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The American Entrepreneur Reid Hoffman Co-Founder of LinkedIn A social network for people looking for a job, recently launched a book explaining essential aspects to understand. the current world and discard some essential tips to take advantage of the contexts of uncertainty.
Hoffman Vice President of PayPal, works in directories of Airbnb, Apollo Fusion, Aurora, Coda, Convoy, Prime Contractors, Gixo, Microsoft, Nauto and of Xapo, among others. He is currently a venture capital firm since 2009 and made the decision to present a new book after co-writing "The Start-up of You" and "The Alliance".
In "Blitzscaling" his latest publication, Hoffman stresses the importance of decisions in times of uncertainty.
The contractor states that in contexts of generalized doubt, the best choice an entrepreneur can make is "tightening" the accelerator. " In this sense, he casts off the idea that successful companies are being created in garages and says that the real way is to develop at full speed in uncertain environments.
In a recent interview with magazine Fortune the investor argued that the concept of Blitzscaling is ostensible to a higher priority growth rate than the efficiency of a In this regard, he emphasizes that the importance lies not in an efficient expenditure of investment, but in rapid risk-taking and becoming the first to scale.
the work team to take advantage of the rapid growth of the nascent society.
The forgetting of the rules of a carefully planned market is not a strong point of the project proposed by Hoffman, but the goal is simple: "Do not focus on the initial gains, on measuring your long-term value, or your customers, but rather on rapid growth."
This strategy exposes investors to near success or failure in the short term. The difficult part is when the time is right. However, at the time of identification, doubt becomes our worst enemy and Hoffman points out that it is fundamental to act decisively and to support on the accelerator.
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