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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Fully
Kill
Baby
Bits
Worst
Hard
Pivot
Thing
Babies
Trying
Conviction
More quotes by Sam Altman
One of the great and terrible things about starting a start up is that you get no credit for trying.
Sam Altman
You also want to fire people who a) create office politics, and b) who are persistently negative.
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If it works out, you're going to be working on this for 10 years.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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... 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.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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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.
Sam Altman
AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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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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Most things are not as risky as they seem.
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You want to sound crazy, but you want to actually be right.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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Employees will only add more value over time.
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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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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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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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