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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
Matters
Market
Build
Products
Jobs
Matter
Great
Product
Fit
More quotes by Sam Altman
Unpopular but right is what you're going for.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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You have to be decisive. Indecisiveness is a startup killer.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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You really want to know your cofounders for a while, ideally years.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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You don't get to make their decisions but you do get to choose the decision makers.
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You want to sound crazy, but you want to actually be right.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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A single mediocre hire in the first five will often in fact kill a startup.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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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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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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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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Cofounder relationships are among the most important in the entire company.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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The cost of getting an early hire wrong is really high.
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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