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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Lives
Always
Momentum
Maintaining
Growth
Focus
More quotes by Sam Altman
Before product/market fit, your only job that matters is to build a great product.
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Great execution towards a terrible idea will get you nowhere.
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A single mediocre hire in the first five will often in fact kill a startup.
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So always keep momentum, it's this prime directive for managing a startup.
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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'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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One thing that often disrupts momentum and really shouldn't is competitors.
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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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Be suspicious of any work that is not building product or getting customers.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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You certainly don't need to have everything figured out in the path from here to world domination.
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Press releases are easier to write than code, and that is still easier than making a great product.
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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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In the beginning of a company, there is no management and this actually works really well.
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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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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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No matter what you choose, build stuff and be around smart people.
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You don't get to make their decisions but you do get to choose the decision makers.
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If you want something in a deal, just ask for it.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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