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If you compromise in the first five, ten hires it might kill the company.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Might
Firsts
Hires
First
Compromise
Ten
Kill
Team
Company
Five
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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If you want something in a deal, just ask for it.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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The thing that kills startups at some level, is the founders giving up.
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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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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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Growth solves (nearly) all problems
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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You have to be decisive. Indecisiveness is a startup killer.
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The startups that do well are the ones that are working all the time.
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Move fast. Speed is one of your main advantages over large companies.
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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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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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