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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
Fast
Large
Advantage
Move
Company
Advantages
Moving
Companies
Main
Speed

More quotes by Sam Altman

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... 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.
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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
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The thing that kills startups at some level, is the founders giving up.
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Press releases are easier to write than code, and that is still easier than making a great product.
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In general, it's best if you're building something that you yourself need.
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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Great execution towards a terrible idea will get you nowhere.
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You need this sort of a tailwind to make a startup successful.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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You want to sound crazy, but you want to actually be right.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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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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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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You have to be decisive. Indecisiveness is a startup killer.
Sam Altman
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Most of the best hires that I've made in my entire life have never done that thing before.
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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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You really want to know your cofounders for a while, ideally years.
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You should be able to describe any employee as an animal at what they do.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
Sam Altman