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In general though, if you look at the track record of pivots, they don't become big companies.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
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More quotes by Sam Altman
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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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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No matter what you choose, build stuff and be around smart people.
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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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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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The second part of how to hire: try not to.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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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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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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Cofounder relationships are among the most important in the entire company.
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Before product/market fit, your only job that matters is to build a great product.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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