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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
Expand
Ambitious
Idea
Become
Remember
Ideas

More quotes by Sam Altman

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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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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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It really is true that you become an average of the people you spend the most time with.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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The track record for founders that don't already know each other is really bad.
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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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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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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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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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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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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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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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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.
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A single mediocre hire in the first five will often in fact kill a startup.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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If it works out, you're going to be working on this for 10 years.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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You can basically change everything in a startup but the market.
Sam Altman