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You need this sort of a tailwind to make a startup successful.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
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More quotes by 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
Growth solves (nearly) all problems
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One thing that often disrupts momentum and really shouldn't is competitors.
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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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You also want to fire people who a) create office politics, and b) who are persistently negative.
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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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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.
Sam Altman
If you compromise in the first five, ten hires it might kill the company.
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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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
You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
Sam Altman
If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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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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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
Sam Altman
If it works out, you're going to be working on this for 10 years.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
Sam Altman
Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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So always keep momentum, it's this prime directive for managing a startup.
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Cofounder relationships are among the most important in the entire company.
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