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At the beginning, you should only hire when you have a desperate need 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
Desperate
Beginning
Team
Need
Needs
More quotes by Sam Altman
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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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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Losing focus is another way that founders get off track.
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Cofounder relationships are among the most important in the entire company.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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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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You need to figure out what the 2 or 3 most important things are, and then just do those.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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If you want something in a deal, just ask for it.
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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A single mediocre hire in the first five will often in fact kill a startup.
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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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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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Before product/market fit, your only job that matters is to build a great product.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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You certainly don't need to have everything figured out in the path from here to world domination.
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