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A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Member
Mines
Mine
Members
True
Used
Sales
Everything
Board
Really
Boards
More quotes by Sam Altman
Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
Sam Altman
You think you have this great idea that everyone's going to come join, but that's not how it works.
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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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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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The best people know that they should join a rocketship.
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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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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
Sam Altman
The track record for founders that don't already know each other is really bad.
Sam Altman
Cofounder relationships are among the most important in the entire company.
Sam Altman
I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
Sam Altman
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.
Sam Altman
Before product/market fit, your only job that matters is to build a great product.
Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
Sam Altman
Most of the best hires that I've made in my entire life have never done that thing before.
Sam Altman
You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
Developing a personal connection with anyone you're trying to do a big deal with is really important.
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
Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
Sam Altman
If you compromise in the first five, ten hires it might kill the company.
Sam Altman