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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Employee
Totally
Lack
Structure
Failing
Works
Disastrous
Fine
Employees
Fails
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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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One thing that founders forget is that after they hire employees, they have to retain them.
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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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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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In general, it's best if you're building something that you yourself need.
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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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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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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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