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Ideas by themselves are not worth anything, only executing well is what creates value.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Well
Executing
Creates
Value
Worth
Values
Anything
Ideas
Wells

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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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No matter what you choose, build stuff and be around smart people.
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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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Losing focus is another way that founders get off track.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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Every company has a rocky beginning.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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So you should always stay on top of people's vesting schedules.
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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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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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Move fast. Speed is one of your main advantages over large companies.
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One thing that founders forget is that after they hire employees, they have to retain them.
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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.
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