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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
Need
Needs
Hire
Desperate
Beginning
Team

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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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You need to figure out what the 2 or 3 most important things are, and then just do those.
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Move fast. Speed is one of your main advantages over large companies.
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The company just needs to see you as like this maniacal execution machine.
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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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Obsess about the quality of the product.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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One thing that founders forget is that after they hire employees, they have to retain them.
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It really is true that you become an average of the people you spend the most time with.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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... you want to be proud of how much you can get done with a small numbers of employees.
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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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The startups that do well are the ones that are working all the time.
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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
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If you compromise and hire someone mediocre you will always regret it.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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Cofounder relationships are among the most important in the entire company.
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You need unstoppable people. You want people that are just going to get it done.
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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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