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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
Meetings
Week
Every
Always
Metrics
Weekly
Review
Reviews
Meeting
More quotes by Sam Altman
Great execution towards a terrible idea will get you nowhere.
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You cannot create a market that doesn't want to exist.
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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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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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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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One thing I tell startups all the time is that the best way to grow is to make their product better.
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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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Or a way to stay on strangers couches, that just sounds terrible all around.
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One thing that often disrupts momentum and really shouldn't is competitors.
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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 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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Employees will only add more value over time.
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The biggest PR hack you can do, is not hire a PR firm.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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Cofounder relationships are among the most important in the entire company.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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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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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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