Despite having a strong product idea, Reid Hoffman’s first startup collapsed, forcing him to return investors’ capital. This tough experience reshaped his approach to entrepreneurship. By embracing failure, iterating quickly, and adapting relentlessly, he went on to become a leader at PayPal and later, the co-founder of LinkedIn. In this episode, Reid shares the concept of blitzscaling, which prioritizes speed over perfection, smart strategies for taking risks, and insights on achieving rapid market dominance. In this episode, Hala and Reid will discuss: (00:00) Introduction (01:32) Building Impact-Driven Businesses (02:56) Why We Need More Entrepreneurs (04:31) The Vision Behind LinkedIn’s Success (06:43) Lessons from a Failed Startup (09:26) Making Quick, Intense Decisions at PayPal (12:39) Blitzscaling: Prioritizing Speed Over Efficiency (18:10) Maintaining Company Culture While Scaling (21:20) The Power of Early Market Dominance (25:01) The Five Stages of Company Growth (28:54) Strategies for Taking Intelligent Risks (31:44) Why Product Perfection Delays Success (33:25) Pivoting Early to Seize New Opportunities (36:18) Entrepreneurship as a Team Sport Reid Hoffman is an entrepreneur, investor, partner at Greylock, and co-founder of LinkedIn and Inflection AI. He was an executive at PayPal and a founding investor in several companies, including OpenAI. Reid actively supports various non-profits and has received numerous accolades, including an honorary CBE from the Queen of England and the Salute to Greatness Award from the Martin Luther King Jr. Center for his philanthropic efforts. Resources Mentioned: Reid’s Book, Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies : amzn.to/4jnQkfQ Sponsored By: OpenPhone - Get 20% off 6 months at openphone.com/PROFITING Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Rocket Money - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com/profiting Indeed - Get a $75 job credit at indeed.com/profiting RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new All Show Keywords: Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset. Career, Success, Entrepreneurship, Productivity, Careers, Startup, Entrepreneurs, Business Ideas, Growth Hacks, Career Development, Money Management, Opportunities, Professionals, Workplace, Career podcast, Entrepreneurship podcast…
The EMPLOY project is a three-year project involving researchers from six universities across Europe who have been exploring the experiences of non-traditional students and graduates making the transition to life and work after university. In particular, EMPLOY is concerned with what needs to be done to enhance the possibilities of non-traditional university students moving to meaningful and sustainable graduate work. More information can be found on the project website: employ.dsw.edu.pl or follow EMPLOY on twitter @EMPLOY2016 The EMPLOY research network team: University of Warwick: Dr Barbara Merrill, Dr Scott Revers, Masauso Chirwa, Professor John Field. University of the Algarve: Dr Antonio Fragoso, Dr Sandra Valadas, Liliana Paulos. Maynooth University: Dr Fergal Finnegan, Dr Jerry O’Neill. University of Lower Silesia: Professor Ewa Kurantowicz, Dr Adrianna Nizinska, Magdalena Czubak-Koch. University of Seville: Dr José González Monteagudo, Dr Mayte Padilla-Carmona, María Vázquez-Granadero. Stockholm University: Professor Agnieszka Bron, Dr Camilla Thunborg. Project manager: Dr Barbara Merrill, University of Warwick barbara.merrill@warwick.ac.uk The EMPLOY project is funded by the EU through ERASMUS+
The EMPLOY project is a three-year project involving researchers from six universities across Europe who have been exploring the experiences of non-traditional students and graduates making the transition to life and work after university. In particular, EMPLOY is concerned with what needs to be done to enhance the possibilities of non-traditional university students moving to meaningful and sustainable graduate work. More information can be found on the project website: employ.dsw.edu.pl or follow EMPLOY on twitter @EMPLOY2016 The EMPLOY research network team: University of Warwick: Dr Barbara Merrill, Dr Scott Revers, Masauso Chirwa, Professor John Field. University of the Algarve: Dr Antonio Fragoso, Dr Sandra Valadas, Liliana Paulos. Maynooth University: Dr Fergal Finnegan, Dr Jerry O’Neill. University of Lower Silesia: Professor Ewa Kurantowicz, Dr Adrianna Nizinska, Magdalena Czubak-Koch. University of Seville: Dr José González Monteagudo, Dr Mayte Padilla-Carmona, María Vázquez-Granadero. Stockholm University: Professor Agnieszka Bron, Dr Camilla Thunborg. Project manager: Dr Barbara Merrill, University of Warwick barbara.merrill@warwick.ac.uk The EMPLOY project is funded by the EU through ERASMUS+
Members of the EMPLOY research network consider what needs to be done to enhance the transition to meaningful and sustainable graduate work for non-traditional students. The following team members are involved in this podcast discussion: The following team members are involved in this podcast discussion: Dr Fergal Finnegan (Maynooth University); Dr Sandra Valadas (University of the Algarve); Dr Camilla Thunborg (Stockholm University); Dr Adrianna Nizinska (University of Lower Silesia); Dr Mayte Padilla-Carmona (University of Seville); Professor John Field; Liliana Paulos (University of the Algarve); Dr Barbara Merrill (University of Warwick); Professor Ewa Kurantowicz (University of Lower Silesia); Dr José González Monteagudo (University of Seville); Professor Agnieszka Bron (Stockholm University); Dr António Fragoso (University of the Algarve).…
Professor John Field provides contemplates the significance of social capital for non-traditional students as they make the transition to the graduate labour market.
Members of the EMPLOY research network share insights on some of the main challenges facing non-traditional students in the graduate labour market. The following team members are involved in this podcast discussion: Masauso Chirwa (University of Warwick); Dr Mayte Padilla-Carmona (University of Seville); Dr Sandra Valadas (University of the Algarve); Dr Fergal Finnegan (Maynooth University); Liliana Paulos (University of the Algarve); Dr Camilla Thunborg (Stockholm University); Dr Adrianna Nizinska (University of Lower Silesia); Professor John Field; Dr Jerry O’Neill (Maynooth University).…
Members of the EMPLOY research team reflect on what they have learned about employers’ perspectives in terms of non-traditional graduates’ employability. The following team members are involved in this podcast discussion: Dr Fergal Finnegan (Maynooth University); Dr Sandra Valadas (University of the Algarve); Dr Adrianna Nizinska (University of Lower Silesia); Dr Mayte Padilla-Carmona (University of Seville); Dr Barbara Merrill (University of Warwick); Dr Camilla Thunborg (Stockholm University); Professor John Field.…
プレーヤーFMへようこそ!
Player FMは今からすぐに楽しめるために高品質のポッドキャストをウェブでスキャンしています。 これは最高のポッドキャストアプリで、Android、iPhone、そしてWebで動作します。 全ての端末で購読を同期するためにサインアップしてください。