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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
Always
Hire
Mediocre
Compromise
Regret
Team
Someone

More quotes by Sam Altman

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So always keep momentum, it's this prime directive for managing a startup.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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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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You need this sort of a tailwind to make a startup successful.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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Cofounder relationships are among the most important in the entire company.
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Unpopular but right is what you're going for.
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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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Move fast. Speed is one of your main advantages over large companies.
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In general, it's best if you're building something that you yourself need.
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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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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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The startups that do well are the ones that are working all the time.
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The track record for founders that don't already know each other is really bad.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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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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