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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.

Sam Altman

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

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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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One thing I tell startups all the time is that the best way to grow is to make their product better.
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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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Before product/market fit, your only job that matters is to build a great product.
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You have to be decisive. Indecisiveness is a startup killer.
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One thing that founders forget is that after they hire employees, they have to retain them.
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You need unstoppable people. You want people that are just going to get it done.
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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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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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One thing that founders always underestimate is how hard it is to recruit.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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Press releases are easier to write than code, and that is still easier than making a great product.
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