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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Date
Software
Ships
Translates
Growing
Hardware
Keep
Slip
Slips
Translate
Ship
More quotes by Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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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 need to figure out what the 2 or 3 most important things are, and then just do those.
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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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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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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One thing that often disrupts momentum and really shouldn't is competitors.
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The way to have a company that executes well is you have to execute well yourself.
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Press releases are easier to write than code, and that is still easier than making a great product.
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Be suspicious of any work that is not building product or getting customers.
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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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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Founders need to figure out what the message of the company is going to be.
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The cost of getting an early hire wrong is really high.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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Losing focus is another way that founders get off track.
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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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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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