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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Calm
Tough
Team
Relentlessly
Resourceful
Addition
More quotes by Sam Altman
For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
Sam Altman
You should be able to describe any employee as an animal at what they do.
Sam Altman
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.
Sam Altman
The way to have a company that executes well is you have to execute well yourself.
Sam Altman
... 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
One thing I tell startups all the time is that the best way to grow is to make their product better.
Sam Altman
In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
Sam Altman
One of the great and terrible things about starting a start up is that you get no credit for trying.
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
Remember that the idea will expand, and become more ambitious as you go.
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
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
You can basically change everything in a startup but the market.
Sam Altman
The cost of getting an early hire wrong is really high.
Sam Altman
... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
Sam Altman
Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
Sam Altman
In the beginning of a company, there is no management and this actually works really well.
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.
Sam Altman
... 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.
Sam Altman
Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
Sam Altman