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We Study Billionaires - The Investor’s Podcast Network

TIP 125 : Billionaire Reid Hoffman & The Start-Up of You (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 12 February 2017

⏱️ 52 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN:

  • How to build a professional network, so you don’t have to apply for a job the traditional way.
  • How you develop a competitive advantage as an employee in today’s market.
  • How to take intelligent risks in your business and on your job.
  • Ask the Investors: What are the biggest biases new investors have?


BOOKS AND RESOURCES


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Transcript

Click on a timestamp to play from that location

0:00.0

We study billionaires and this is episode 125 of the Investors Podcast.

0:06.0

Broadcasting from Bel Air, Maryland. This is the Investors Podcast.

0:14.0

They'll read the books and summarize the lessons. They'll test the waters. Tell you what it's called.

0:20.0

They'll give you actionable investing strategies. Your host Preston Pish and St. Brooderson.

0:30.0

Hey, how's everybody doing out there? This is Preston Pish and I'm your host for the Investors Podcast.

0:34.0

And as usual, I'm accompanied by my co-host St. Brooderson, Owens, Seoul, South Korea.

0:40.0

Today we have a book for you. This book was by the billionaire Reed Hoffman out of Silicon Valley.

0:48.0

For anybody who's not familiar with Reed Hoffman, he is the LinkedIn guy.

0:54.0

That's probably the best way I can describe him for everybody to know exactly who I'm talking about.

0:58.0

He's the founder of LinkedIn. And if you don't know much about Reed, he really comes with a pretty impressive background because it's not like he just did LinkedIn.

1:08.0

He did a bunch of other things that have all been insanely successful.

1:13.0

So let me give you a quick background on him. So his current net worth is $3 billion.

1:18.0

He was an undergrad student at Stanford and then he went on to study at Oxford.

1:23.0

Really interesting. He at a very young age, this quoted as saying that he wanted to have a huge impact on the world.

1:30.0

And so he initially wanted to go into academia and write books and then he kind of had this transition in this morphing early on where he didn't feel like he could have his big of an impact by being an academia.

1:43.0

So instead he wanted to go out and he wanted to work for a big name company in Silicon Valley.

1:48.0

So he started off working at Apple computers in 1994.

1:52.0

Now what I find really interesting about his background is he started at Apple.

1:57.0

And within three years, they put him in this division called E world, which was eventually sold to AOL within two years after he started working there.

2:06.0

And only three years after he started working for Apple, he went on on his own and started a company called social net.com in 1997.

2:17.0

And if you're wondering what social net.com was in 1997, it was Facebook.

2:23.0

That's basically what it was now. This didn't obviously become Facebook, but what social net.com was, and this was like literally seven or eight years before Mark Zuckerberg created Facebook or MySpace or any of that stuff.

...

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