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... fire fast when it's not working. It's better for the company, it's also better for the employee.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Employee
Fast
Team
Fire
Company
Working
Also
Better

More quotes by Sam Altman

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A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
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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.
Sam Altman
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
Sam Altman
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
Sam Altman
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
Sam Altman
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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.
Sam Altman
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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.
Sam Altman
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Every company has a rocky beginning.
Sam Altman
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
Sam Altman
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No matter what you choose, build stuff and be around smart people.
Sam Altman
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Move fast. Speed is one of your main advantages over large companies.
Sam Altman
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So always keep momentum, it's this prime directive for managing a startup.
Sam Altman
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... for the top twenty most valuable YC companies, all of them have at least two founders.
Sam Altman
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
Sam Altman
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Remember that the idea will expand, and become more ambitious as you go.
Sam Altman
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Most of the best hires that I've made in my entire life have never done that thing before.
Sam Altman
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If you compromise in the first five, ten hires it might kill the company.
Sam Altman
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It really is true that you become an average of the people you spend the most time with.
Sam Altman
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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.
Sam Altman
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman