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The single word that matters most I think to keep the company productive as it grows is alignment.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Keep
Matter
Alignment
Think
Productive
Thinking
Matters
Single
Grows
Company
Word
More quotes by Sam Altman
Employees will only add more value over time.
Sam Altman
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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... 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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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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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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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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.
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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Founders need to figure out what the message of the company is going to be.
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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
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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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The second part of how to hire: try not to.
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You need this sort of a tailwind to make a startup successful.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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In general, it's best if you're building something that you yourself need.
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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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You don't get to make their decisions but you do get to choose the decision makers.
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Most founders have not managed people before, and they certainly haven't managed managers.
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