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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Find
Founders
Make
Ninety
Seven
Conscious
Hundred
Saying
Effort
Times
More quotes by Sam Altman
The best people know that they should join a rocketship.
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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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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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The startups that do well are the ones that are working all the time.
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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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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.
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If you compromise and hire someone mediocre you will always regret it.
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In general, it's best if you're building something that you yourself need.
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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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You need unstoppable people. You want people that are just going to get it done.
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At the beginning, you should only hire when you have a desperate need to.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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If you compromise in the first five, ten hires it might kill the company.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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Most things are not as risky as they seem.
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