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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
Need
Aware
Needs
Team
Every
Decision
Getting
Wrong
Point
Everyone
Someone
Painfully
More quotes by Sam Altman
Remember that the idea will expand, and become more ambitious as you go.
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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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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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Cofounder relationships are among the most important in the entire company.
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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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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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If you want something in a deal, just ask for it.
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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.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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Most things are not as risky as they seem.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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Employees will only add more value over time.
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