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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
Working
Also
Better
Employee
Fast
Team
Fire
Company
More quotes by Sam Altman
Employees will only add more value over time.
Sam Altman
In general, it's best if you're building something that you yourself need.
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If you want something in a deal, just ask for it.
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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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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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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.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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In the beginning of a company, there is no management and this actually works really well.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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Be suspicious of any work that is not building product or getting customers.
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You need unstoppable people. You want people that are just going to get it done.
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So you should always stay on top of people's vesting schedules.
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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.
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You can basically change everything in a startup but the market.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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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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The thing that kills startups at some level, is the founders giving up.
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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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The track record for founders that don't already know each other is really bad.
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