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Sam Altman Quotes

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Many of the best YC companies have had phenomenally small number of employees for their first year, sometimes none besides the founders.  (Sam Altman Quotes) Most of the best hires that I’ve made in my entire life have never done that thing before  (Sam Altman Quotes) In general though, if you look at the track record of pivots, they don’t become big companies  (Sam Altman Quotes) Developing a personal connection with anyone you’re trying to do a big deal with is really important.  (Sam Altman Quotes) You want an idea that not many other people are working on, and it’s okay if it doesn’t sound big at first.  (Sam Altman Quotes) You want an idea that turns into a monopoly. But you can’t get a monopoly, in a big market right away; too much competition for that.  (Sam Altman Quotes) Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.  (Sam Altman Quotes) I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.  (Sam Altman Quotes) As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.  (Sam Altman Quotes) In general, it’s best if you’re building something that you yourself need  (Sam Altman Quotes) If you don’t love and believe in what you’re building, you’re likely to give up at some point along the way.  (Sam Altman Quotes) If you don’t need it yourself, and you’re building something that someone else needs, realize you’re at a big disadvantage.  (Sam Altman Quotes) 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 Quotes) The point of an accelerator is to teach you about companies and business, not about technology  (Sam Altman Quotes) Someday, you need to build a business that’s difficult to replicate. This is an important part of a good idea.  (Sam Altman Quotes) What you want to do is innovate on your product and your business model, management structure is not where I would try and innovate.  (Sam Altman Quotes) So it’s worth some real up front time to think through the long term value and the defensibility of the business.  (Sam Altman Quotes) I suppose if I didn’t have Loopt, I’d have to, I don’t know, pick up the phone and just start calling people, a lot more texting and certainly more Googling.  (Sam Altman Quotes) People always make the mistake of calling an idea small or stupid because they don’t understand how it’s going to evolve.  (Sam Altman Quotes) You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.  (Sam Altman Quotes) Set a clear, easy-to-understand vision for your company, and make it be a mission people believe in.  (Sam Altman Quotes) Never put your family, friends, or significant other low on your priority list. Prefer a handful of truly close friends to a hundred acquaintances.  (Sam Altman Quotes) The tenth social network, and limited only to college students with no money, also terrible. Myspace had won.  (Sam Altman Quotes) 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 Quotes) You want to think about what is the path for my first 10 or 15 employees going to be as the company grows.  (Sam Altman Quotes) ... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.  (Sam Altman Quotes) You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.  (Sam Altman Quotes) Whatever the founder cares about, whatever the founders think are the key goals, that’s going to be what the whole company focusses on.  (Sam Altman Quotes) Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.  (Sam Altman Quotes) A third advantage of mission oriented companies, is that people outside the company are more willing to help you.  (Sam Altman Quotes)
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