Sam Altman
Sam Altman
Samuel H. "Sam" Altmanis an American entrepreneur, programmer, venture capitalist and blogger. He is the president of Y Combinator and co-chairman of OpenAI...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
trying important connections
Developing a personal connection with anyone you're trying to do a big deal with is really important.
years decades
It takes years and years, usually a decade, to create a great startup.
ideas missions advantage
A related advantage of mission oriented ideas, is that you yourself will be dedicated to them.
successful people focus
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.
ideas wish founders
We hear again and again from founders, that they wish they had waited to start a startup until they came up with an idea they really loved.
thinking ideas trying
If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
ideas waiting come-up
Wait to start a startup until you come up with an idea that you feel compelled to explore.
ideas firsts should
The idea should come first, the startup should come second.
advice trying boards
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.
world path needs
You certainly don't need to have everything figured out in the path from here to world domination.
ideas ambitious remember
Remember that the idea will expand, and become more ambitious as you go.
thinking long advantage
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
exercise missing today
Even though plans themselves are worthless, the exercise of planning is very valuable and totally missing in most startups today.
giving-up believe way
If you don't love and believe in what you're building, you're likely to give up at some point along the way.