that. It isn't that you look for people that everybody loves them. Everybody says, oh, I'd love to have a drink with that person.

No, no, no. Like having someone and say, oh, that person's hard driving and they're difficult. That could be a very strong positive. I've invested in a number of entrepreneurs that way. What about resilience? Well, resilience is also very important. Almost every startup goes through what I call a valley of the shadow moment, which is like, why did we think this was a good idea? Oh, my God.

No, no, no. Like having someone and say, oh, that person's hard driving and they're difficult. That could be a very strong positive. I've invested in a number of entrepreneurs that way. What about resilience? Well, resilience is also very important. Almost every startup goes through what I call a valley of the shadow moment, which is like, why did we think this was a good idea? Oh, my God.

Like when I started SocialNet, one of my connections from Apple – dropped me, who had started doing startups two years before, dropped me a one-line email that said, welcome to where 15 minutes is the difference between exaltation and terror. I'm going to change the world. Oh, shit, I'm going to die. Right? So resilience is super important because it is a dogfight. And multiple times,

Like when I started SocialNet, one of my connections from Apple – dropped me, who had started doing startups two years before, dropped me a one-line email that said, welcome to where 15 minutes is the difference between exaltation and terror. I'm going to change the world. Oh, shit, I'm going to die. Right? So resilience is super important because it is a dogfight. And multiple times,

PayPal, LinkedIn, Airbnb, oh God, we're going to die. This is going to be worth zero. Can you spot resilience in someone? You can have a high probability guess. Based on? Well, it's kind of like, so you push them on things and see what they've done. Have they taken risk? How do they respond to risk? Are they trying to persuade themselves that the thing that they're doing is zero risk?

PayPal, LinkedIn, Airbnb, oh God, we're going to die. This is going to be worth zero. Can you spot resilience in someone? You can have a high probability guess. Based on? Well, it's kind of like, so you push them on things and see what they've done. Have they taken risk? How do they respond to risk? Are they trying to persuade themselves that the thing that they're doing is zero risk?

No, no, I'm guaranteed to succeed.

No, no, I'm guaranteed to succeed.

Yeah, because then if they've gone through the difficult things and they've been resilient in there, that's likely, not 100%, that gives a good probability they'll be resilient. Like traumatize people. Well, it depends on how they respond to the trauma. What did you learn from it? How did you respond to it?

Yeah, because then if they've gone through the difficult things and they've been resilient in there, that's likely, not 100%, that gives a good probability they'll be resilient. Like traumatize people. Well, it depends on how they respond to the trauma. What did you learn from it? How did you respond to it?