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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
Second
Team
Part
Trying
Hire
More quotes by Sam Altman
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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Unfortunately the trick to great execution is to say no a lot.
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Remember that the idea will expand, and become more ambitious as you go.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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The way to have a company that executes well is you have to execute well yourself.
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Employees will only add more value over time.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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So you should always stay on top of people's vesting schedules.
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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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So always keep momentum, it's this prime directive for managing a startup.
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Obsess about the quality of the product.
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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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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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If you want something in a deal, just ask for it.
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Most things are not as risky as they seem.
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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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Great execution towards a terrible idea will get you nowhere.
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