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The startups that do well are the ones that are working all the time.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Wells
Well
Time
Ones
Working
More quotes by Sam Altman
For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
Sam Altman
Or a way to stay on strangers couches, that just sounds terrible all around.
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Employees will only add more value over time.
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Every company has a rocky beginning.
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Cofounder relationships are among the most important in the entire company.
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So you should always stay on top of people's vesting schedules.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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You really want to know your cofounders for a while, ideally years.
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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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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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You have to be decisive. Indecisiveness is a startup killer.
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... you want to be proud of how much you can get done with a small numbers of employees.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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Growth solves (nearly) all problems
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The second part of how to hire: try not to.
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One thing that founders forget is that after they hire employees, they have to retain them.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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