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Move fast. Speed is one of your main advantages over large companies.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Move
Company
Advantages
Moving
Companies
Main
Speed
Fast
Large
Advantage
More quotes by Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
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Growth solves (nearly) all problems
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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At the beginning, you should only hire when you have a desperate need to.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
Sam Altman
Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
If it works out, you're going to be working on this for 10 years.
Sam Altman
In the beginning of a company, there is no management and this actually works really well.
Sam Altman
Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
Sam Altman
Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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
Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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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 way to have a company that executes well is you have to execute well yourself.
Sam Altman
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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Every company has a rocky beginning.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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