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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

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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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Most things are not as risky as they seem.
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Remember that the idea will expand, and become more ambitious as you go.
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Cofounder relationships are among the most important in the entire company.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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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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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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Move fast. Speed is one of your main advantages over large companies.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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The best people know that they should join a rocketship.
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Every company has a rocky beginning.
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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 need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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A single mediocre hire in the first five will often in fact kill a startup.
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One thing that founders always underestimate is how hard it is to recruit.
Sam Altman