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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
Best
Take
Great
Recruit
Years
Options
People
Easily
Team
Year
Someone

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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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Losing focus is another way that founders get off track.
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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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Every company has a rocky beginning.
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If you want something in a deal, just ask for it.
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You can basically change everything in a startup but the market.
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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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So always keep momentum, it's this prime directive for managing a startup.
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Cofounder relationships are among the most important in the entire company.
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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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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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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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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.
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If it works out, you're going to be working on this for 10 years.
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Be suspicious of any work that is not building product or getting customers.
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The way to have a company that executes well is you have to execute well yourself.
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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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Press releases are easier to write than code, and that is still easier than making a great product.
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