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You can basically change everything in a startup but the market.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Everything
Basically
Market
Change
More quotes by Sam Altman
Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
Sam Altman
No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
Sam Altman
One thing that often disrupts momentum and really shouldn't is competitors.
Sam Altman
For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
Sam Altman
You need conviction in your own beliefs, and the willingness to ignore others naysaying.
Sam Altman
If it works out, you're going to be working on this for 10 years.
Sam Altman
You want to sound crazy, but you want to actually be right.
Sam Altman
As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
Sam Altman
Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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
The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
Sam Altman
I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
Sam Altman
If you compromise in the first five, ten hires it might kill the company.
Sam Altman
Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
Sam Altman
It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
Sam Altman
One thing that founders always underestimate is how hard it is to recruit.
Sam Altman
... 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.
Sam Altman
A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
Sam Altman
If you want something in a deal, just ask for it.
Sam Altman