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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

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Advantage
Ones
Building
Huge
Term
Long
Make
Actual
People
Commitment

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No matter what you choose, build stuff and be around smart people.
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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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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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Most things are not as risky as they seem.
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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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At the beginning, you should only hire when you have a desperate need to.
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You need this sort of a tailwind to make a startup successful.
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One thing that founders forget is that after they hire employees, they have to retain them.
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It really is true that you become an average of the people you spend the most time with.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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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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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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Be suspicious of any work that is not building product or getting customers.
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In general though, if you look at the track record of pivots, they don't become big companies.
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The best people know that they should join a rocketship.
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Growth solves (nearly) all problems
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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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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