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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Right
Hard
Line
Fine
Side
Crazy
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More quotes by Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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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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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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One thing that often disrupts momentum and really shouldn't is competitors.
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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In general though, if you look at the track record of pivots, they don't become big companies.
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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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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The way to have a company that executes well is you have to execute well yourself.
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Most founders have not managed people before, and they certainly haven't managed managers.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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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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You don't get to make their decisions but you do get to choose the decision makers.
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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