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
keys metrics months
Share results (financial and key metrics) with the company every month.
life-and-death long succeed
Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
organization salary lows
Keep salaries low and equity high. Keep the organization as flat as you can.
firsts scared starting
Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
moving speed advantage
Move fast. Speed is one of your main advantages over large companies.
remember crushed competitors
Remember that you are more likely to die because you execute badly than get crushed by a competitor.
experts needs domain
You need someone that behaves like James Bond more than you need someone that is an expert in some particular domain.
ideas looks stealing
The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
successful people enthusiasm
Study the unusually successful people you know, and you will find them imbued with enthusiasm for their work which is contagious. Not only are they themselves excited about what they are doing, but they also get you excited
way grows one-thing
One thing I tell startups all the time is that the best way to grow is to make their product better.
seems
Most things are not as risky as they seem.
winning best-experiences products
You can win with the best product, the best price, or the best experience.
ideas important execution
Great execution is at least 10 times more important and a 100 times harder than a good idea…
long beats bigger
As long as you keep doing the right thing and have the best product, you can beat the bigger company.