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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
Tough
Team
Relentlessly
Resourceful
Addition
Calm
More quotes by Sam Altman
In YC's case, the number one cause of early death for startups is cofounder blowups.
Sam Altman
... you want to be proud of how much you can get done with a small numbers of employees.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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Cofounder relationships are among the most important in the entire company.
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Press releases are easier to write than code, and that is still easier than making a great product.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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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.
Sam Altman
One thing that often disrupts momentum and really shouldn't is competitors.
Sam Altman
One thing that founders forget is that after they hire employees, they have to retain them.
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
A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
The cost of getting an early hire wrong is really high.
Sam Altman
Developing a personal connection with anyone you're trying to do a big deal with is really important.
Sam Altman
Move fast. Speed is one of your main advantages over large companies.
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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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You need this sort of a tailwind to make a startup successful.
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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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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.
Sam Altman
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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Losing focus is another way that founders get off track.
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