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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
Five
Might
Firsts
Hires
First
Compromise
Ten
Kill
Team
Company

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The way to have a company that executes well is you have to execute well yourself.
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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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Founders need to figure out what the message of the company is going to be.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Unfortunately the trick to great execution is to say no a lot.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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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You need to figure out what the 2 or 3 most important things are, and then just do those.
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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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Great execution towards a terrible idea will get you nowhere.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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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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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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Employees will only add more value over time.
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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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Be suspicious of any work that is not building product or getting customers.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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Press releases are easier to write than code, and that is still easier than making a great product.
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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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