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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
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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Most founders have not managed people before, and they certainly haven't managed managers.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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Be suspicious of any work that is not building product or getting customers.
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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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You can basically change everything in a startup but the market.
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A single mediocre hire in the first five will often in fact kill a startup.
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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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Most things are not as risky as they seem.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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Employees will only add more value over time.
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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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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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One thing that founders forget is that after they hire employees, they have to retain them.
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Growth solves (nearly) all problems
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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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If you want something in a deal, just ask for it.
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Obsess about the quality of the product.
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Unfortunately the trick to great execution is to say no a lot.
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