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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
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More quotes by Sam Altman
Most founders have not managed people before, and they certainly haven't managed managers.
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You don't get to make their decisions but you do get to choose the decision makers.
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Most of the best hires that I've made in my entire life have never done that thing before.
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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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Unpopular but right is what you're going for.
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Cofounder relationships are among the most important in the entire company.
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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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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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Employees will only add more value over time.
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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You need this sort of a tailwind to make a startup successful.
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The biggest PR hack you can do, is not hire a PR firm.
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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You really want to know your cofounders for a while, ideally years.
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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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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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