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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
You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
Sam Altman
Before product/market fit, your only job that matters is to build a great product.
Sam Altman
The biggest PR hack you can do, is not hire a PR firm.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
The most important thing is that there is clear reporting structure and everyone knows what it is.
Sam Altman
If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
Sam Altman
Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
You certainly don't need to have everything figured out in the path from here to world domination.
Sam Altman
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.
Sam Altman
If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
Sam Altman
... fire fast when it's not working. It's better for the company, it's also better for the employee.
Sam Altman
Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
Sam Altman
... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
Sam Altman
So always keep momentum, it's this prime directive for managing a startup.
Sam Altman
When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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
The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
Sam Altman
What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
Sam Altman
The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
Sam Altman
It really is true that you become an average of the people you spend the most time with.
Sam Altman