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Cofounder relationships are among the most important in the entire company.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Relationships
Entire
Among
Team
Company
Important

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One thing that founders always underestimate is how hard it is to recruit.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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The thing that kills startups at some level, is the founders giving up.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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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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No matter what you choose, build stuff and be around smart people.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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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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The most important thing is that there is clear reporting structure and everyone knows what it is.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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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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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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One thing that often disrupts momentum and really shouldn't is competitors.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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