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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
Vision
Company
Winning
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Momentum
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More quotes by Sam Altman
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
Sam Altman
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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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You have to be decisive. Indecisiveness is a startup killer.
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The way to have a company that executes well is you have to execute well yourself.
Sam Altman
Press releases are easier to write than code, and that is still easier than making a great product.
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.
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.
Sam Altman
You want to sound crazy, but you want to actually be right.
Sam Altman
Losing focus is another way that founders get off track.
Sam Altman
Move fast. Speed is one of your main advantages over large companies.
Sam Altman
Be suspicious of any work that is not building product or getting customers.
Sam Altman
So always keep momentum, it's this prime directive for managing a startup.
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
Developing a personal connection with anyone you're trying to do a big deal with is really important.
Sam Altman
So you should always stay on top of people's vesting schedules.
Sam Altman
The biggest PR hack you can do, is not hire a PR firm.
Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
Sam Altman