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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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You don't get to make their decisions but you do get to choose the decision makers.
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If you compromise and hire someone mediocre you will always regret it.
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One thing that founders forget is that after they hire employees, they have to retain them.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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You need this sort of a tailwind to make a startup successful.
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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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You can basically change everything in a startup but the market.
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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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One thing that founders always underestimate is how hard it is to recruit.
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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.
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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.
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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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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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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 should be able to describe any employee as an animal at what they do.
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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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