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Or a way to stay on strangers couches, that just sounds terrible all around.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Around
Way
Couches
Strangers
Stranger
Sounds
Stay
Terrible
Sound
More quotes by Sam Altman
The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
Sam Altman
... fire fast when it's not working. It's better for the company, it's also better for the employee.
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Most things are not as risky as they seem.
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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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The startups that do well are the ones that are working all the time.
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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 biggest PR hack you can do, is not hire a PR firm.
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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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... you want to be proud of how much you can get done with a small numbers of employees.
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Losing focus is another way that founders get off track.
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You also want to fire people who a) create office politics, and b) who are persistently negative.
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One thing that founders forget is that after they hire employees, they have to retain them.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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You want to sound crazy, but you want to actually be right.
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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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You really want to know your cofounders for a while, ideally years.
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In the beginning of a company, there is no management and this actually works really well.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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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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