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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
Idea
Marketing
Ideas
Product
Long
Brilliant
Good
Save
Products
Hack
Growth
Hacks
Team
Sufficiently
Term
Sales
More quotes by Sam Altman
You really want to know your cofounders for a while, ideally years.
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So you should always stay on top of people's vesting schedules.
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The startups that do well are the ones that are working all the time.
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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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You need to figure out what the 2 or 3 most important things are, and then just do those.
Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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Great execution towards a terrible idea will get you nowhere.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
Sam Altman
The single word that matters most I think to keep the company productive as it grows is alignment.
Sam Altman
You want to sound crazy, but you want to actually be right.
Sam Altman
The cost of getting an early hire wrong is really high.
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Growth solves (nearly) all problems
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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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One thing that often disrupts momentum and really shouldn't is competitors.
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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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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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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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Be suspicious of any work that is not building product or getting customers.
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Unpopular but right is what you're going for.
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