Zara takes only two weeks to develop a new product and get it into stores — the industry average is six months — and launches over ten thousand new d… - Reid Hoffman

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Zara takes only two weeks to develop a new product and get it into stores — the industry average is six months — and launches over ten thousand new designs per year, a rate several times that of competitors like H&M and Gap. Zara holds just six days of inventory, while rival H&M holds nearly ten times as much.

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Alternative Names: Reid Garrett Hoffman Reid G. Hoffman

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Unfortunately, for far too many, focused learning ends at college graduation. They read about stocks and bonds instead of reading books that improve their mind. They compare their cash salary to their peers' instead of comparing lessons learned. They invest in the stock market and neglect investing in themselves. They focus, in short, on hard assets instead of soft assets. This is a mistake.

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To change the world, startup entrepreneurs need to capitalize on the relatively small number of transformative opportunities they encounter early on in their journeys. This is equally true when it comes to your career.

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