Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
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
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Facts
Need
Manager
Employee
Needs
Managers
Every
Shouldn
Make
Complicated
Structure
Fact
More quotes by Sam Altman
You need this sort of a tailwind to make a startup successful.
Sam Altman
So you should always stay on top of people's vesting schedules.
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
In YC's case, the number one cause of early death for startups is cofounder blowups.
Sam Altman
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
Obsess about the quality of the product.
Sam Altman
AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
Sam Altman
If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
Sam Altman
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.
Sam Altman
For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
Sam Altman
Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
Sam Altman
Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
Sam Altman
Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
Sam Altman
No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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
You can basically change everything in a startup but the market.
Sam Altman
A board member of mine used to say sales fix everything in a startup, and that is really true.
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
If you compromise in the first five, ten hires it might kill the company.
Sam Altman