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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
Company
Future
Everyone
Think
Hire
Thinking
Bars
Tough
Single
Team
More quotes by Sam Altman
The single word that matters most I think to keep the company productive as it grows is alignment.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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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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So always keep momentum, it's this prime directive for managing a startup.
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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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You can basically change everything in a startup but the market.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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The thing that kills startups at some level, is the founders giving up.
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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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... 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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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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Remember that the idea will expand, and become more ambitious as you go.
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So you should always stay on top of people's vesting schedules.
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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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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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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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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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The best people know that they should join a rocketship.
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