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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Tough
Single
Team
Company
Future
Everyone
Think
Hire
Thinking
Bars
More quotes by Sam Altman
Most of the best hires that I've made in my entire life have never done that thing before.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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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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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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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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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Most things are not as risky as they seem.
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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.
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Cofounder relationships are among the most important in the entire company.
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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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... 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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You need this sort of a tailwind to make a startup successful.
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In the beginning of a company, there is no management and this actually works really well.
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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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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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You can basically change everything in a startup but the market.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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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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In general, it's best if you're building something that you yourself need.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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