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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
Towards
Terrible
Idea
Ideas
Great
Execution
Nowhere

More quotes by Sam Altman

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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
Sam Altman
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The way to have a company that executes well is you have to execute well yourself.
Sam Altman
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In general, it's best if you're building something that you yourself need.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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One thing that founders forget is that after they hire employees, they have to retain them.
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You certainly don't need to have everything figured out in the path from here to world domination.
Sam Altman
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If it works out, you're going to be working on this for 10 years.
Sam Altman
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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.
Sam Altman
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
Sam Altman
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The biggest PR hack you can do, is not hire a PR firm.
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
Sam Altman
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
Sam Altman
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If you compromise and hire someone mediocre you will always regret it.
Sam Altman
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
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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.
Sam Altman
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Move fast. Speed is one of your main advantages over large companies.
Sam Altman
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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.
Sam Altman
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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.
Sam Altman