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