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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Speeches
Momentum
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Vision
Company
Winning
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More quotes by Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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
Press releases are easier to write than code, and that is still easier than making a great product.
Sam Altman
When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
Sam Altman
Growth solves (nearly) all problems
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The cost of getting an early hire wrong is really high.
Sam Altman
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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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
Sam Altman
The best people know that they should join a rocketship.
Sam Altman
In YC's case, the number one cause of early death for startups is cofounder blowups.
Sam Altman
For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
Sam Altman
You cannot create a market that doesn't want to exist.
Sam Altman
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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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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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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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
Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
Sam Altman
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 growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
Sam Altman
Employees will only add more value over time.
Sam Altman