Sam Altman - How to Succeed with a Startup

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Күн бұрын

Sam Altman, President of Y Combinator, shares his thoughts on how you can succeed with a startup. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! www.startupschool.org/
Chapters (Powered by bit.ly/chapterme-yc) -
00:00:00 Introduction
00:00:11 A product so good people tell friends
00:00:53 Easy to understand
00:01:13 Exponential growth in market
00:02:00 Real trends vs Fake trends
00:03:30 Evangelical founder
00:04:04 Ambitious vision
00:04:22 Hard startup vs Easy Startup
00:05:34 Confident and definite view of future (but flexible!)
00:06:10 Huge if it works
00:06:30 Team (non-obvious insights)
00:07:20 - Optimists!
00:07:47 - Idea generators
00:08:16 - ‘We’ll figure it out’
00:08:50 - ‘I’ve got it’
00:09:08 - Action bias
00:09:34 - The blessing or inexperience
00:10:16 Momentum
00:11:04 Competitive advantage
00:11:46 Sensible business model
00:12:04 Distribution strategy
00:12:20 Traits of best founders - Frugality, focus, obsession, love
00:12:46 Why startups win
00:13:13 - One no vs One yes
00:14:06 - Fast-changing markets
00:14:43 - Platform shifts
00:15:46 End

Пікірлер: 728

@chapterme Жыл бұрын

Chapters (Powered by ChapterMe) - 00:00 - Introduction 00:11 - A product so good people tell friends 00:53 - Easy to understand 01:13 - Exponential growth in market 02:00 - Real trends vs Fake trends 03:30 - Evangelical founder 04:04 - Ambitious vision 04:22 - Hard startup vs Easy Startup 05:34 - Confident and definite view of future (but flexible!) 06:10 - Huge if it works 06:30 - Team (non-obvious insights) 07:20 - - Optimists! 07:47 - - Idea generators 08:16 - - ‘We’ll figure it out’ 08:50 - - ‘I’ve got it’ 09:08 - - Action bias 09:34 - - The blessing or inexperience 10:16 - Momentum 11:04 - Competitive advantage 11:46 - Sensible business model 12:04 - Distribution strategy 12:20 - Traits of best founders - Frugality, focus, obsession, love 12:46 - Why startups win 13:13 - - One no vs One yes 14:06 - - Fast-changing markets 14:43 - - Platform shifts 15:46 - End

@RR-et6zp Жыл бұрын

its common sense

@DiscJockeyJablan Жыл бұрын

@@RR-et6zp You’d be surprised how uncommon “common” sense is.

@flynntaggart7216 Жыл бұрын

@@RR-et6zp Karen's and specialy American Karen's doesn't have "common sense"

@shaggyfeng9110 Жыл бұрын

@@RR-et6zp No, it is not. Common sense gives you wishful conclusions. Analytical thinking gets you factual thinking. If your common sense is good, you should be able to get a high income and a wonderful girlfriend and an easy life by default.

@RR-et6zp Жыл бұрын

@@shaggyfeng9110 its common sense

@rickr937 Жыл бұрын

It is so crazy that basically every point he is talking about applies to himself in OpenAI now. Congrats Mr. Altman :)

@vinosamari Жыл бұрын

I literally came to type that. It's so relevant over time.

@RonanMcGovern Жыл бұрын

I wonder how he answers (answered) those questions for Worldcoin

@adamfattal9602 Жыл бұрын

How is it crazy lol it's literally the same person

@rickr937 Жыл бұрын

@@adamfattal9602 I did not mean LITERALLY crazy but rather impressive and admirable. You could infer this by the rest of my comment lol

@adamfattal9602 Жыл бұрын

@@rickr937 Yeah Ik what you mean was just doing some youtube comment trolling lol. I wouldn't call it impressive, but certainly is admirable.

@saiz996 Ай бұрын

His entire speech is so dense, like he intuitivly think and speak this efficient. Probably for a lot programming and time being a CEO

@haroldpierre1726 5 ай бұрын

Now that he is at OpenAI, this visionary speech is proving prophetic. He has delivered everything he mentioned in this speech.

@usman6857 5 ай бұрын

Sam Altman honestly shared cores to succeed in competitive environment as well as personal adviosry. Steve Jobs also had such courage & expressed openly as mentor for all.

@magicalpodium 5 ай бұрын

Wow. This guyyyy spoke everything into existence. I know there has been some drama at OpenAI lately, but the entire staff rallied around him. It tells me he is doing something right at the company.

@wasimullah1875 5 жыл бұрын

This lecture was like a crux of years of hard work. Incredible!

@thetobyg Жыл бұрын

I saw Jesus too!

@stevenjulia4730 Жыл бұрын

This is what it is.

@RR-et6zp Жыл бұрын

its common sense

@turolretar Жыл бұрын

You can’t learn this stuff from a lecture

@altaccount692 5 ай бұрын

@@RR-et6zp 20/20 hindsight, yes it seems like common sense but then how come you aren't out there saying the same stuff without having listened to this? This guy is in the industry and has had the experience to know which common sense is sensical and which isn't.

@jamesmcginn6291 5 жыл бұрын

Wow. This one video is better than 50 books. (And a lot easier to digest.)

@4inShopper 4 жыл бұрын

I had to master frugality before my latest startup and now I got it! I was so comfortable until I pushed myself into an uncomfortable space (read: broke!!!) refusing work from anyone other than for my business, I learnt the value of a dollar, I know what things cost, and I think of how can I solve problems without spending a dime...and now I know I can win. If you are comfortable and starting a startup (have savings, rent paid for 3 months, etc.) you must figure out how to sacrifice that comfort for hunger because without that hunger you won't be BIG.

@MB561 5 жыл бұрын

I'm critical about almost everyone. But sam altman is one of the few you just listen and learn. Sam is impressive. Such good knowledge comes from him.

@adamlee9347 5 жыл бұрын

Yeah Paul Graham chose the right guy

@syedumair4622 5 жыл бұрын

Of course he founded Open AI wih elon musk

@red-baitingswine8816 4 жыл бұрын

I'm old - neither entrepreneur nor programmer - but like to dream about new businesses/coops. Everything he (and Musk (inspiring)) says makes sense and is liberating/encouraging.

@wdai03 3 жыл бұрын

@@adamlee9347 pg really loves this guy lol.

@Zo-hc2fn 3 жыл бұрын

I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app.

@mallorygurecki983 Жыл бұрын

I have come to realize this man has so much wisdom and strength. He’s given me a lot to digest about the future.

@marcelchastain8661 2 жыл бұрын

Best video I’ve seen so far on the mindset needed for a successful startup.

@23rasputin Жыл бұрын

A real value bomb. Lucidly explained and will surely act like wake up call for the hard days. Thanks YC and Thanks Sam.

@daveb4446 Жыл бұрын

One of the best startup talks ever.

@chasepalmieri 5 жыл бұрын

Sam's been lifting some weights!

@nykidls 5 жыл бұрын

Or playing with his swords

@kwamina_dare 5 жыл бұрын

Tell me bout it!!!! Nice!!

@elitem3 4 жыл бұрын

No lie there he is looking jacked

@timothy790110 3 жыл бұрын

hes like Dinesh in s06

@Ausiedundan 3 жыл бұрын

@@nykidls playing with weighted swords lol

@andresbf830 5 жыл бұрын

Thank you Sam Altman in particular, and YCombinator in general for the effort you are putting into this MOOC. THIS IS GOLD ♥ ♥

@RR-et6zp Жыл бұрын

its common sense

@quintacaylor1382 5 жыл бұрын

This is really great stuff! Had to keep pausing to digest, then rewind to re-ingest. Listening all over again this weekend to take notes. Thanks so much for sharing such rich knowledge with the world

@thetobyg Жыл бұрын

You are not supposed to eat him!

@King-xs4tq Жыл бұрын

Bahi apne khubasurati ka raaz to batao

@XShollaj Жыл бұрын

A true visionary. The principles he mentions are timeless

@Sondre7 5 жыл бұрын

Wow. This is extremely high quality, so many new and good ideas!

@dresnicetv4584 5 жыл бұрын

Great punch line: Build what is cool; remarkable and easy to describe!

@simonserna966 4 ай бұрын

I had to restart this video and start taking notes! I didn’t plan to stumble across absolute gold

@diegomiranda8516 5 жыл бұрын

Great, thank you. Wistful to put everything on test the next winter. Congratulations for the hard work Sam (bigger and better).

@RR-et6zp Жыл бұрын

its common sense

@giladbenyehuda8960 Жыл бұрын

Wow, I'm so glad I came across this, so helpful and well articulated!

@wallstreetvision Жыл бұрын

Great summary and love the mental models Sam used here. Valuable themes to think about for any content creator or startup founder.

@RR-et6zp Жыл бұрын

its common sense

@jasper5394 Жыл бұрын

your name is cringe

@almanibamortezaafzali 2 ай бұрын

every year i came here and watch this. Thanks for this great lecture.

@sashafroyland 5 ай бұрын

Thank you, Sam. Very helpful. A gut check to ensure we are aligned with asymmetric risk versus reward. I’ve got it!

@paramutjeasakul5537 Жыл бұрын

Aged like a fine wine. Came back after ChatGPT went live!

@ankitparker7234 10 ай бұрын

My favourite KZfaq channel and the best KZfaq channel of all all the time thank you Sam alt man

@Creative_Musician 5 ай бұрын

This is one of the most useful video available on KZfaq for startups ❤

@thesolpurpose3109 2 жыл бұрын

The beginning minute

@hiteshita 3 ай бұрын

What a stunning speech by Sam Altman on Startups, He summed it up so well! 👏👏 No wonder Open AI has achieved enormous success in such a short period of time under his incredible leadership and of course the people/teams.

@dgaston 5 жыл бұрын

Most impactful startup video I've seen!

@codemathics 4 жыл бұрын

This is incredible. Thank you so much!

@anakobe Жыл бұрын

And 4 years after, OpenAI's success is enough result to prove why these ideas work!

@RR-et6zp Жыл бұрын

its common sense

@shreyasbhatt7112 Жыл бұрын

@@RR-et6zp where is your successful startup.

@RR-et6zp Жыл бұрын

@@shreyasbhatt7112 programming it. Life is a zero sum game. It is common sense

@Asty__ Жыл бұрын

@@shreyasbhatt7112 Also want to state that it's not because we know something that we do it

@CogitoRetroVirus Жыл бұрын

So much knowledge destilled to a just one nice cup of tea 🍵. Blows my mind !

@cslow758 2 жыл бұрын

Best structured checklists for startups 👍👍

@shrewd7795 5 ай бұрын

Dude got fired and hired again and youtube decides to show this video to me out of no where.

@GreenDriveIndia 5 ай бұрын

Same here

@KrisVisva 5 ай бұрын

KZfaq AI money-generating algorithm kicks in... soon this video will have a few million hits.

@ahmadrafiwirana6315 Жыл бұрын

Sam always present the best idea. thank you

@HussamMohsineh 5 жыл бұрын

One of the most important topics ,, thank you :)

@makabongwemetuso6977 5 жыл бұрын

So not only should one have a great product, but foresight is also important

@guiller2371 2 ай бұрын

This is very insightful. Some of the points you present are those things we tend to believe to be true until we face them. For instance; what makes a great team.

@runggp 3 жыл бұрын

so valuable! great thanks for sharing the talk!

@amdalasfoor 5 жыл бұрын

loads of stuff are coming from Zero to One book by Peter Thiel.. which is AMAZING!! keep it up

@pakaponwiwat2405 8 ай бұрын

This is pure gold. Thanks a lot!

@nauticnomad7528 5 жыл бұрын

This was so encouraging and also inspiring. Thank you Sam!

@RR-et6zp Жыл бұрын

its common sense

@aalvarez2914 6 ай бұрын

@@RR-et6zpit’s common sense applied by someone who practices what he preaches. That’s a bit rarer.

@pathmonkofficial 10 ай бұрын

Great work. Amazing to see all the hard work gone into OpenAI.

@SaribKhanUX Жыл бұрын

He is really a straightforward person just like Chatgpt

@huseyinasan Жыл бұрын

Inspiring and informational, thank you very much Sam! :))

@PatrickTheobald 5 жыл бұрын

Thanks a lot for sharing your thoughts!

@hussamalshamaily5441 5 жыл бұрын

Thank you for sharing these info.

@abdulansaritanveer 3 жыл бұрын

You are a tech guy and a good trainer.. You delivered your talk in the first sentence. Im a trainer too and I do the same

@RR-et6zp Жыл бұрын

its common sense

@mackinyoungin 3 ай бұрын

Incredible insights packed into such a concise presentation. All the more impressive in light of recent events with OpenAI. Colour me inspired.

@melkaouianas5633 Жыл бұрын

Everyone wil be watching Altman's videos now🎉

@octachron_ios_drum_sequencer Жыл бұрын

Oh yes, we can learn a lot from that. Thank you very much! 😊

@haotang1396 Жыл бұрын

Great to see him in OpenAI! One of the best lecture in YC history.

@RiwenX Жыл бұрын

Not-so-OpenAI.

@chan90s Жыл бұрын

This never gets old

@obinnaaguwa 5 ай бұрын

It such a coincidence that I am seeing this video for the first time on the news of Sam’s ousting from OpenAI.

@luskira 5 ай бұрын

This will have an influx of new people in no time

@dorinbivolaru3330 2 жыл бұрын

Thank you Sam. I've got it!

@NishantSharmaNT 4 жыл бұрын

Brilliant talk. Loved it.

@helloryantanaka Жыл бұрын

Great talk. Thank you for sharing.

@shaykhchilly8529 5 жыл бұрын

I love this! Thank you for making the obvious so clear. (Not a dig.) I’m genuinely smacking my forehead and saying of course! I have been over analyzing like a jackass.

@tarunommadan Жыл бұрын

Thanks Sam for this video.

@BrianSchoedel 5 жыл бұрын

Great presentation and useful insights!

@salioubhouria Жыл бұрын

Simple and to the point

@kevinkang4427 3 жыл бұрын

Love the speaker jumping straight into it

@vinaynk 5 ай бұрын

Watching this after the drama of the last weekend is quite funny.

@anabernardo4430 25 күн бұрын

Bravo, Mr. Altman😊

@rambapat588 4 ай бұрын

The thing he said about momentum is very true, I personally am finding it hard to put momentum back...

@The.Recommend 29 күн бұрын

Essential Handbook for beginners ❤

@FreezySkillz 5 жыл бұрын

Sam altman be hitting the gym!

@lenso010 4 жыл бұрын

Very detailed insider video. Thanks

@pigeon-fd5zq 11 ай бұрын

4 years after altman is now a hero congrats of his revolutionary idea chatgpt

@coulie27 9 ай бұрын

Simple and brilliant

@tropibell 10 ай бұрын

Thank you Sam!

@jaywalker11 3 жыл бұрын

Thank you. This is amazing.

@club6525 Жыл бұрын

1. 80% of the work is making a product so great that people spontaneously share 2. It must be easy to explain and sound interesting because if it isn't, it means the need is not big enough or that your thinking is unclear 3. Look for a market with exponential growth (one that will grow every year) and ride the wave 4. Real trends that will happen are ones that early adopters obsessively use and rave about and fake trends are ones that aren't used enough 5. An evangelical founder who can talks to the press and infect the world 6. Have an ambitious vision but not too grandiose. Grow it organically as your startup grows 7. Be confident and definite in your vision but be flexible 8. You need optimists 9. You need idea generators but not too many (most of them will be bad) 10. Persevere with spirit that you can overcome 11. Be biased towards action (move fast) 12. Never lose momentum 13. A strong competitive advantage (long-term) 14.

@_Aarius_ 5 ай бұрын

It's funny to see this vid recommended now, lol

@danielfolley Жыл бұрын

Thanks Sam, this is gold!

@ClaudioPascual Жыл бұрын

Easy to say when you are in the right place at the right time

@cptbaker 8 ай бұрын

2018 Sam Altman: This is how to be a successful startup. 2023 Sam Altman in front of Congress: We may have succeeded too much and we now need oversight.

@Shubhambapna-way2success 5 жыл бұрын

Thanks Sam ❤️

@hooverelondono9946 5 жыл бұрын

Outstanding presentation outstanding

@yashgulave8366 3 жыл бұрын

When building a team, don't just hire smart people. Of course, it's important to hire smart people, but they should also the people who care for the product and company.

@shancunma6001 5 ай бұрын

Yep.

@jonassteinberg3779 2 жыл бұрын

Sensible and highly distilled.

@deonrichardson5250 Жыл бұрын

Love this!! 💯

@FelipeCM123 10 ай бұрын

Very helpful! Thank you!

@tomeastman3687 5 жыл бұрын

Boom! Sammy's been hitting the gym

@Mk--- 6 ай бұрын

this video is gold

@noobkro 2 жыл бұрын

Thank you!

@teriyakov 4 жыл бұрын

Great talk!

@ryancurryflynn 5 ай бұрын

I bet this guy will be really successful one day.

@AlethiaAustin Жыл бұрын

Really insightful!

@observer372 4 жыл бұрын

Great presentation style

@amortalbeing 5 ай бұрын

this was really good ❤

@ultrafluent3653 11 ай бұрын

The reality is that most successful people don't actually know the exact formula for their success, and it's not because they don't want to share the secret. It's primarily because they themselves are unsure of the precise path they took to succeed. They simply did what they believed would be beneficial to promote their product or achieve their goals. The problem arises when people attempt to replicate someone else's success, not realizing that the same strategies may not work for them due to various factors such as timing, location, language, and competency. As for startups like Y Combinator and others, their primary objective is to attract as many people as possible, as they are actively seeking to acquire more customers just like any other startup. Therefore, the employees of these startups will do their best to convince you to join them.

@mat_leo Жыл бұрын

Why is Sam Altman so jacked here? Smart, fit and wise. Deadly combo.

@FARMAD78 9 ай бұрын

This guy looks smart. Hope he starts a successful startup someday.

@mohammedkaka5558 6 ай бұрын

This is the guy that does what he says!!!...we are all Witnesses

@distrologic2925 Жыл бұрын

10:19 This is why I think the Rust language is actually more challenging for startups, because it allows for less "rule bending" to maybe squeeze out some short term velocity. Rust may give you a better product quicker, but you will have to pull through longer valleys where your product doesn't show progress, because you are deep in the code working on the next milestone.

@muhsinkhalif3621 5 ай бұрын

Good luck getting people who program in that language 😅

@distrologic2925 5 ай бұрын

@@muhsinkhalif3621 someone has to start. why would I want to use an outdated language that makes my job harder?

@muhsinkhalif3621 5 ай бұрын

@@distrologic2925 never mind I thought you were advocating for it. These days pretty much any language that doesn't come with scaffolding frameworks won't be adopted quickly. Rust sounds like java.

@distrologic2925 5 ай бұрын

@@muhsinkhalif3621 No I don't think so.. there are enough people willing to invest into a better future. If we had a perfect language for every job already we wouldnt need to create new ones. I am very glad that I don't have to use C++ or Javascript for what I am doing. And with time Rust will be more usable for the browser aswell, as Webassembly is already supported by most browsers