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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Goal
Given
Good
Overarching
Time
Founders
Goals
Small
Everybody
Company
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So always keep momentum, it's this prime directive for managing a startup.
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You can basically change everything in a startup but the market.
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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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The most important thing is that there is clear reporting structure and everyone knows what it is.
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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 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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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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Before product/market fit, your only job that matters is to build a great product.
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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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Every company has a rocky beginning.
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