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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Team
Successful
Company
Talk
Best
Done
Things
Predictor
Gotten
More quotes by Sam Altman
Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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A single mediocre hire in the first five will often in fact kill a startup.
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Great execution towards a terrible idea will get you nowhere.
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Move fast. Speed is one of your main advantages over large companies.
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You also want to fire people who a) create office politics, and b) who are persistently negative.
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The startups that do well are the ones that are working all the time.
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Unfortunately the trick to great execution is to say no a lot.
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At the beginning, you should only hire when you have a desperate need to.
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One thing that founders always underestimate is how hard it is to recruit.
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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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The company just needs to see you as like this maniacal execution machine.
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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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The best people know that they should join a rocketship.
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The biggest PR hack you can do, is not hire a PR firm.
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So always keep momentum, it's this prime directive for managing a startup.
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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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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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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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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