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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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Losing focus is another way that founders get off track.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Every company has a rocky beginning.
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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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So you should always stay on top of people's vesting schedules.
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If you want something in a deal, just ask for it.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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Unfortunately the trick to great execution is to say no a lot.
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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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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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