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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Nearly
Maybe
Enough
Right
Hard
Work
Things
Focussed
More quotes by Sam Altman
Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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A board member of mine used to say sales fix everything in a startup, and that is really true.
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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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If it works out, you're going to be working on this for 10 years.
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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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One thing that often disrupts momentum and really shouldn't is competitors.
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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.
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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.
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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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It really is true that you become an average of the people you spend the most time with.
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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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If you want something in a deal, just ask for it.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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A single mediocre hire in the first five will often in fact kill a startup.
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The thing that kills startups at some level, is the founders giving up.
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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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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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You don't get to make their decisions but you do get to choose the decision makers.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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