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In general, it's best if you're building something that you yourself need.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
General
Building
Best
Need
Needs
Something
More quotes by Sam Altman
Losing focus is another way that founders get off track.
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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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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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You have to be decisive. Indecisiveness is a startup killer.
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Growth solves (nearly) all problems
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You need unstoppable people. You want people that are just going to get it done.
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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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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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Founders need to figure out what the message of the company is going to be.
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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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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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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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Remember that the idea will expand, and become more ambitious as you go.
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Move fast. Speed is one of your main advantages over large companies.
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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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Most founders have not managed people before, and they certainly haven't managed managers.
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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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So you should always stay on top of people's vesting schedules.
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Cofounder relationships are among the most important in the entire company.
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One thing that founders always underestimate is how hard it is to recruit.
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