Sam Altman Quotes - Page 3

• If you compromise in the first five, ten hires it might kill the company.

  Sam Altman

  Team, Might, Firsts

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• The natural state of a start-up is to die; most start-ups require multiple miracles in their early days to escape this fate.

  Sam Altman

  Fate, Miracle, Natural

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• When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.

  Sam Altman

  Way, Easy, Easier

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• Be suspicious of any work that is not building product or getting customers.

  Sam Altman

  Building, Suspicious, Customers

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• One thing that founders always underestimate is how hard it is to recruit.

  Sam Altman

  Team, Underestimate, Founders

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• Another way of looking at this, is that the best companies are almost always mission oriented.

  Sam Altman

  Way, Missions, Company

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• Great execution towards a terrible idea will get you nowhere.

  Sam Altman

  Ideas, Execution, Terrible

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• You have to be decisive. Indecisiveness is a startup killer.

  Sam Altman

  Killers, Indecisiveness

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• At the beginning, you should only hire when you have a desperate need to.

  Sam Altman

  Team, Needs, Desperate

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• Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.

  Sam Altman

  Team, Goal, Should

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• Why now, why is this the perfect time for this particular idea, and to start this particular company?

  Sam Altman

  Ideas, Perfect, Why Now

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• Cofounder relationships are among the most important in the entire company.

  Sam Altman

  Team, Important, Company

  "Lecture 2: Ideas, Products, Teams and Execution Part II". "How to Start a Startup" lecture, Stanford, genius.com. September 25, 2014.

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• You think you have this great idea that everyone's going to come join, but that's not how it works.

  Sam Altman

  Team, Thinking, Ideas

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• A board member of mine used to say sales fix everything in a startup, and that is really true.

  Sam Altman

  Boards, Used, Members

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• Two other things that we hear again and again from our founders, they wish they had done earlier, and that is... simply writing down how you do things and why you do things.

  Sam Altman

  Writing, Two, Wish

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• You also really want to take the time to think about how the market is going to evolve.You need a market that's going to be big in 10 years.

  Sam Altman

  Thinking, Years, Needs

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• If you can just learn to think about the market first, you will have a big leg up on most people starting startups.

  Sam Altman

  Thinking, People, Legs

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• Founders need to figure out what the message of the company is going to be.

  Sam Altman

  Messages, Needs, Figures

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• ... for the top twenty most valuable YC companies, all of them have at least two founders.

  Sam Altman

  Team, Two, Twenties

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• For early employees you want people that have somewhat of a risk-taking attitude.

  Sam Altman

  Attitude, Team, People

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• AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.

  Sam Altman

  Team, Years, People

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• Unfortunately the trick to great execution is to say no a lot.

  Sam Altman

  Execution, Tricks

  "Lecture 2: Ideas, Products, Teams and Execution Part II". "How to Start a Startup" lecture, Stanford, genius.com. September 25, 2014.

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• Here's a good rule of thumb: don't worry about a competitor at all, until they're actually beating you with a real shipped product.

  Sam Altman

  Real, Worry, Thumbs

  "Lecture 2: Ideas, Products, Teams and Execution Part II". "How to Start a Startup" lecture, Stanford, 1pdf.net. September 25, 2014.

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• You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.

  Sam Altman

  Winning, Vision, Momentum

  "Lecture 2: Ideas, Products, Teams and Execution Part II". "How to Start a Startup" lecture, Stanford, genius.com. September 25, 2014.

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• You can win with the best product, the best price, or the best experience.

  Sam Altman

  Winning, Best Experiences, You Can Win

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