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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
Easy
Trick
Tricks
Obsessed
Fast
Move
Quality
Moving
More quotes by Sam Altman
You think you have this great idea that everyone's going to come join, but that's not how it works.
Sam Altman
If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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The way to have a company that executes well is you have to execute well yourself.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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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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Be suspicious of any work that is not building product or getting customers.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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... you want to be proud of how much you can get done with a small numbers of employees.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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You have to be decisive. Indecisiveness is a startup killer.
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Employees will only add more value over time.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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In the beginning of a company, there is no management and this actually works really well.
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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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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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You certainly don't need to have everything figured out in the path from here to world domination.
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No matter what you choose, build stuff and be around smart people.
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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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