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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
AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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.
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Employees will only add more value over time.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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The second part of how to hire: try not to.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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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.
Sam Altman
I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
Sam Altman
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.
Sam Altman
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.
Sam Altman
In addition to relentlessly resourceful, you want a tough and a calm cofounder.
Sam Altman
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
Sam Altman
You also want to fire people who a) create office politics, and b) who are persistently negative.
Sam Altman
What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
Sam Altman
You really want to know your cofounders for a while, ideally years.
Sam Altman
The company just needs to see you as like this maniacal execution machine.
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.
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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.
Sam Altman
You should be able to describe any employee as an animal at what they do.
Sam Altman