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In the beginning of a company, there is no management and this actually works really well.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Company
Actually
Wells
Well
Really
Management
Beginning
Works

More quotes by Sam Altman

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You cannot create a market that doesn't want to exist.
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If you compromise and hire someone mediocre you will always regret it.
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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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Most of the best hires that I've made in my entire life have never done that thing before.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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You want to sound crazy, but you want to actually be right.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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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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The single word that matters most I think to keep the company productive as it grows is alignment.
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Employees will only add more value over time.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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So always keep momentum, it's this prime directive for managing a startup.
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If you want something in a deal, just ask for it.
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In general though, if you look at the track record of pivots, they don't become big companies.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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Most things are not as risky as they seem.
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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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