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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
Creates
Value
Worth
Values
Anything
Ideas
Wells
Well
Executing

More quotes by Sam Altman

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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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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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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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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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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Great execution towards a terrible idea will get you nowhere.
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The second part of how to hire: try not to.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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You can basically change everything in a startup but the market.
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Most of the best hires that I've made in my entire life have never done that thing before.
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Press releases are easier to write than code, and that is still easier than making a great product.
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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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In the beginning of a company, there is no management and this actually works really well.
Sam Altman
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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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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One thing I tell startups all the time is that the best way to grow is to make their product better.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
Sam Altman
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Unfortunately the trick to great execution is to say no a lot.
Sam Altman