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Great execution towards a terrible idea will get you nowhere.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Execution
Nowhere
Towards
Terrible
Idea
Ideas
Great

More quotes by Sam Altman

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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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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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Startups are very hard no matter what you do you may as well go after a big opportunity.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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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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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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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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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 can basically change everything in a startup but the market.
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You also want to fire people who a) create office politics, and b) who are persistently negative.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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Employees will only add more value over time.
Sam Altman
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The biggest PR hack you can do, is not hire a PR firm.
Sam Altman