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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Distracted
Companies
Excited
Mistake
Company
Common
Things
More quotes by Sam Altman
Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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One thing that often disrupts momentum and really shouldn't is competitors.
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You need unstoppable people. You want people that are just going to get it done.
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Great execution towards a terrible idea will get you nowhere.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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If you want something in a deal, just ask for it.
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Unpopular but right is what you're going for.
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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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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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If you compromise and hire someone mediocre you will always regret it.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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You can basically change everything in a startup but the market.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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.
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