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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

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Great execution towards a terrible idea will get you nowhere.
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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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Most of the best hires that I've made in my entire life have never done that thing before.
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In general, it's best if you're building something that you yourself need.
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One thing that founders forget is that after they hire employees, they have to retain 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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Losing focus is another way that founders get off track.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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Employees will only add more value over time.
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Growth solves (nearly) all problems
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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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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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The thing that kills startups at some level, is the founders giving up.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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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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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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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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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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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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