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One thing that often disrupts momentum and really shouldn't is competitors.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Momentum
Competitors
Shouldn
Often
Thing
Really
Disrupts
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The company just needs to see you as like this maniacal execution machine.
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The way to have a company that executes well is you have to execute well yourself.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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The cost of getting an early hire wrong is really high.
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If it works out, you're going to be working on this for 10 years.
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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.
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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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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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In the beginning of a company, there is no management and this actually works really well.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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