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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

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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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Remember that the idea will expand, and become more ambitious as you go.
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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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No matter what you choose, build stuff and be around smart people.
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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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You cannot create a market that doesn't want to exist.
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So always keep momentum, it's this prime directive for managing a startup.
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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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... 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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