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Obsess about the quality of the product.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Obsess
Product
Products
Quality
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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You have to be decisive. Indecisiveness is a startup killer.
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Remember that the idea will expand, and become more ambitious as you go.
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A single mediocre hire in the first five will often in fact kill a startup.
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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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The way to have a company that executes well is you have to execute well yourself.
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Employees will only add more value over time.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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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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Or a way to stay on strangers couches, that just sounds terrible all around.
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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.
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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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Founders need to figure out what the message of the company is going to be.
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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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The cost of getting an early hire wrong is really high.
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