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One thing I tell startups all the time is that the best way to grow is to make their product better.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Time
Grow
Grows
Tell
Best
Better
Thing
Way
Product
Make
Products
More quotes by Sam Altman
You have to be decisive. Indecisiveness is a startup killer.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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The thing that kills startups at some level, is the founders giving up.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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You really want to know your cofounders for a while, ideally years.
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Losing focus is another way that founders get off track.
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In the beginning of a company, there is no management and this actually works really well.
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If you compromise and hire someone mediocre you will always regret it.
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Most things are not as risky as they seem.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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You can basically change everything in a startup but the market.
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