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You need unstoppable people. You want people that are just going to get it done.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
People
Unstoppable
Team
Need
Done
Needs
Going
More quotes by Sam Altman
... you want to be proud of how much you can get done with a small numbers of employees.
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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So you should always stay on top of people's vesting schedules.
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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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Cofounder relationships are among the most important in the entire company.
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You don't get to make their decisions but you do get to choose the decision makers.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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In general, it's best if you're building something that you yourself need.
Sam Altman
The track record for founders that don't already know each other is really bad.
Sam Altman
The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Move fast. Speed is one of your main advantages over large companies.
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Before product/market fit, your only job that matters is to build a great product.
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Great execution towards a terrible idea will get you nowhere.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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At the beginning, you should only hire when you have a desperate need to.
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The way to have a company that executes well is you have to execute well yourself.
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