A Quote by Reid Hoffman

Blitzscaling is always managerially inefficient - and it burns through a lot of capital quickly. But you have to be willing to take on these inefficiencies in order to scale up. That's the opposite of what large organizations optimize for.

Reid Hoffman

Quote Topics

Always Burns Capital Inefficient Large Lot Opposite Optimize Order Organizations Quickly Scale Take Through Up Willing

Quote Author

Reid Hoffman
American - Businessman
Born: August 5, 1967

Blitzscaling is what you do when you need to grow really, really quickly. It's the science and art of rapidly building out a company to serve a large and usually global market, with the goal of becoming the first mover at scale. This is high-impact entrepreneurship.

Reid Hoffman

One of the major challenges for modern large-scale organizations - it's vital to find ways to mobilize the collective brainpower of people in these organizations. To think the opposite is naive - even if the image of the 'great man leader' exists the reality doesn't.

Yves Doz

The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.

Hilaire Belloc

Governments first of all have been able to amass, through the taxation process, large sums of capital which they have redistributed to persons or groups, already large holders of capital, through official subsidies.

Immanuel Wallerstein

The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.

Clayton M. Christensen

If you are going to do large-scale invention, you have to be willing to do three things: You must be willing to fail; you have to be willing to think long term; and you have to be willing to be misunderstood for long periods of time.

Jeff Bezos

Capital was always the struggle. I always had these amazing visions. Had this amazing work ethic. Had this amazing work partner in my wife. But I was always struggling for capital. I owe a lot to local banks who were willing to take chances on Jo and I early in our career.

Chip Gaines

If you're not willing to take the political heat, then you shouldn't get into the game of land conservation, especially on a large scale.

Douglas Tompkins

Engineers love to optimize problems. Now I optimize logistical problems. I ask: 'What's the goal? What are our constraints? What is the optimal, elegant way to get to that goal within those constraints?' I break it down in terms of a data funnel: 'Where in the funnel are we inefficient?' That analytical background really helps.

Ruchi Sanghvi

It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion.

Evan Davis

Large organizations cannot be versatile. A large organization is effective through its mass rather than through its agility. Fleas can jump many times their own height, but not an elephant.

Peter Drucker

One of the hardest things to do is to get capital. That's where we, as black business, struggles. And the other place we struggle is scale, and because we don't have an access to capital, we cannot scale.

Richelieu Dennis

From building a fire one can learn something about artistic composition. If you use only small kindling and large logs, the fire will quickly eat up the small pieces but will not become strong enough to attack the large ones. You must supply a scale of sizes from the smallest to the largest. The human eye also will not make its way into a painting or building unless a continuum of shapes leads from the small to the large, from the large to the small.

Rudolf Arnheim

With things that I'm going through, whether they be on a small scale or a large scale, I'm thinking, 'Who else is going through this? And how can I address it and bring it to light to help someone else?'

Kerby Jean-Raymond

There's a lot of complacency in philanthropy. People figure organizations are trying to do good, and that's enough, even if the results aren't there. But that's wasteful and inefficient. It crowds out better programs.