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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
Proud
Team
Actually
Sucks
Employees
Employee

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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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You don't get to make their decisions but you do get to choose the decision makers.
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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At the beginning, you should only hire when you have a desperate need to.
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Unpopular but right is what you're going for.
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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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The track record for founders that don't already know each other is really bad.
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The way to have a company that executes well is you have to execute well yourself.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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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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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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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.
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One thing that founders forget is that after they hire employees, they have to retain them.
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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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If you want something in a deal, just ask for it.
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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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One thing that often disrupts momentum and really shouldn't is competitors.
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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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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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