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Every company has a rocky beginning.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Rocky
Beginning
Company
Every

More quotes by Sam Altman

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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
Sam Altman
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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.
Sam Altman
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You need to figure out what the 2 or 3 most important things are, and then just do those.
Sam Altman
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You cannot create a market that doesn't want to exist.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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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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In general though, if you look at the track record of pivots, they don't become big companies.
Sam Altman
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
Sam Altman
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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.
Sam Altman
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
Sam Altman
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A single mediocre hire in the first five will often in fact kill a startup.
Sam Altman
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Losing focus is another way that founders get off track.
Sam Altman
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
Sam Altman
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
Sam Altman
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
Sam Altman
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
Sam Altman
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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.
Sam Altman
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You really want to know your cofounders for a while, ideally years.
Sam Altman
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Most things are not as risky as they seem.
Sam Altman