If a company is profitable, the founder is in control. If it's not, investors are in control.
Sam AltmanRead
If you have the opportunity to go be an early employee at a company that's just going crazy, and you believe it's the next Facebook or Google, you should go join that company.
Interpretation
Joining a rapidly growing company can lead to significant career success if you believe in its potential.
This quote by Sam Altman emphasizes the value of seizing opportunities when they arise, especially in the context of joining a promising startup that shows signs of explosive growth. By equating such opportunities to becoming part of giants like Facebook or Google, Altman encourages individuals to take calculated risks in their careers to capitalize on potential success and innovation.
In practice
During a career workshop, you might use this quote to inspire young professionals to consider joining emerging companies.
If a company is profitable, the founder is in control. If it's not, investors are in control.
It's so important for startups to get their culture right at the start. They need to feel unique and that they are on their own important mission in the world.
Seed investing is the status symbol of Silicon Valley. Most people don't want Ferraris, they want a winning seed investment.
People always make the mistake of calling an idea small or stupid because they don't understand how it's going to evolve.
Technology magnifies differences, and it's been replacing or obviating jobs for a long time. But what happens as that case accelerates? I'm not one of these doomsayers who says, 'There will be no jobs.'
All companies that grow really big do so in only one way: people recommend the product or service to other people.
Ninety percent of all millionaires become so through owning real estate.
A lack of money is never, ever, ever a problem. A lack of money is merely a symptom of what is going on underneath.
The media wants overnight successes (so they have someone to tear down). Ignore them. Ignore the early adopter critics that never have enough to play with. Ignore your investors that want proven tactics and predictable instant results. Listen instead to your real customers, to your vision and make something for the long haul. Because that's how long it's going to take, guys.
As soon as I came to L.A., things immediately shifted for me. I was now actually here with the people who were making the decisions; I wasn't out in New York sending in tapes to L.A.
My proudest moment? Every Friday morning when I look at the board at Celtic Park and see my name on the team sheet for tomorrow's game.
Every person who wins in any undertaking must be willing to cut all sources of retreat. Only by doing so can one be sure of maintaining that state of mind known as a burning desire to win - essential to success.
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