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Why now, why is this the perfect time for this particular idea, and to start this particular company?

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Company
Start
Perfect
Idea
Ideas
Time
Particular

More quotes by Sam Altman

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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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One thing that often disrupts momentum and really shouldn't is competitors.
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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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Employees will only add more value over time.
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Cofounder relationships are among the most important in the entire company.
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The startups that do well are the ones that are working all the time.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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Remember that the idea will expand, and become more ambitious as you go.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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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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You should be able to describe any employee as an animal at what they do.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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You can basically change everything in a startup but the market.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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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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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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