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Before product/market fit, your only job that matters is to build a great product.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Great
Product
Fit
Matters
Market
Build
Products
Jobs
Matter

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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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The cost of getting an early hire wrong is really high.
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Unfortunately the trick to great execution is to say no a lot.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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Move fast. Speed is one of your main advantages over large companies.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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Most things are not as risky as they seem.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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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.
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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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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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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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One thing that founders always underestimate is how hard it is to recruit.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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Unpopular but right is what you're going for.
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In general, it's best if you're building something that you yourself need.
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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