Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups. - Sam Altman #AI #Motivation #Entrepreneurship #YCombinator #YCstartups #DreamBig #BuildYourTeam
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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... you want to be proud of how much you can get done with a small numbers of employees. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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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 #AI #Motivation #Entrepreneurship #YCombinator #YCstartups #BuildYourTeam #BuildDifferent
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At the beginning, you should only hire when you have a desperate need to. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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... companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it... - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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If you compromise and hire someone mediocre you will always regret it. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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A single mediocre hire in the first five will often in fact kill a startup. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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The cost of getting an early hire wrong is really high. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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If you compromise in the first five, ten hires it might kill the company. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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... you should be able to describe any employee as an animal at what they do. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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You need unstoppable people. You want people that are just going to get it done. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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People that are really smart and that can learn new things can almost always find a role in the company as time goes on. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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Many founders hire just because it seems like a cool thing to do, and people always ask how many employees you have. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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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 #AI #Motivation #Entrepreneurship #BuildYourTeam #ThinkDifferent
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People appreciate when you make an effort to speak their language. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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... why I said cofounders that aren't friends really struggle, is that you can't be focused without good communication. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #StaySharp
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So if you want a culture where people work hard, & pay attention to detail, focus on the customer, are frugal: you have to do it yourself. - Sam Altman #AI #Motivation #Entrepreneurship #DoTheWork #BuildYourTeam
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Most founders have not managed people before, and they certainly haven't managed managers. - Sam Altman #AI #Motivation #Entrepreneurship #CEOmindset #BuildYourTeam #MakeItHappen
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I don't think people spend nearly enough time thinking about what they like and what they're good at. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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I believe whatever smart, ambitious people are working on will be the trend of the future. I do think that it's worth thinking critically about what the future will be. - Sam Altman #AI #Motivation #Entrepreneurship #DreamBig #BuildYourTeam
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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I grew up with a computer, and many of my friends were people I met online. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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Employees will only add more value over time. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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... we talk to a team, they've gotten new things done, that's the best predictor we have that a company will go on to be successful. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #BuildDifferent
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One thing that founders forget is that after they hire employees, they have to retain them. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #MakeItHappen
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There's at least a hundred times more people with great ideas than people that are willing to put in the effort to execute them well. - Sam Altman #AI #Motivation #Entrepreneurship #BuildYourTeam #ThinkDifferent
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