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Developing a personal connection with anyone you're trying to do a big deal with is really important.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Important
Connection
Trying
Developing
Really
Connections
Deal
Deals
Personal
Anyone
Bigs
More quotes by Sam Altman
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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Before product/market fit, your only job that matters is to build a great product.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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Move fast. Speed is one of your main advantages over large companies.
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Remember that the idea will expand, and become more ambitious as you go.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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So you should always stay on top of people's vesting schedules.
Sam Altman
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
Sam Altman
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 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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The way to have a company that executes well is you have to execute well yourself.
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Another way of looking at this, is that the best companies are almost always mission oriented.
Sam Altman
Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
Sam Altman
... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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In general, it's best if you're building something that you yourself need.
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One thing that founders always underestimate is how hard it is to recruit.
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So always keep momentum, it's this prime directive for managing a startup.
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Most things are not as risky as they seem.
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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