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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
Company
Advantages
Moving
Companies
Main
Speed
Fast
Large
Advantage
Move
More quotes by Sam Altman
You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
Sam Altman
You need to figure out what the 2 or 3 most important things are, and then just do those.
Sam Altman
A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
Sam Altman
One thing I tell startups all the time is that the best way to grow is to make their product better.
Sam Altman
... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
Sam Altman
You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
Sam Altman
Remember that the idea will expand, and become more ambitious as you go.
Sam Altman
The startups that do well are the ones that are working all the time.
Sam Altman
So it's worth some real up front time to think through the long term value and the defensibility of the business.
Sam Altman
Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
Sam Altman
If you compromise in the first five, ten hires it might kill the company.
Sam Altman
Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
The biggest PR hack you can do, is not hire a PR firm.
Sam Altman
... how much time you should be spending on hiring? The answer is 0 or 25 percent.
Sam Altman
... 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.
Sam Altman
Every company has a rocky beginning.
Sam Altman
Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
Sam Altman
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
You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
Sam Altman