Sam Altman Needs Quotations

Generally, you want to raise capital either when you have to or when it's really easy. If the company desperately needs money, and they can't figure out any other way, then they need to raise money. Or if someone's offering you easy money on good terms, you should take it because you can use it for good things.

You need someone that behaves like James Bond more than you need someone that is an expert in some particular domain.

If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.

The company just needs to see you as like this maniacal execution machine.

At the beginning, you should only hire when you have a desperate need to.

You need to figure out what the 2 or 3 most important things are, and then just do those.

You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.

Founders need to figure out what the message of the company is going to be.

You certainly don't need to have everything figured out in the path from here to world domination.

Someday, you need to build a business that's difficult to replicate. This is an important part of a good idea.

You need this sort of a tailwind to make a startup successful.

In general, it's best if you're building something that you yourself need.

You need conviction in your own beliefs, and the willingness to ignore others naysaying.

If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.