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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Anywhere
Advantage
Especially
Huge
Term
Long
Thinking
Rare

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So always keep momentum, it's this prime directive for managing a startup.
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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.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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No matter what you choose, build stuff and be around smart people.
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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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Most things are not as risky as they seem.
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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 have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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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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At the beginning, you should only hire when you have a desperate need to.
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The biggest PR hack you can do, is not hire a PR firm.
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If you want something in a deal, just ask for it.
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Losing focus is another way that founders get off track.
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