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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

More quotes by Sam Altman

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The startups that do well are the ones that are working all the time.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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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.
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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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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No matter what you choose, build stuff and be around smart people.
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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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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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Be suspicious of any work that is not building product or getting customers.
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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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In the beginning of a company, there is no management and this actually works really well.
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If you compromise and hire someone mediocre you will always regret it.
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You can basically change everything in a startup but the market.
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One thing that founders forget is that after they hire employees, they have to retain them.
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So you should always stay on top of people's vesting schedules.
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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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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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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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