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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
Speed
Biggest
Advantage
Start
Operating
Advantages
Relentless
Execution
Rhythm
More quotes by Sam Altman
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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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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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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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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The track record for founders that don't already know each other is really bad.
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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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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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If you compromise and hire someone mediocre you will always regret it.
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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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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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Founders need to figure out what the message of the company is going to be.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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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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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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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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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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So you should always stay on top of people's vesting schedules.
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At the beginning, you should only hire when you have a desperate need to.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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