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Startups are very hard no matter what you do you may as well go after a big opportunity.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Matter
Hard
Opportunity
Bigs
May
Wells
Well
More quotes by Sam Altman
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.
Sam Altman
Before product/market fit, your only job that matters is to build a great product.
Sam Altman
You need conviction in your own beliefs, and the willingness to ignore others naysaying.
Sam Altman
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
Sam Altman
You can basically change everything in a startup but the market.
Sam Altman
If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
Sam Altman
Move fast. Speed is one of your main advantages over large companies.
Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
Sam Altman
AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
Sam Altman
One thing that founders always underestimate is how hard it is to recruit.
Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
Sam Altman
Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
Sam Altman
Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
Sam Altman
1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
Sam Altman
If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
Sam Altman
Remember that the idea will expand, and become more ambitious as you go.
Sam Altman
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.
Sam Altman