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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
Important
Relationships
Entire
Among
Team
Company
More quotes by Sam Altman
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.
Sam Altman
You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
Sam Altman
Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Most things are not as risky as they seem.
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Remember that the idea will expand, and become more ambitious as you go.
Sam Altman
So always keep momentum, it's this prime directive for managing a startup.
Sam Altman
You also want to fire people who a) create office politics, and b) who are persistently negative.
Sam Altman
You have to be decisive. Indecisiveness is a startup killer.
Sam Altman
So it's worth some real up front time to think through the long term value and the defensibility of the business.
Sam Altman
The way to have a company that executes well is you have to execute well yourself.
Sam Altman
Move fast. Speed is one of your main advantages over large companies.
Sam Altman
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.
Sam Altman
If you want something in a deal, just ask for it.
Sam Altman
A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
Sam Altman
You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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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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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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