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Quote by Reid Hoffman

“Boom and bust cycles are very difficult for businesses because you're hiring a bunch because you're planning for the future. And if the future is going to be very big, you need to hire people, or suddenly you go to boom to bust, then all of a sudden, you're kind of battening down the hatches and trying to sail, you know, through the storm, it's a different thing. So part of it is making good decisions about, well, how long is a boom cycle going to be, you know, don't plan on it going forever.”

Quote by Reid Hoffman

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Reid Hoffman
Reid Hoffman

Reid Hoffman is an entrepreneur born on August 5, 1967. He is one of the co-founders of LinkedIn, which has had a profound impact on the development of modern professional social networking. more

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