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So you should always stay on top of people's vesting schedules.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
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Always
People
More quotes by Sam Altman
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.
Sam Altman
The second part of how to hire: try not to.
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The biggest PR hack you can do, is not hire a PR firm.
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
One thing that founders forget is that after they hire employees, they have to retain them.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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Be suspicious of any work that is not building product or getting customers.
Sam Altman
Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
Sam Altman
Obsess about the quality of the product.
Sam Altman
I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
If it works out, you're going to be working on this for 10 years.
Sam Altman
... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
Sam Altman
You want to sound crazy, but you want to actually be right.
Sam Altman
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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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.
Sam Altman
One thing I tell startups all the time is that the best way to grow is to make their product better.
Sam Altman
Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
Sam Altman