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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Team
Sufficiently
Term
Sales
Idea
Marketing
Ideas
Product
Long
Brilliant
Good
Save
Products
Hack
Growth
Hacks

More quotes by Sam Altman

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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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Most things are not as risky as they seem.
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You need unstoppable people. You want people that are just going to get it done.
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The track record for founders that don't already know each other is really bad.
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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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If it works out, you're going to be working on this for 10 years.
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In the beginning of a company, there is no management and this actually works really well.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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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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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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So you should always stay on top of people's vesting schedules.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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Unpopular but right is what you're going for.
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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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