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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
Hard
Line
Fine
Side
Crazy
Sides
Lines
Part
Right
More quotes by Sam Altman
No matter what you choose, build stuff and be around smart people.
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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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Every company has a rocky beginning.
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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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The second part of how to hire: try not to.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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You really want to know your cofounders for a while, ideally years.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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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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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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So always keep momentum, it's this prime directive for managing a startup.
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The best people know that they should join a rocketship.
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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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If it works out, you're going to be working on this for 10 years.
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Be suspicious of any work that is not building product or getting customers.
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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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One thing that founders always underestimate is how hard it is to recruit.
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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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The company just needs to see you as like this maniacal execution machine.
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The cost of getting an early hire wrong is really high.
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