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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
Large
Advantage
Move
Company
Advantages
Moving
Companies
Main
Speed
Fast

More quotes by Sam Altman

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The startups that do well are the ones that are working all the time.
Sam Altman
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
Sam Altman
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You also want to fire people who a) create office politics, and b) who are persistently negative.
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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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If you compromise and hire someone mediocre you will always regret it.
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At the beginning, you should only hire when you have a desperate need to.
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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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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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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.
Sam Altman
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The biggest PR hack you can do, is not hire a PR firm.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
Sam Altman
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Another way of looking at this, is that the best companies are almost always mission oriented.
Sam Altman
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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
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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.
Sam Altman
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One thing that often disrupts momentum and really shouldn't is competitors.
Sam Altman
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
Sam Altman
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So you should always stay on top of people's vesting schedules.
Sam Altman
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Cofounder relationships are among the most important in the entire company.
Sam Altman
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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.
Sam Altman
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... for the top twenty most valuable YC companies, all of them have at least two founders.
Sam Altman