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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
Fire
Company
Working
Also
Better
Employee
Fast
Team

More quotes by Sam Altman

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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.
Sam Altman
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
Sam Altman
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Losing focus is another way that founders get off track.
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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One thing that founders forget is that after they hire employees, they have to retain them.
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If you compromise in the first five, ten hires it might kill the company.
Sam Altman
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
Sam Altman
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
Sam Altman
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You can basically change everything in a startup but the market.
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 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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Founders need to figure out what the message of the company is going to be.
Sam Altman
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In general, it's best if you're building something that you yourself need.
Sam Altman
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The track record for founders that don't already know each other is really bad.
Sam Altman
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The best people know that they should join a rocketship.
Sam Altman
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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.
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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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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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Ideas by themselves are not worth anything, only executing well is what creates value.
Sam Altman