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Employees will only add more value over time.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Employees
Employee
Add
Value
Team
Values
Time
More quotes by Sam Altman
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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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 want to sound crazy, but you want to actually be right.
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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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The thing that kills startups at some level, is the founders giving up.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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Most founders have not managed people before, and they certainly haven't managed managers.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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The startups that do well are the ones that are working all the time.
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Growth solves (nearly) all problems
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A single mediocre hire in the first five will often in fact kill a startup.
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Founders need to figure out what the message of the company is going to be.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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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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You should be able to describe any employee as an animal at what they do.
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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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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