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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Means
Mean
Long
Outsource
Years
Founder
Signing
Grind
Founders
Execution
More quotes by Sam Altman
As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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No matter what you choose, build stuff and be around smart people.
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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.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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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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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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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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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.
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You certainly don't need to have everything figured out in the path from here to world domination.
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The cost of getting an early hire wrong is really high.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Unpopular but right is what you're going for.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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Great execution towards a terrible idea will get you nowhere.
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In the beginning of a company, there is no management and this actually works really well.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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