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One thing that founders forget is that after they hire employees, they have to retain them.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Hire
Founders
Employee
Team
Forget
Thing
Retain
Employees

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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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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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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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Cofounder relationships are among the most important in the entire company.
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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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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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Most things are not as risky as they seem.
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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Before product/market fit, your only job that matters is to build a great product.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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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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Move fast. Speed is one of your main advantages over large companies.
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So you should always stay on top of people's vesting schedules.
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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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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Losing focus is another way that founders get off track.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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