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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
Product
Products
Quality
Obsess

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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Cofounder relationships are among the most important in the entire company.
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Losing focus is another way that founders get off track.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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If you want something in a deal, just ask for it.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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Move fast. Speed is one of your main advantages over large companies.
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Unfortunately the trick to great execution is to say no a lot.
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Employees will only add more value over time.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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Great execution towards a terrible idea will get you nowhere.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Most things are not as risky as they seem.
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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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In the beginning of a company, there is no management and this actually works really well.
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You have to be decisive. Indecisiveness is a startup killer.
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