• Startup Archive
  • Posts
  • Sam Altman: “This is probably the best time - maybe ever - to be starting your career”

Sam Altman: “This is probably the best time - maybe ever - to be starting your career”

When asked how startup founders should handle a failed venture or pivot, Sam responds:

“First of all, I think this is probably the best time — maybe ever — to be starting out your career because you will get to surf the greatest technological wave, maybe ever. And what that means is you can change course many times because you will have this unbelievable tailwind.”

He advises founders to not get too hung up on any particular setback or failure — or even just changing your mind if you find something more exciting to go after:

“I think this is going to be an unusual time in how much it rewards adaptability and decisive and quick movement. And I would trust that… And not get hung up on the fact that you decided to pivot or something didn’t work because you are just going to be flooded with opportunities for the next few years.”

He concludes:

“It’s still hard. It still always feels like a setback. But take the time you need to go on vacation, go for a hike, or just stew over it for a little while. But when you get back up, get back up with vigor.”

Sam Altman explains the two strategies for startups building on AI “I think fundamentally there are two strategies to build on AI right now. There’s one strategy which is assume the model is not going to get better and build all of these little things on top of it. Then there’s another strategy, which is to build assuming that OpenAI is going to stay on the same trajectory and the models are going to to keep getting better at the same pace. It would seem to me that 95% of the world should be betting on the latter category.” (full article).

Sam Altman explains why founders should start the hard company now “I think a lot of those people, if they would relax that very short time constraint, would go on to make a successful software company and then could do something else. But this thing of, ‘I got to do this thing very quickly to solve this problem, and then I'm going to go start a company, that seems to usually not work.’” (full article).

Sam Altman: “The good founders are people who have ideas all the time” “What we learned is that the good founders are people who have ideas all the time. There’s an intelligence component to this. There’s a creativity component to this. There’s an ability to think independent thoughts component to this. But whatever you want to call this - this particular kind of intelligence that leads to seeing problems in different ways and thinking of ideas that don’t yet exist but should - you’ve got to have that in a founder.” (full article).