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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
Anyone
Bigs
Important
Connection
Trying
Developing
Really
Connections
Deal
Deals
Personal

More quotes by Sam Altman

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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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... you want to be proud of how much you can get done with a small numbers of employees.
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Founders need to figure out what the message of the company is going to be.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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Move fast. Speed is one of your main advantages over large companies.
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One thing that often disrupts momentum and really shouldn't is competitors.
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... 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.
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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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Most of the best hires that I've made in my entire life have never done that thing before.
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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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Another way of looking at this, is that the best companies are almost always mission oriented.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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The track record for founders that don't already know each other is really bad.
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You really want to know your cofounders for a while, ideally years.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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One thing that founders always underestimate is how hard it is to recruit.
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