Sam Altman Quotes - Page 2

Quotes about:

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

  Sam Altman

  Team, Needs, Desperate

  5 Copy quote

• More important than starting any startup, is getting to know a lot of potential co-founders.

  Sam Altman

  Important, Starting, Founders

  4 Copy quote

• No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.

  Sam Altman

  Team, Ideas, Long

  "There's Only One Way To Make Your Company Really Grow" by Jay Yarow, www.businessinsider.com. December 04, 2013.

  11 Copy quote

• You really want to know your cofounders for a while, ideally years.

  Sam Altman

  Team, Years, Want

  4 Copy quote

• Keep salaries low and equity high. Keep the organization as flat as you can.

  Sam Altman

  Organization, Salary, Lows

  4 Copy quote

• You should be giving out a lot of equity to your employees.

  Sam Altman

  Giving, Should, Employee

  4 Copy quote

• In general don't start a startup you're not willing to work on for ten years.

  Sam Altman

  Years, Willing, Ten

  12 Copy quote

• The best people know that they should join a rocketship.

  Sam Altman

  Team, People, Should

  8 Copy quote

• It's better to have no cofounder than to have a bad cofounder, but it's still bad to be a solo founder.

  Sam Altman

  Team, Solo, Founders

  4 Copy quote

• Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast.

  Sam Altman

  Team, Fire, Long

  4 Copy quote

• Someday, you need to build a business that's difficult to replicate. This is an important part of a good idea.

  Sam Altman

  Ideas, Important, Needs

  5 Copy quote

• 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.

  4 Copy quote

• 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.

  Sam Altman

  Complicated, Sentences, Ifs

  5 Copy quote

• The best source by far for hiring is people that you already know and people that other employees in the company already know.

  Sam Altman

  Team, People, Source

  5 Copy quote

• 1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.

  Sam Altman

  Important, Attention, Each Day

  9 Copy quote

• Wait to start a startup until you come up with an idea that you feel compelled to explore.

  Sam Altman

  Ideas, Waiting, Come Up

  6 Copy quote

• Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.

  Sam Altman

  Talking, Decision, Never Quit

  5 Copy quote

• What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.

  Sam Altman

  Mean, Years, Long

  7 Copy quote

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

  Sam Altman

  Team, Might, Firsts

  5 Copy quote

• At YC we have this public phrase, and it's relentlessly resourceful.

  Sam Altman

  Team, Phrases, Resourceful

  4 Copy quote

• To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.

  Sam Altman

  Team, Years, People

  4 Copy quote

• Good startups usually take 10 years.

  Sam Altman

  Years

  4 Copy quote

• One of the great and terrible things about starting a start up is that you get no credit for trying.

  Sam Altman

  Trying, Credit, Starting

  4 Copy quote

• The company just needs to see you as like this maniacal execution machine.

  Sam Altman

  Needs, Machines, Execution

  5 Copy quote

• When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.

  Sam Altman

  Failing, Structure, Fine

  4 Copy quote

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