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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 role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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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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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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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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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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So always keep momentum, it's this prime directive for managing a startup.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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... you want to be proud of how much you can get done with a small numbers of employees.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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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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You also want to fire people who a) create office politics, and b) who are persistently negative.
Sam Altman
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The second part of how to hire: try not to.
Sam Altman
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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.
Sam Altman