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... you want to be proud of how much you can get done with a small numbers of employees.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Much
Employees
Employee
Proud
Numbers
Team
Small
Done
More quotes by 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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Cofounder relationships are among the most important in the entire company.
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No matter what you choose, build stuff and be around smart people.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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If you compromise and hire someone mediocre you will always regret it.
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If you want something in a deal, just ask for it.
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Unfortunately the trick to great execution is to say no a lot.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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In general though, if you look at the track record of pivots, they don't become big companies.
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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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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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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Every company has a rocky beginning.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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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.
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You really want to know your cofounders for a while, ideally years.
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You need unstoppable people. You want people that are just going to get it done.
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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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Before product/market fit, your only job that matters is to build a great product.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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