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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
Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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
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
One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
Sam Altman
No matter what you choose, build stuff and be around smart people.
Sam Altman
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
... for the top twenty most valuable YC companies, all of them have at least two founders.
Sam Altman
Unfortunately the trick to great execution is to say no a lot.
Sam Altman
The track record for founders that don't already know each other is really bad.
Sam Altman
Or a way to stay on strangers couches, that just sounds terrible all around.
Sam Altman
You really want to know your cofounders for a while, ideally years.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
Sam Altman
You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
Sam Altman
If it works out, you're going to be working on this for 10 years.
Sam Altman
You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
Sam Altman
So it's worth some real up front time to think through the long term value and the defensibility of the business.
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
The startups that do well are the ones that are working all the time.
Sam Altman