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No matter what you choose, build stuff and be around smart people.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
People
Build
Smart
Choose
Stuff
Around
Matter
More quotes by Sam Altman
When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
Sam Altman
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
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.
Sam Altman
You should be able to describe any employee as an animal at what they do.
Sam Altman
Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
Sam Altman
You don't get to make their decisions but you do get to choose the decision makers.
Sam Altman
Unfortunately the trick to great execution is to say no a lot.
Sam Altman
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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.
Sam Altman
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
Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
Growth solves (nearly) all problems
Sam Altman
The most important thing is that there is clear reporting structure and everyone knows what it is.
Sam Altman
... how much time you should be spending on hiring? The answer is 0 or 25 percent.
Sam Altman
I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
Press releases are easier to write than code, and that is still easier than making a great product.
Sam Altman