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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Week
Every
Always
Metrics
Weekly
Review
Reviews
Meeting
Meetings

More quotes by Sam Altman

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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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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.
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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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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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At the beginning, you should only hire when you have a desperate need to.
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You should be able to describe any employee as an animal at what they do.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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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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... 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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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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The best people know that they should join a rocketship.
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The cost of getting an early hire wrong is really high.
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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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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
Sam Altman
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So you should always stay on top of people's vesting schedules.
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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.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
Sam Altman
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Most of the best hires that I've made in my entire life have never done that thing before.
Sam Altman
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Another way of looking at this, is that the best companies are almost always mission oriented.
Sam Altman