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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
Better
Employee
Fast
Team
Fire
Company
Working
Also
More quotes by Sam Altman
To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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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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Employees will only add more value over time.
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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.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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One thing that founders always underestimate is how hard it is to recruit.
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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.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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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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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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The startups that do well are the ones that are working all the time.
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The company just needs to see you as like this maniacal execution machine.
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Move fast. Speed is one of your main advantages over large companies.
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If it works out, you're going to be working on this for 10 years.
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You need unstoppable people. You want people that are just going to get it done.
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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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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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In general, it's best if you're building something that you yourself need.
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