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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
Competitors
Shouldn
Often
Thing
Really
Disrupts
Momentum
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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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The track record for founders that don't already know each other is really bad.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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Great execution towards a terrible idea will get you nowhere.
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In general though, if you look at the track record of pivots, they don't become big companies.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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The thing that kills startups at some level, is the founders giving up.
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Most things are not as risky as they seem.
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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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The startups that do well are the ones that are working all the time.
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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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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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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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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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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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