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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
Long
Outsource
Years
Founder
Signing
Grind
Founders
Execution
Means
Mean
More quotes by Sam Altman
Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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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.
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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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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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The startups that do well are the ones that are working all the time.
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No matter what you choose, build stuff and be around smart people.
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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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The cost of getting an early hire wrong is really high.
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Before product/market fit, your only job that matters is to build a great product.
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If it works out, you're going to be working on this for 10 years.
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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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.
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The biggest PR hack you can do, is not hire a PR firm.
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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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Obsess about the quality of the product.
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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.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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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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Great execution towards a terrible idea will get you nowhere.
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