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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
Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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You need this sort of a tailwind to make a startup successful.
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You certainly don't need to have everything figured out in the path from here to world domination.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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The thing that kills startups at some level, is the founders giving up.
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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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The cost of getting an early hire wrong is really high.
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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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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.
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The startups that do well are the ones that are working all the time.
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One thing that often disrupts momentum and really shouldn't is competitors.
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The company just needs to see you as like this maniacal execution machine.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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You have to be decisive. Indecisiveness is a startup killer.
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You want to sound crazy, but you want to actually be right.
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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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... you want to be proud of how much you can get done with a small numbers of employees.
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