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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Ideas
Pendulums
Feels
Pendulum
Way
Swung
World
Happy
Idea
Stills
Still
Pivot
Today
Whack

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At the beginning, you should only hire when you have a desperate need to.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Unfortunately the trick to great execution is to say no a lot.
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Founders need to figure out what the message of the company is going to be.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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Employees will only add more value over time.
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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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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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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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Most founders have not managed people before, and they certainly haven't managed managers.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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So you should always stay on top of people's vesting schedules.
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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