Quote

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.

Sam Altman

Change background

T
T
T

Change font

TAGS & TOPICS

Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Advice
Consent
Usually
Board
Roles
Tries
Clear
Boards
Ends
Disaster
Doe
Lays
Trying
Strategy
Role
Ceo

More quotes by Sam Altman

Image
Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
Sam Altman
Image
Employees will only add more value over time.
Sam Altman
Image
The startups that do well are the ones that are working all the time.
Sam Altman
Image
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.
Sam Altman
Image
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
Image
Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
Sam Altman
Image
You certainly don't need to have everything figured out in the path from here to world domination.
Sam Altman
Image
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
Image
Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
Sam Altman
Image
You don't get to make their decisions but you do get to choose the decision makers.
Sam Altman
Image
One thing that often disrupts momentum and really shouldn't is competitors.
Sam Altman
Image
You have to be decisive. Indecisiveness is a startup killer.
Sam Altman
Image
Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
Sam Altman
Image
The way to have a company that executes well is you have to execute well yourself.
Sam Altman
Image
The second part of how to hire: try not to.
Sam Altman
Image
You need unstoppable people. You want people that are just going to get it done.
Sam Altman
Image
In addition to relentlessly resourceful, you want a tough and a calm cofounder.
Sam Altman
Image
Most things are not as risky as they seem.
Sam Altman
Image
Growth solves (nearly) all problems
Sam Altman
Image
Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
Sam Altman