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Losing focus is another way that founders get off track.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Founders
Track
Losing
Focus
Another
Way

More quotes by Sam Altman

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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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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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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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Move fast. Speed is one of your main advantages over large companies.
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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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You think you have this great idea that everyone's going to come join, but that's not how it works.
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The track record for founders that don't already know each other is really bad.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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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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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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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Employees will only add more value over time.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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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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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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Before product/market fit, your only job that matters is to build a great product.
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In the beginning of a company, there is no management and this actually works really well.
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No matter what you choose, build stuff and be around smart people.
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The way to have a company that executes well is you have to execute well yourself.
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