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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Piece
Level
Pieces
Execution
Levels
Besides
Focus
Fairly
Work
Intensity
Intense
More quotes by Sam Altman
No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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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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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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Another way of looking at this, is that the best companies are almost always mission oriented.
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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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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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In general, it's best if you're building something that you yourself need.
Sam Altman
If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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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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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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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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If you compromise in the first five, ten hires it might kill the company.
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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 can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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Obsess about the quality of the product.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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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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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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