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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Team
Responsibility
Stuff
Happens
Take
Good
Credit

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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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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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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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At the beginning, you should only hire when you have a desperate need to.
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Move fast. Speed is one of your main advantages over large companies.
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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Be suspicious of any work that is not building product or getting customers.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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The second part of how to hire: try not to.
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Great execution towards a terrible idea will get you nowhere.
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Growth solves (nearly) all problems
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You need this sort of a tailwind to make a startup successful.
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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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The best people know that they should join a rocketship.
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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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You need unstoppable people. You want people that are just going to get it done.
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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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