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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
Things
Focussed
Nearly
Maybe
Enough
Right
Hard
Work
More quotes by Sam Altman
You think you have this great idea that everyone's going to come join, but that's not how it works.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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Every company has a rocky beginning.
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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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... 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 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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One thing that founders forget is that after they hire employees, they have to retain them.
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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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You need to figure out what the 2 or 3 most important things are, and then just do those.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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Remember that the idea will expand, and become more ambitious as you go.
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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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Cofounder relationships are among the most important in the entire company.
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Losing focus is another way that founders get off track.
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A single mediocre hire in the first five will often in fact kill a startup.
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You cannot create a market that doesn't want to exist.
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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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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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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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