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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
Values
Anything
Ideas
Wells
Well
Executing
Creates
Value
Worth

More quotes by Sam Altman

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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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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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You think you have this great idea that everyone's going to come join, but that's not how it works.
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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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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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Most things are not as risky as they seem.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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If you want something in a deal, just ask for it.
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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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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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One thing that founders always underestimate is how hard it is to recruit.
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You really want to know your cofounders for a while, ideally years.
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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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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Losing focus is another way that founders get off track.
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You can basically change everything in a startup but the market.
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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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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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Founders need to figure out what the message of the company is going to be.
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