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The Diary Of A CEO with Steven Bartlett

Reid Hoffman, LinkedIn Founder: It’s Time To Quit Your Job When You Feel This! Selling LinkedIn For $26 Billion Taught Me This About Life! Trump Is Going To Punish Me!

16 Dec 2024

Transcription

Full Episode

0.45 - 5.34 Reid Hoffman

President Trump was threatening personal and political retaliation because I tried to help Harris get elected.

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5.701 - 10.811 Steven Bartlett

Do you think you'll be penalized? Yes. And direct on you? And direct to me. You're not planning on leaving the U.S., are you?

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12.444 - 30.976 Narrator

Um, Reid Hoffman is the co-founder of LinkedIn and one of the world's most successful entrepreneurs, playing pivotal roles in the success of influential companies, including PayPal, Airbnb, Facebook, and OpenAI. And now he is a leading voice in AI, helping people utilize this new technology to empower themselves in their life and careers.

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31.516 - 43.443 Steven Bartlett

You were part of what they call the PayPal mafia, who went on to create Tesla, YouTube, Reddit, SpaceX, LinkedIn, and become multi-billionaires. And so I've got so many questions. Let's do it. What are the key factors of a great entrepreneur's mindset?

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43.684 - 61.474 Reid Hoffman

One is you have to understand that you don't get to an optimistic future by trying to avoid failure. When we started LinkedIn, everyone said, this won't work. But just because you don't have 100% chances of succeeding doesn't mean that you shouldn't do it. But there's also a set of skills that are rare that you can actually teach to entrepreneurs that makes you much more likely to be successful.

61.734 - 71.96 Steven Bartlett

The first is... And then, how do you know when to quit the job? What's your view on work-life balance? And if you were advising anyone to build wealth in 2025... What would you say? Here's some simple tips.

72.14 - 82.288 Reid Hoffman

One is, Reid, what is your take on AI? It gives us superpowers. Now, there will be costs to it, but like electricity, it does electrocute people, but it's essential for human society.

86.851 - 105.156 Steven Bartlett

100%. This is what you're doing. Quick one before we get back to this episode. Just give me 30 seconds of your time. Two things I wanted to say. The first thing is a huge thank you for listening and tuning into the show week after week. It means the world to all of us. And this really is a dream that we absolutely never had and couldn't have imagined getting to this place.

105.836 - 124.447 Steven Bartlett

But secondly, it's a dream where we feel like we're only just getting started. And if you enjoy what we do here, please join the 24% of people that listen to this podcast regularly and follow us on this app. Here's a promise I'm going to make to you. I'm going to do everything in my power to make this show as good as I can now and into the future.

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