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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
Spending
Answer
Percent
Answers
Team
Much
Time
Hiring

More quotes by Sam Altman

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You really want to know your cofounders for a while, ideally years.
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You cannot create a market that doesn't want to exist.
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The cost of getting an early hire wrong is really high.
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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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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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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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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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You certainly don't need to have everything figured out in the path from here to world domination.
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Growth solves (nearly) all problems
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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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A board member of mine used to say sales fix everything in a startup, and that is really true.
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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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The thing that kills startups at some level, is the founders giving up.
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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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The single word that matters most I think to keep the company productive as it grows is alignment.
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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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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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You don't get to make their decisions but you do get to choose the decision makers.
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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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