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Masters of Scale

Above all else, invest in friendship: Reid Hoffman’s 2022 commencement speech

Masters of Scale

WaitWhat

Entrepreneurship, Business, Management, Reid Hoffman, Mindset, Diversity & Inclusion, Jeff Berman, Bob Safian, Startups

4.64.4K Ratings

🗓️ 18 June 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

For Reid Hoffman, the way to live a meaningful and productive life is to focus on one key area: friendships. Speaking at Vanderbilt University’s 2022 commencement, he shares four lessons on why friendships are crucial for helping us achieve our potential and enact meaningful change. 

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Transcript

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0:00.0

Hi listeners, read here. On May 12th, I gave a commencement address at Vanderbilt University

0:05.8

and published it on LinkedIn. In preparing for the speech, I reflected on the lessons from

0:10.4

personal experiences across my career that were the most impactful in my life. I included

0:16.6

four of those lessons in this speech, which I'll read to you today. Whether you're a recent

0:21.4

graduate, a long time alumni, or have never been to college, these lessons can apply and

0:26.0

building up better and more meaningful business, career, and life. For anyone starting a new

0:31.4

chapter this year from graduates to founders, endless potential lies ahead of you. In new

0:36.6

challenges, new jobs, and perhaps most importantly, in the potential to change and improve the

0:41.7

world. I hope the stories I'll share in this speech will be helpful reminders of the most

0:46.1

important investment you will make no matter your career. I wish you the best while you embark

0:51.2

on this new era of your lives and congratulations.

1:20.1

We'll start the show in a moment. Afterward from our premier brand partner, Capital One Business.

1:28.3

I had a candidate who was a little bit reserved and quiet and held back. I remember thinking,

1:35.2

is this going to be one of my rock stars? I wasn't sure yet.

1:39.3

That's Jean Lee. She leads card services and strategy at Capital One. When it comes to

1:43.7

interviews, she's considered an in-house MVP.

1:47.4

You're looking for heart. That's very much an attitude, not an aptitude thing. So the

1:51.0

specific question I'll ask is, tell me about a time you helped someone when it had nothing

1:56.3

to do with the results you're trying to deliver.

1:59.6

But this time her question was met with an awkward silence. I was like, oh no, does he

2:04.2

not have an example? If he can't give me an example of elevating up here, I would struggle

2:09.6

to be excited to have him on my team.

...

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