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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Firsts
First
Employees
Founding
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More quotes by Sam Altman
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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The startups that do well are the ones that are working all the time.
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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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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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If it works out, you're going to be working on this for 10 years.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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One thing that founders always underestimate is how hard it is to recruit.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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Founders need to figure out what the message of the company is going to be.
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Unfortunately the trick to great execution is to say no a lot.
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Why now, why is this the perfect time for this particular idea, and to start this particular 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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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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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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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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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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If you compromise and hire someone mediocre you will always regret it.
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Employees will only add more value over time.
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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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