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Remember that the idea will expand, and become more ambitious as you go.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Become
Remember
Ideas
Expand
Ambitious
Idea

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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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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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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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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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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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No matter what you choose, build stuff and be around smart people.
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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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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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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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The thing that kills startups at some level, is the founders giving up.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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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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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Growth solves (nearly) all problems
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You have to be decisive. Indecisiveness is a startup killer.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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You need unstoppable people. You want people that are just going to get it done.
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Most things are not as risky as they seem.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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