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So always keep momentum, it's this prime directive for managing 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
Keep
Always
Directive
Managing
Momentum
Prime
More quotes by Sam Altman
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.
Sam Altman
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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The thing that kills startups at some level, is the founders giving up.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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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.
Sam Altman
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
Founders need to figure out what the message of the company is going to be.
Sam Altman
Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
Sam Altman
The single word that matters most I think to keep the company productive as it grows is alignment.
Sam Altman
No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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 have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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Move fast. Speed is one of your main advantages over large companies.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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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.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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