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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

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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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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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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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Losing focus is another way that founders get off track.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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You cannot create a market that doesn't want to exist.
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You need this sort of a tailwind to make a startup successful.
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Cofounder relationships are among the most important in the entire company.
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Employees will only add more value over time.
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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Unpopular but right is what you're going for.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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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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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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In the beginning of a company, there is no management and this actually works really well.
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If you compromise and hire someone mediocre you will always regret it.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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Obsess about the quality of the product.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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