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... how much time you should be spending on hiring? The answer is 0 or 25 percent.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Much
Time
Hiring
Spending
Answer
Percent
Answers
Team

More quotes by Sam Altman

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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
Sam Altman
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It really is true that you become an average of the people you spend the most time with.
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You should be able to describe any employee as an animal at what they do.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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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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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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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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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
Sam Altman
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Obsess about the quality of the product.
Sam Altman
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The best people know that they should join a rocketship.
Sam Altman
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The startups that do well are the ones that are working all the time.
Sam Altman
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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.
Sam Altman
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One thing that often disrupts momentum and really shouldn't is competitors.
Sam Altman
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The second part of how to hire: try not to.
Sam Altman
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
Sam Altman