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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
Anything
Ideas
Wells
Well
Executing
Creates
Value
Worth
Values
More quotes by Sam Altman
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.
Sam Altman
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
Sam Altman
You can basically change everything in a startup but the market.
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.
Sam Altman
... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
Sam Altman
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.
Sam Altman
Most of the best hires that I've made in my entire life have never done that thing before.
Sam Altman
So you should always stay on top of people's vesting schedules.
Sam Altman
Or a way to stay on strangers couches, that just sounds terrible all around.
Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
Sam Altman
1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
Sam Altman
Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
Sam Altman
... how much time you should be spending on hiring? The answer is 0 or 25 percent.
Sam Altman
No matter what you choose, build stuff and be around smart people.
Sam Altman
You need conviction in your own beliefs, and the willingness to ignore others naysaying.
Sam Altman
Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
Sam Altman
When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
Sam Altman
Before product/market fit, your only job that matters is to build a great product.
Sam Altman