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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
Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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The biggest PR hack you can do, is not hire a PR firm.
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Great execution towards a terrible idea will get you nowhere.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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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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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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The company just needs to see you as like this maniacal execution machine.
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Founders need to figure out what the message of the company is going to be.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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Most things are not as risky as they seem.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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