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The second part of how to hire: try not to.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Hire
Second
Team
Part
Trying
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One thing that often disrupts momentum and really shouldn't is competitors.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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You have to be decisive. Indecisiveness is a startup killer.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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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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Unpopular but right is what you're going for.
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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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In general, it's best if you're building something that you yourself need.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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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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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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No matter what you choose, build stuff and be around smart people.
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It really is true that you become an average of the people you spend the most time with.
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