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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
Founders
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Levels
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More quotes by Sam Altman
Cofounder relationships are among the most important in the entire company.
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Growth solves (nearly) all problems
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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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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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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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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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Before product/market fit, your only job that matters is to build a great product.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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It really is true that you become an average of the people you spend the most time with.
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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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In YC's case, the number one cause of early death for startups is cofounder blowups.
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The company just needs to see you as like this maniacal execution machine.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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Obsess about the quality of the product.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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Most of the best hires that I've made in my entire life have never done that thing before.
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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You can basically change everything in a startup but the market.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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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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