Sam Altman Quotes
- The natural state of a start-up is to die; most start-ups require multiple miracles in their early days to escape this fate.
- One thing I tell startups all the time is that the best way to grow is to make their product better.
- Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
- Growth solves (nearly) all problems
- Keep salaries low and equity high. Keep the organization as flat as you can.
- No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
- You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all…
- Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
- Share results (financial and key metrics) with the company every month.
- Move fast. Speed is one of your main advantages over large companies.
- Remember that you are more likely to die because you execute badly than get crushed by a competitor.
- Obsess about the quality of the product.
- If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's…
- In general don't start a startup you're not willing to work on for ten years.
- It's better to have a few users love your product than for a lot of users to sort of like it.
- 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.
- Every company has a rocky beginning.
- As long as you keep doing the right thing and have the best product, you can beat the bigger company.
- The startups that do well are the ones that are working all the time.
- Great execution is at least 10 times more important and a 100 times harder than a good idea…