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You should be able to describe any employee as an animal at what they do.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Describe
Team
Animal
Able
Employee
More quotes by Sam Altman
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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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Unfortunately the trick to great execution is to say no a lot.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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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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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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You also want to fire people who a) create office politics, and b) who are persistently negative.
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Growth solves (nearly) all problems
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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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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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If you compromise and hire someone mediocre you will always regret it.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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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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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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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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In YC's case, the number one cause of early death for startups is cofounder blowups.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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If you want something in a deal, just ask for it.
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