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You also want to fire people who a) create office politics, and b) who are persistently negative.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Negative
Office
Team
Create
Fire
Politics
Also
People
Persistently
More quotes by Sam Altman
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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Most founders have not managed people before, and they certainly haven't managed managers.
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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.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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The thing that kills startups at some level, is the founders giving up.
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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 track record for founders that don't already know each other is really bad.
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If you want something in a deal, just ask for it.
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Every company has a rocky beginning.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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Remember that the idea will expand, and become more ambitious as you go.
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Most of the best hires that I've made in my entire life have never done that thing before.
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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.
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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A single mediocre hire in the first five will often in fact kill a startup.
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One thing that founders always underestimate is how hard it is to recruit.
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