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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Someone
Firsts
Interviewing
First
Hired
Years
Employee
People
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Months
Team
Year
More quotes by Sam Altman
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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Growth solves (nearly) all problems
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
Sam Altman
You need unstoppable people. You want people that are just going to get it done.
Sam Altman
... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
Sam Altman
What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
Sam Altman
The second part of how to hire: try not to.
Sam Altman
Unfortunately the trick to great execution is to say no a lot.
Sam Altman
Be suspicious of any work that is not building product or getting customers.
Sam Altman
You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
You need to figure out what the 2 or 3 most important things are, and then just do those.
Sam Altman
To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
Sam Altman
Founders need to figure out what the message of the company is going to be.
Sam Altman
Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
Employees will only add more value over time.
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.
Sam Altman
If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
Sam Altman
Or a way to stay on strangers couches, that just sounds terrible all around.
Sam Altman