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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Working
Everyone
Enough
Breakdown
Different
Loose
Things
Slightly
Communication
Focus
Small
More quotes by Sam Altman
Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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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You need unstoppable people. You want people that are just going to get it done.
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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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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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Losing focus is another way that founders get off track.
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... you want to be proud of how much you can get done with a small numbers of employees.
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If you compromise in the first five, ten hires it might kill the company.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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Move fast. Speed is one of your main advantages over large companies.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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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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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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A single mediocre hire in the first five will often in fact kill a startup.
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You should be able to describe any employee as an animal at what they do.
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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.
Sam Altman
