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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
Focus
Besides
Work
Fairly
Intensity
Intense
Piece
Level
Pieces
Levels
Execution
More quotes by Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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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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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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Employees will only add more value over time.
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The track record for founders that don't already know each other is really bad.
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Most founders have not managed people before, and they certainly haven't managed managers.
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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.
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You need this sort of a tailwind to make a startup successful.
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So always keep momentum, it's this prime directive for managing a startup.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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If it works out, you're going to be working on this for 10 years.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Unfortunately the trick to great execution is to say no a lot.
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The thing that kills startups at some level, is the founders giving up.
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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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Remember that the idea will expand, and become more ambitious as you go.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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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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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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