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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
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Year
Someone
Best
Take
Great
Recruit
Years
Options
People
Easily
Team
More quotes by Sam Altman
Most founders have not managed people before, and they certainly haven't managed managers.
Sam Altman
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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The best people know that they should join a rocketship.
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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Remember that the idea will expand, and become more ambitious as you go.
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Founders need to figure out what the message of the company is going to be.
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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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It really is true that you become an average of the people you spend the most time with.
Sam Altman
Startups are very hard no matter what you do you may as well go after a big opportunity.
Sam Altman
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
Sam Altman
Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
Sam Altman
You need to figure out what the 2 or 3 most important things are, and then just do those.
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Great execution towards a terrible idea will get you nowhere.
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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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... 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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... 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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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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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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... you want to be proud of how much you can get done with a small numbers of employees.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
Sam Altman