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One of the great and terrible things about starting a start up is that you get no credit for trying.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Start
Great
Trying
Things
Credit
Starting
Terrible
More quotes by Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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Most things are not as risky as they seem.
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Founders need to figure out what the message of the company is going to be.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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 best people know that they should join a rocketship.
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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.
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Most founders have not managed people before, and they certainly haven't managed managers.
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You also want to fire people who a) create office politics, and b) who are persistently negative.
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You need this sort of a tailwind to make a startup successful.
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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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Losing focus is another way that founders get off track.
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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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Remember that the idea will expand, and become more ambitious as you go.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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Every company has a rocky beginning.
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Unpopular but right is what you're going for.
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One thing that founders always underestimate is how hard it is to recruit.
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