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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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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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The biggest PR hack you can do, is not hire a PR firm.
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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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Or a way to stay on strangers couches, that just sounds terrible all around.
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If you compromise in the first five, ten hires it might kill the company.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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Every company has a rocky beginning.
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Most founders have not managed people before, and they certainly haven't managed managers.
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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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If it works out, you're going to be working on this for 10 years.
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A single mediocre hire in the first five will often in fact kill a startup.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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In the beginning of a company, there is no management and this actually works really well.
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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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If you compromise and hire someone mediocre you will always regret it.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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In general though, if you look at the track record of pivots, they don't become big companies.
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