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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
Growing
Hardware
Keep
Slip
Slips
Translate
Ship
Date
Software
Ships
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More quotes by Sam Altman
A board member of mine used to say sales fix everything in a startup, and that is really true.
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It really is true that you become an average of the people you spend the most time with.
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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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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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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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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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One thing that founders forget is that after they hire employees, they have to retain them.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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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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Growth solves (nearly) all problems
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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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No matter what you choose, build stuff and be around smart people.
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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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 that often disrupts momentum and really shouldn't is competitors.
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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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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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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