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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Moving
Easy
Trick
Tricks
Obsessed
Fast
Move
Quality
More quotes by Sam Altman
At the beginning, you should only hire when you have a desperate need to.
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You really want to know your cofounders for a while, ideally years.
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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 someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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Cofounder relationships are among the most important in the entire company.
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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 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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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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Be suspicious of any work that is not building product or getting customers.
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The company just needs to see you as like this maniacal execution machine.
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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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You have to be decisive. Indecisiveness is a startup killer.
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You need unstoppable people. You want people that are just going to get it done.
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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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Losing focus is another way that founders get off track.
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The cost of getting an early hire wrong is really high.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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You need this sort of a tailwind to make a startup successful.
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If you compromise and hire someone mediocre you will always regret it.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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