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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
Execution
Rhythm
Speed
Biggest
Advantage
Start
Operating
Advantages
Relentless
More quotes by Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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You can basically change everything in a startup but the market.
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The way to have a company that executes well is you have to execute well yourself.
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If it works out, you're going to be working on this for 10 years.
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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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Remember that the idea will expand, and become more ambitious as you go.
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The company just needs to see you as like this maniacal execution machine.
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Unpopular but right is what you're going for.
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You have to be decisive. Indecisiveness is a startup killer.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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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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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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At the beginning, you should only hire when you have a desperate need to.
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