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If you compromise and hire someone mediocre you will always regret it.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Regret
Team
Someone
Always
Hire
Mediocre
Compromise
More quotes by Sam Altman
You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
Sam Altman
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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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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So you should always stay on top of people's vesting schedules.
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Cofounder relationships are among the most important in the entire company.
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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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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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... 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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One thing that often disrupts momentum and really shouldn't is competitors.
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The track record for founders that don't already know each other is really bad.
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One thing that founders always underestimate is how hard it is to recruit.
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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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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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Move fast. Speed is one of your main advantages over large companies.
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The biggest PR hack you can do, is not hire a PR firm.
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The company just needs to see you as like this maniacal execution machine.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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