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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
Deals
Personal
Anyone
Bigs
Important
Connection
Trying
Developing
Really
Connections
Deal

More quotes by Sam Altman

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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.
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You don't get to make their decisions but you do get to choose the decision makers.
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You need this sort of a tailwind to make a startup successful.
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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One thing that founders always underestimate is how hard it is to recruit.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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Every company has a rocky beginning.
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You really want to know your cofounders for a while, ideally years.
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Most things are not as risky as they seem.
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The track record for founders that don't already know each other is really bad.
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Remember that the idea will expand, and become more ambitious as you go.
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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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You cannot create a market that doesn't want to exist.
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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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Losing focus is another way that founders get off track.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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