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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
Mistake
Stuff
Done
People
Hiring
Senior
Early
Usually
Stage
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The startups that do well are the ones that are working all the time.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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So always keep momentum, it's this prime directive for managing a startup.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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Unfortunately the trick to great execution is to say no a lot.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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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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In general, it's best if you're building something that you yourself need.
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The biggest PR hack you can do, is not hire a PR firm.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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Press releases are easier to write than code, and that is still easier than making a great product.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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You should be able to describe any employee as an animal at what they do.
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Growth solves (nearly) all problems
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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 need to figure out what the message of the company is going to be.
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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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