American - Businessman | August 5, 1967 -
Death Row inmates are almost twice as expensive to house each year as other inmates. Death penalty trials are much costlier than trials where execution is not a potential punishment and consume more time from judges, public defenders, and other legal personnel.
Reid Hoffman
TimeDeathPotentialLegalYear
One of the challenges in networking is everybody thinks it's making cold calls to strangers. Actually, it's the people who already have strong trust relationships with you, who know you're dedicated, smart, a team player, who can help you.
BusinessTrustSmartPeopleTeam
The death penalty and the arguments it inspires don't only involve ethics, morals, and justice. There are bureaucratic and economic aspects to it as well. All these different aspects commingle in ways that convince me we should take whatever steps we can to abolish the death penalty.
JusticeDeathEthicsMeMoralsTake
Silicon Valley is a mindset, not a location.
MindsetLocationValleySilicon
Hard work isn't enough. And more work is never the real answer. The sort of grit you need to scale a business is less reliant on brute force. It's actually one part determination, one part ingenuity, and one part laziness.
WorkHard WorkBusinessDetermination
I'm a little unusual: I'm a six-person-or-less extrovert.
LittleExtrovertUnusual
One of the metaphors that I use for start-ups is, you throw yourself off a cliff and assemble your airplane on the way down. If you don't solve the right problem at the right time, that's the end. Mortality puts priorities into sharp focus.
TimeFocusYourselfAirplaneEnd
A startup, to a some degree, is a set of those challenges of, 'If you don't solve this, you're dead.'
ChallengesYouDeadDegreeSetSome
The opportunity to build an enduring product far outweighs the cost of alienating a few users along the way. And the sooner you internalize that trade-off, the faster you'll move along the path to scale.
OpportunityPathYouBuildWayCost
As an entrepreneur and investor, I prioritize construction and collaboration. Whether it's a five-person start-up or a global giant, the companies that are most productive are the ones whose employees operate with a shared sense of purpose and a clear set of policies for responding to changing conditions and new opportunities.
PurposeCollaborationConstruction
Some people mistake grit for sheer persistence - charging up the same hill again and again. But that's not quite what I mean by the word 'grit.' You want to minimize friction and find the most effective, most efficient way forward. You might actually have more grit if you treat your energy as a precious commodity.
PersistenceMistakePeopleTreatYou
The key thing is to invest in the future, and what that means is - when you're deploying technology or you're a technology business - is to make sure that you're keeping on the innovation cycle, where you're both creating and adopting the new business practices and the new techniques in order to drive your business the right way.
FutureBusinessTechnologyInnovation
Copyright © 2024 QuotesDict Reid Hoffman quotes