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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Wells
Lifeblood
Well
Executing
Momentum
Secrets
Growth
Probably
Secret
Three
More quotes by Sam Altman
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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If you want something in a deal, just ask for it.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Unpopular but right is what you're going for.
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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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Remember that the idea will expand, and become more ambitious as you go.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Unfortunately the trick to great execution is to say no a lot.
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The second part of how to hire: try not to.
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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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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Employees will only add more value over time.
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One thing that founders always underestimate is how hard it is to recruit.
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Most founders have not managed people before, and they certainly haven't managed managers.
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Before product/market fit, your only job that matters is to build a great product.
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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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