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The thing that kills startups at some level, is the founders giving up.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Thing
Kills
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More quotes by Sam Altman
... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
Sam Altman
The startups that do well are the ones that are working all the time.
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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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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
Sam Altman
Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
Sam Altman
When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
Sam Altman
The way to have a company that executes well is you have to execute well yourself.
Sam Altman
... 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.
Sam Altman
It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
Sam Altman
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
You need unstoppable people. You want people that are just going to get it done.
Sam Altman
You don't get to make their decisions but you do get to choose the decision makers.
Sam Altman
You certainly don't need to have everything figured out in the path from here to world domination.
Sam Altman
... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
Sam Altman
One thing that founders forget is that after they hire employees, they have to retain them.
Sam Altman
In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
Sam Altman
Most things are not as risky as they seem.
Sam Altman
Most of the best hires that I've made in my entire life have never done that thing before.
Sam Altman
Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
Sam Altman