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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Would
People
Sounded
Turned
Working
Many
Really
Good
More quotes by Sam Altman
The most important thing is that there is clear reporting structure and everyone knows what it is.
Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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 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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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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... you want to be proud of how much you can get done with a small numbers of employees.
Sam Altman
I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
Sam Altman
You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
Sam Altman
... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
Sam Altman
For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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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.
Sam Altman
Remember that the idea will expand, and become more ambitious as you go.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Be suspicious of any work that is not building product or getting customers.
Sam Altman
Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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Unfortunately the trick to great execution is to say no a lot.
Sam Altman