Billionaire Advice: The Benefits Of Operating Like An Entrepreneur, Even If You Aren't One | Forbes

Billionaire Reid Hoffman sits down with Forbes to discuss his theory on why everyone could benefit and find success from operating like an entrepreneur in all facets of life. Hoffman cofounded professional networking site LinkedIn in 2003 and is a partner at venture capital firm Greylock Partners.

In 2016, Hoffman sold LinkedIn to Microsoft for $26.2 billion in cash and joined Microsoft's board. He is an investor in Airbnb, which went public in December 2020, and autonomous driving pioneer Aurora, which acquired Uber's self-driving unit.

Hoffman is part of the so-called "PayPal Mafia," and was one of the first employees at the payment company that was later sold to eBay. Before PayPal, Hoffman created the (failed) dating site SocialNet, which some regard as the first online social network.

He has put $1.5 billion into impact investments through charitable entities like donor-advised funds; Forbes excludes this sum from his fortune. He is currently worth $2.1 billion.

00:00 Introducing Reid Hoffman & The Startup Of You
00:50 Bring The Skillset Of An Entrepreneur To Your Life
02:40 Steps To Operate Like An Entrepreneur
05:19 Navigating The Great Resignation
07:54 On The Future Of Work
11:33 How To Maximize Your Network
14:49 How To Get Comfortable At Taking Risks
16:01 Learned Lessons From Hoffman's Podcast
18:50 How To Harness The Word "No"
21:16 How To Know Which Ideas Are Worth Investing In
22:38 Hoffman's Biggest Investor Regret
24:49 Hoffman On Elon Musk Buying Twitter
27:14 Where The Biggest Entrepreneurial Opportunities Are In 2022

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