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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.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Start
Operating
Advantages
Relentless
Execution
Rhythm
Speed
Biggest
Advantage

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Every company has a rocky beginning.
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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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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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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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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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It really is true that you become an average of the people you spend the most time with.
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Unfortunately the trick to great execution is to say no a lot.
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If it works out, you're going to be working on this for 10 years.
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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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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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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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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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You should be able to describe any employee as an animal at what they do.
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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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Great execution towards a terrible idea will get you nowhere.
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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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The cost of getting an early hire wrong is really high.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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