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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Sucks
Employees
Employee
Proud
Team
Actually
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Unpopular but right is what you're going for.
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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The cost of getting an early hire wrong is really high.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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You need unstoppable people. You want people that are just going to get it done.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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Move fast. Speed is one of your main advantages over large companies.
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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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The thing that kills startups at some level, is the founders giving up.
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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.
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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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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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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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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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One thing that founders always underestimate is how hard it is to recruit.
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The company just needs to see you as like this maniacal execution machine.
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Great execution towards a terrible idea will get you nowhere.
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