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Sam Altman Quotes

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There is a long history of founders returning to companies and doing great things. Founders are able to set the vision for their companies with an authority no one else can.  (Sam Altman Quotes) 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 Quotes) Some day everyone will find out everyone else’s comp, if it’s all over the place, it will be a complete meltdown disaster  (Sam Altman Quotes) 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.  (Sam Altman Quotes) The hard part of running a business is that there are a hundred things that you could be doing, and only five of those actually matter, and only one of them matters more than all of the rest of them combined. So figuring out there is a critical path thing to focus on and ignoring everything else is really important.  (Sam Altman Quotes) ... and you can only have 2 or 3 things everyday, because everything else will just come at you; you know fires in a day.  (Sam Altman Quotes) You also want people who are maniacally determined and that is slightly different than having a risk tolerant attitude.  (Sam Altman Quotes) If someone is difficult to talk to, if someone cannot communicate clearly, it’s a real problem in terms of their likelihood to work out.  (Sam Altman Quotes) The biggest part of Loopt is about discovering the world around you, never replacing a social experience - only adding to it.  (Sam Altman Quotes) It’s really easy to get PR with no results and it actually feels like you’re really actually cool, but in a year you’ll still have nothing.  (Sam Altman Quotes) AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.  (Sam Altman Quotes) I think that inexpensive sources of planet-friendly energy are one of the most important things for us to pursue.  (Sam Altman Quotes) The most important thing is that there is clear reporting structure and everyone knows what it is  (Sam Altman Quotes) Making money is often more fun than spending it, though I personally have never regretted money I’ve spent on friends, new experiences, saving time, travel, and causes I believe in.  (Sam Altman Quotes) The only way to generate sustained exponential growth is to make whatever you’re making sufficiently good.  (Sam Altman Quotes) I wouldn’t call Loopt a failure. It didn’t turn out like I wanted, for sure, but it was fun, I learned a lot, and I made enough money to start investing, which led me to my current job. I don’t regret it at all.  (Sam Altman Quotes) ... fire fast when it’s not working. It’s better for the company, it’s also better for the employee.  (Sam Altman Quotes) 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 Quotes) Move fast. Speed is one of your main advantages over large competitors.  (Sam Altman Quotes) A winning team feels good and keeps winning. A team that hasn’t won in a while gets demotivated and keeps losing.  (Sam Altman Quotes) You need to figure out what the 2 or 3 most important things are, and then just do those  (Sam Altman Quotes) The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.  (Sam Altman Quotes) It’s difficult to get large groups of people, to the extreme levels of focus and productivity that you need, for a startup to be successful.  (Sam Altman Quotes) Whether or not money can buy happiness, it can buy freedom, and that’s a big deal. Also, lack of money is very stressful.  (Sam Altman Quotes) ... why I said cofounders that aren’t friends really struggle, is that you can’t be focused without good communication.  (Sam Altman Quotes) You need unstoppable people. You want people that are just going to get it done.  (Sam Altman Quotes) Execution gets divided into two key questions: 1) can you figure out what to do and 2) can you get it done.  (Sam Altman Quotes) If you have the opportunity to go be an early employee at a company that’s just going crazy, and you believe it’s the next Facebook or Google, you should go join that company.  (Sam Altman Quotes) Most investors are obsessed with the market size today and they don’t think about how the market is going to evolve.  (Sam Altman Quotes) I prefer to invest in a company that’s going after a small but rapidly growing market than a big but slow growing one.  (Sam Altman Quotes)
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