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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Company
Goal
Whatever
Care
Founder
Whole
Founders
Going
Cares
Think
Goals
Thinking
Keys
More quotes by Sam Altman
At the beginning, you should only hire when you have a desperate need to.
Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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You can basically change everything in a startup but the market.
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If you want something in a deal, just ask for it.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
Sam Altman
One thing that founders forget is that after they hire employees, they have to retain them.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
In YC's case, the number one cause of early death for startups is cofounder blowups.
Sam Altman
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.
Sam Altman
The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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Unpopular but right is what you're going for.
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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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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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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 growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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