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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
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Team
Values
Time
More quotes by Sam Altman
Or a way to stay on strangers couches, that just sounds terrible all around.
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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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Great execution towards a terrible idea will get you nowhere.
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Most things are not as risky as they seem.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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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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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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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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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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One thing that founders always underestimate is how hard it is to recruit.
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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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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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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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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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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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Most of the best hires that I've made in my entire life have never done that thing before.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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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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