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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
Fast
Move
Quality
Moving
Easy
Trick
Tricks
Obsessed
More quotes by Sam Altman
The thing that kills startups at some level, is the founders giving up.
Sam Altman
You cannot create a market that doesn't want to exist.
Sam Altman
You have to be decisive. Indecisiveness is a startup killer.
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Most founders have not managed people before, and they certainly haven't managed managers.
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At the beginning, you should only hire when you have a desperate need to.
Sam Altman
The second part of how to hire: try not to.
Sam Altman
1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
Sam Altman
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.
Sam Altman
Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
Sam Altman
... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
Sam Altman
You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
Sam Altman
... you want to be proud of how much you can get done with a small numbers of employees.
Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
Sam Altman
A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
The startups that do well are the ones that are working all the time.
Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
One thing I tell startups all the time is that the best way to grow is to make their product better.
Sam Altman
Ideas by themselves are not worth anything, only executing well is what creates value.
Sam Altman