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One thing that founders always underestimate is how hard it is to recruit.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Always
Recruit
Founders
Underestimate
Team
Hard
Thing
More quotes by Sam Altman
Employees will only add more value over time.
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Growth solves (nearly) all problems
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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The best people know that they should join a rocketship.
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You also want to fire people who a) create office politics, and b) who are persistently negative.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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You need this sort of a tailwind to make a startup successful.
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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.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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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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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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No matter what you choose, build stuff and be around smart people.
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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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The company just needs to see you as like this maniacal execution machine.
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Most of the best hires that I've made in my entire life have never done that thing before.
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