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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
Bigs
Important
Connection
Trying
Developing
Really
Connections
Deal
Deals
Personal
Anyone

More quotes by Sam Altman

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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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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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So always keep momentum, it's this prime directive for managing a startup.
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No matter what you choose, build stuff and be around smart 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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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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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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Another way of looking at this, is that the best companies are almost always mission oriented.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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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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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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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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One of the great and terrible things about starting a start up is that you get no credit for trying.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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One thing that founders always underestimate is how hard it is to recruit.
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