Live Life in Permanent Beta

Title: Live Life in Permanent Beta
Date: 2012-02-22
Speaker: Reid Hoffman (LinkedIn)
Link: Entrepreneurial Thought Leaders
 
Everybody needs to be the entrepreneur of their own lives.
People and technology are interrelated.
The entrepreneurial mindset is now critical for everybody.
Taking risk is essential.
There are different kinds of risks. You need to figure out what are intelligent risks.
There would be no such thing as a successful serial entrepreneur unless (they) knew how to manage risk the right way.
One of the moral principles that everybody should follow is to do something that is not for yourself every year.Anytime you do an entrepreneurial effort it is not a sure thing.
On the Internet if you’re not embarrassed by your first product release you released too late.
One of the very big risks is the risk you don’t know you’re taking.
Globalization is scary from a competitive standpoint but it also creates a lot of opportunities.
If it is not 10x different then it is not different at all.
rhoffman@greylock.com
There is a limited number of companies that get to breakout velocity.
If it is not a really big idea it is usually not worth doing because it is the same amount of blood, sweat, and tears.
You always have to be investing in the next curve.
Great products are really hard.
One of the moral principles everybody should follow is to do something that is not for yourself every year.
Ultimately what makes you better is the people you talk to and interact with.
With company culture you need to think about what are the things we’re all going to hold ourselves accountable for.