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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
Ones
Working
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Well
Time
More quotes by Sam Altman
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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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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In the beginning of a company, there is no management and this actually works really well.
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Most founders have not managed people before, and they certainly haven't managed managers.
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So always keep momentum, it's this prime directive for managing a startup.
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One thing that founders forget is that after they hire employees, they have to retain them.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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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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Press releases are easier to write than code, and that is still easier than making a great product.
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Most of the best hires that I've made in my entire life have never done that thing before.
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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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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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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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If you want something in a deal, just ask for it.
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The way to have a company that executes well is you have to execute well yourself.
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The cost of getting an early hire wrong is really high.
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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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You should be able to describe any employee as an animal at what they do.
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