• CMG MORTGAGE, INC. NMLS #1820
  • Christopher Terry
  • News
  • Billionaire LinkedIn founder Reid Hoffman says this childhood obsession fueled his business success

Billionaire LinkedIn founder Reid Hoffman says this childhood obsession fueled his business success

  • December 10, 2018

LinkedIn co-founder and investor Reid Hoffman, sometimes called the "oracle of Silicon Valley," is a known business strategist. That passion for strategy, says Hoffman, stems from a childhood obsession with board games, one the billionaire says was the "most interesting predictor" of his later success as an investor and businessman.

"I figured out what the patterns of strategy were and I translated that into how I founded companies and operated as an executive and as an investor," he tells CNBC Make It.

Military-themed games helped him combine tactics into a strategic plan, while role playing games like Dungeons and Dragons and Runequest taught him problem solving. Playing against real people and not computers helped him keep his competitors' motives in mind.

"A real strategy is based off of: what are your competitors doing? What is their mindset? What are their assets? What's the way you can make that work?" Said Hoffman on the Tim Ferriss Show podcast.

Read more at CNBC.com

Christopher Terry
Loan Officer
NMLS # 1166673
Branch NMLS # 1711540

Christopher Terry

PHONE: (916) 412-7528
cterry@cmgfi.com

APPLY NOW
CMG Image
© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at www.cmgfi.com. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and NMLS Consumer Access (www.nmlsconsumeraccess.org).