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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Getting
Rewrite
Easy
Sucked
Death
Suspicious
Work
Infrastructure
Customers
Product
Products
Spiral
Building
Spirals
More quotes by Sam Altman
Before product/market fit, your only job that matters is to build a great product.
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If you compromise and hire someone mediocre you will always regret 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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One thing that founders forget is that after they hire employees, they have to retain them.
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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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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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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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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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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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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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The best people know that they should join a rocketship.
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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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... 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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Unpopular but right is what you're going for.
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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The biggest PR hack you can do, is not hire a PR firm.
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It really is true that you become an average of the people you spend the most time with.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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