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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
Products
Quality
Obsess
Product

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The startups that do well are the ones that are working all the time.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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One thing that founders forget is that after they hire employees, they have to retain them.
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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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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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You have to be decisive. Indecisiveness is a startup killer.
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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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So you should always stay on top of people's vesting schedules.
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If you compromise and hire someone mediocre you will always regret it.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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Every company has a rocky beginning.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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Growth solves (nearly) all problems
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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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