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Unfortunately the trick to great execution is to say no a lot.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Execution
Trick
Unfortunately
Tricks
Great
More quotes by Sam Altman
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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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 way to have a company that executes well is you have to execute well yourself.
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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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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Founders need to figure out what the message of the company is going to be.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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The track record for founders that don't already know each other is really bad.
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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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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 cannot create a market that doesn't want to exist.
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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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Unpopular but right is what you're going for.
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Employees will only add more value over time.
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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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Or a way to stay on strangers couches, that just sounds terrible all around.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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