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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Early
Usually
Stage
Mistake
Stuff
Done
People
Hiring
Senior

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Obsess about the quality of the product.
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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.
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Every company has a rocky beginning.
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Unpopular but right is what you're going for.
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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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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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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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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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Remember that the idea will expand, and become more ambitious as you go.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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Great execution towards a terrible idea will get you nowhere.
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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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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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You have to be decisive. Indecisiveness is a startup killer.
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If it works out, you're going to be working on this for 10 years.
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You really want to know your cofounders for a while, ideally years.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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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A single mediocre hire in the first five will often in fact kill a startup.
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You can basically change everything in a startup but the market.
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