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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Quite
Decision
Talking
Make
Founders
Never
Mediocre
Time
Grand
Spend
Plans
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At the beginning, you should only hire when you have a desperate need to.
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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 growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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You really want to know your cofounders for a while, ideally years.
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If it works out, you're going to be working on this for 10 years.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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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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One thing I tell startups all the time is that the best way to grow is to make their product better.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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The cost of getting an early hire wrong is really high.
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