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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
Good
Overarching
Time
Founders
Goals
Small
Everybody
Company
Goal
Given
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A single mediocre hire in the first five will often in fact kill a startup.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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If you compromise in the first five, ten hires it might kill the company.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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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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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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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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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.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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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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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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No matter what you choose, build stuff and be around smart people.
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You should be able to describe any employee as an animal at what they do.
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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.
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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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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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