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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
Team
Year
Someone
Best
Take
Great
Recruit
Years
Options
People
Easily

More quotes by Sam Altman

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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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So you should always stay on top of people's vesting schedules.
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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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Founders need to figure out what the message of the company is going to be.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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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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... you want to be proud of how much you can get done with a small numbers of employees.
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Before product/market fit, your only job that matters is to build a great product.
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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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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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So always keep momentum, it's this prime directive for managing a startup.
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Be suspicious of any work that is not building product or getting customers.
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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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In general, it's best if you're building something that you yourself need.
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The cost of getting an early hire wrong is really high.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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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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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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Startups are very hard no matter what you do you may as well go after a big opportunity.
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