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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

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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.
Sam Altman
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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.
Sam Altman
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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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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
Sam Altman
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... you want to be proud of how much you can get done with a small numbers of employees.
Sam Altman
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
Sam Altman
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In the beginning of a company, there is no management and this actually works really well.
Sam Altman
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
Sam Altman
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One thing that often disrupts momentum and really shouldn't is competitors.
Sam Altman
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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.
Sam Altman
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So you should always stay on top of people's vesting schedules.
Sam Altman
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
Sam Altman
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
Sam Altman
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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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The thing that kills startups at some level, is the founders giving up.
Sam Altman
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
Sam Altman
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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.
Sam Altman
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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
Sam Altman
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
Sam Altman