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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Needs
Team
Every
Decision
Getting
Wrong
Point
Everyone
Someone
Painfully
Need
Aware
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If you compromise in the first five, ten hires it might kill the company.
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Losing focus is another way that founders get off track.
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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... you want to be proud of how much you can get done with a small numbers of employees.
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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.
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You should be able to describe any employee as an animal at what they do.
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You certainly don't need to have everything figured out in the path from here to world domination.
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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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The track record for founders that don't already know each other is really bad.
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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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Remember that the idea will expand, and become more ambitious as you go.
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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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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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Every company has a rocky beginning.
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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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No matter what you choose, build stuff and be around smart people.
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The way to have a company that executes well is you have to execute well yourself.
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