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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
Opportunity
Bigs
May
Wells
Well
Matter
Hard

More quotes by Sam Altman

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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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If it works out, you're going to be working on this for 10 years.
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One thing that founders always underestimate is how hard it is to recruit.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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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 most important thing is that there is clear reporting structure and everyone knows what it is.
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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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The cost of getting an early hire wrong is really high.
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If you want something in a deal, just ask for it.
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You can basically change everything in a startup but the market.
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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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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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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Unfortunately the trick to great execution is to say no a lot.
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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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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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Most founders have not managed people before, and they certainly haven't managed managers.
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