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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
Stuff
Happens
Take
Good
Credit
Team
Responsibility
More quotes by Sam Altman
A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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The company just needs to see you as like this maniacal execution machine.
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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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You also want to fire people who a) create office politics, and b) who are persistently negative.
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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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So you should always stay on top of people's vesting schedules.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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If it works out, you're going to be working on this for 10 years.
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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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Most of the best hires that I've made in my entire life have never done that thing before.
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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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You don't get to make their decisions but you do get to choose the decision makers.
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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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Most things are not as risky as they seem.
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Losing focus is another way that founders get off track.
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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Cofounder relationships are among the most important in the entire company.
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