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You cannot create a market that doesn't want to exist.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Market
Exist
Create
Doesn
Cannot
More quotes by Sam Altman
... for the top twenty most valuable YC companies, all of them have at least two founders.
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You want to sound crazy, but you want to actually be right.
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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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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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At the beginning, you should only hire when you have a desperate need to.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Losing focus is another way that founders get off track.
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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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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The track record for founders that don't already know each other is really bad.
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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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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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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 hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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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.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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Great execution towards a terrible idea will get you nowhere.
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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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Ideas by themselves are not worth anything, only executing well is what creates value.
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