Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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
Really
Corporate
Putting
Band
Worth
Grow
Grows
Hopelessly
Place
Compensation
Feels
Bands
More quotes by Sam Altman
... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
Sam Altman
So you should always stay on top of people's vesting schedules.
Sam Altman
One thing that founders always underestimate is how hard it is to recruit.
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
Most founders have not managed people before, and they certainly haven't managed managers.
Sam Altman
1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
Sam Altman
The most important thing is that there is clear reporting structure and everyone knows what it is.
Sam Altman
... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
Sam Altman
The thing that kills startups at some level, is the founders giving up.
Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
The way to have a company that executes well is you have to execute well yourself.
Sam Altman
Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
Sam Altman
You need unstoppable people. You want people that are just going to get it done.
Sam Altman
Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
Sam Altman
I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
Sam Altman
If you compromise and hire someone mediocre you will always regret it.
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
You certainly don't need to have everything figured out in the path from here to world domination.
Sam Altman
Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
Sam Altman
