Sam Altman - How to Succeed with a Startup

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  • Опубликовано: 14 май 2024
  • 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
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Комментарии • 728

  • @chapterme
    @chapterme Год назад +282

    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
      @RR-et6zp Год назад +3

      its common sense

    • @DiscJockeyJablan
      @DiscJockeyJablan Год назад +9

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

    • @flynntaggart7216
      @flynntaggart7216 Год назад +5

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

    • @shaggyfeng9110
      @shaggyfeng9110 Год назад +5

      @@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
      @RR-et6zp Год назад +1

      @@shaggyfeng9110 its common sense

  • @rickr937
    @rickr937 Год назад +2047

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

    • @vinosamari
      @vinosamari Год назад +29

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

    • @RonanMcGovern
      @RonanMcGovern Год назад +8

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

    • @adamfattal9602
      @adamfattal9602 Год назад +11

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

    • @rickr937
      @rickr937 Год назад +13

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

    • @adamfattal9602
      @adamfattal9602 Год назад +3

      @@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
    @saiz996 Месяц назад +15

    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
    @haroldpierre1726 5 месяцев назад +113

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

  • @wasimullah1875
    @wasimullah1875 5 лет назад +717

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

    • @thetobyg
      @thetobyg Год назад +3

      I saw Jesus too!

    • @stevenjulia4730
      @stevenjulia4730 Год назад +2

      This is what it is.

    • @RR-et6zp
      @RR-et6zp Год назад +1

      its common sense

    • @turolretar
      @turolretar Год назад

      You can’t learn this stuff from a lecture

    • @altaccount692
      @altaccount692 5 месяцев назад +3

      @@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.

  • @usman6857
    @usman6857 5 месяцев назад +21

    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
    @magicalpodium 5 месяцев назад +101

    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.

  • @jamesmcginn6291
    @jamesmcginn6291 5 лет назад +102

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

  • @MB561
    @MB561 5 лет назад +236

    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
      @adamlee9347 5 лет назад +4

      Yeah Paul Graham chose the right guy

    • @syedumair4622
      @syedumair4622 5 лет назад +1

      Of course he founded Open AI wih elon musk

    • @red-baitingswine8816
      @red-baitingswine8816 4 года назад +4

      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
      @wdai03 3 года назад

      @@adamlee9347 pg really loves this guy lol.

    • @Zo-hc2fn
      @Zo-hc2fn 3 года назад +4

      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.

  • @marcelchastain8661
    @marcelchastain8661 2 года назад +9

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

  • @mallorygurecki983
    @mallorygurecki983 Год назад +23

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

  • @4inShopper
    @4inShopper 4 года назад +36

    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.

  • @23rasputin
    @23rasputin Год назад +71

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

  • @chasepalmieri
    @chasepalmieri 5 лет назад +436

    Sam's been lifting some weights!

    • @nykidls
      @nykidls 5 лет назад +32

      Or playing with his swords

    • @kwamina_dare
      @kwamina_dare 5 лет назад +3

      Tell me bout it!!!! Nice!!

    • @elitem3
      @elitem3 4 года назад +9

      No lie there he is looking jacked

    • @timothy790110
      @timothy790110 3 года назад +15

      hes like Dinesh in s06

    • @Ausiedundan
      @Ausiedundan 3 года назад +3

      @@nykidls playing with weighted swords lol

  • @Sondre7
    @Sondre7 5 лет назад +14

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

  • @quintacaylor1382
    @quintacaylor1382 5 лет назад +103

    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
      @thetobyg Год назад +4

      You are not supposed to eat him!

    • @King-xs4tq
      @King-xs4tq Год назад

      Bahi apne khubasurati ka raaz to batao

  • @diegomiranda8516
    @diegomiranda8516 5 лет назад +5

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

    • @RR-et6zp
      @RR-et6zp Год назад

      its common sense

  • @simonserna966
    @simonserna966 4 месяца назад +7

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

  • @andresbf830
    @andresbf830 5 лет назад +70

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

    • @RR-et6zp
      @RR-et6zp Год назад

      its common sense

  • @dresnicetv4584
    @dresnicetv4584 5 лет назад +6

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

  • @wallstreetvision
    @wallstreetvision Год назад +28

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

  • @XShollaj
    @XShollaj Год назад +109

    A true visionary. The principles he mentions are timeless

  • @daveb4446
    @daveb4446 Год назад +8

    One of the best startup talks ever.

  • @giladbenyehuda8960
    @giladbenyehuda8960 Год назад +4

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

  • @sashafroyland
    @sashafroyland 5 месяцев назад +2

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

  • @shrewd7795
    @shrewd7795 5 месяцев назад +30

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

    • @GreenDriveIndia
      @GreenDriveIndia 5 месяцев назад

      Same here

    • @KrisVisva
      @KrisVisva 5 месяцев назад

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

  • @ankitparker7234
    @ankitparker7234 10 месяцев назад +1

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

  • @almanibamortezaafzali
    @almanibamortezaafzali 2 месяца назад

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

  • @Creative_Musician
    @Creative_Musician 5 месяцев назад +1

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

  • @dgaston
    @dgaston 5 лет назад +1

    Most impactful startup video I've seen!

  • @thesolpurpose3109
    @thesolpurpose3109 2 года назад

    The beginning minute

  • @codemathics
    @codemathics 4 года назад +1

    This is incredible. Thank you so much!

  • @HussamMohsineh
    @HussamMohsineh 5 лет назад +5

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

  • @CogitoRetroVirus
    @CogitoRetroVirus Год назад

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

  • @anakobe
    @anakobe Год назад +24

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

    • @RR-et6zp
      @RR-et6zp Год назад

      its common sense

    • @shreyasbhatt7112
      @shreyasbhatt7112 Год назад

      @@RR-et6zp where is your successful startup.

    • @RR-et6zp
      @RR-et6zp Год назад +1

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

    • @Asty__
      @Asty__ Год назад

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

  • @nauticnomad7528
    @nauticnomad7528 5 лет назад +15

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

    • @RR-et6zp
      @RR-et6zp Год назад

      its common sense

    • @aalvarez2914
      @aalvarez2914 6 месяцев назад

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

  • @makabongwemetuso6977
    @makabongwemetuso6977 5 лет назад +2

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

  • @ahmadrafiwirana6315
    @ahmadrafiwirana6315 Год назад +1

    Sam always present the best idea. thank you

  • @hiteshita
    @hiteshita 3 месяца назад

    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.

  • @huseyinasan
    @huseyinasan Год назад +1

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

  • @guiller2371
    @guiller2371 2 месяца назад

    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.

  • @cslow758
    @cslow758 2 года назад +1

    Best structured checklists for startups 👍👍

  • @runggp
    @runggp 3 года назад +1

    so valuable! great thanks for sharing the talk!

  • @amdalasfoor
    @amdalasfoor 5 лет назад +9

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

  • @paramutjeasakul5537
    @paramutjeasakul5537 Год назад +15

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

  • @abdulansaritanveer
    @abdulansaritanveer 3 года назад +8

    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
      @RR-et6zp Год назад

      its common sense

  • @pathmonkofficial
    @pathmonkofficial 10 месяцев назад +2

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

  • @octachron_ios_drum_sequencer
    @octachron_ios_drum_sequencer Год назад +1

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

  • @pakaponwiwat2405
    @pakaponwiwat2405 7 месяцев назад

    This is pure gold. Thanks a lot!

  • @shaykhchilly8529
    @shaykhchilly8529 5 лет назад +1

    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.

  • @haotang1396
    @haotang1396 Год назад +3

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

    • @RiwenX
      @RiwenX Год назад

      Not-so-OpenAI.

  • @mackinyoungin
    @mackinyoungin 3 месяца назад

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

  • @BrianSchoedel
    @BrianSchoedel 5 лет назад +1

    Great presentation and useful insights!

  • @PatrickTheobald
    @PatrickTheobald 5 лет назад

    Thanks a lot for sharing your thoughts!

  • @hussamalshamaily5441
    @hussamalshamaily5441 5 лет назад +1

    Thank you for sharing these info.

  • @NishantSharmaNT
    @NishantSharmaNT 4 года назад +1

    Brilliant talk. Loved it.

  • @SaribKhanUX
    @SaribKhanUX Год назад +6

    He is really a straightforward person just like Chatgpt

  • @helloryantanaka
    @helloryantanaka Год назад

    Great talk. Thank you for sharing.

  • @lenso010
    @lenso010 4 года назад +1

    Very detailed insider video. Thanks

  • @dorinbivolaru3330
    @dorinbivolaru3330 2 года назад

    Thank you Sam. I've got it!

  • @tarunommadan
    @tarunommadan Год назад

    Thanks Sam for this video.

  • @chan90s
    @chan90s Год назад +1

    This never gets old

  • @kevinkang4427
    @kevinkang4427 3 года назад

    Love the speaker jumping straight into it

  • @melkaouianas5633
    @melkaouianas5633 Год назад +3

    Everyone wil be watching Altman's videos now🎉

  • @hooverelondono9946
    @hooverelondono9946 5 лет назад +1

    Outstanding presentation outstanding

  • @vinaynk
    @vinaynk 5 месяцев назад +3

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

  • @salioubhouria
    @salioubhouria Год назад +1

    Simple and to the point

  • @rambapat588
    @rambapat588 4 месяца назад

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

  • @luskira
    @luskira 5 месяцев назад +3

    This will have an influx of new people in no time

  • @FreezySkillz
    @FreezySkillz 5 лет назад +6

    Sam altman be hitting the gym!

  • @coulie27
    @coulie27 9 месяцев назад

    Simple and brilliant

  • @ClaudioPascual
    @ClaudioPascual Год назад

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

  • @pigeon-fd5zq
    @pigeon-fd5zq 11 месяцев назад +1

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

  • @jaywalker11
    @jaywalker11 3 года назад

    Thank you. This is amazing.

  • @obinnaaguwa
    @obinnaaguwa 5 месяцев назад +3

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

  • @anabernardo4430
    @anabernardo4430 24 дня назад

    Bravo, Mr. Altman😊

  • @danielfolley
    @danielfolley 11 месяцев назад

    Thanks Sam, this is gold!

  • @The.Recommend
    @The.Recommend 27 дней назад

    Essential Handbook for beginners ❤

  • @tropibell
    @tropibell 10 месяцев назад +1

    Thank you Sam!

  • @jonassteinberg3779
    @jonassteinberg3779 2 года назад

    Sensible and highly distilled.

  • @_Aarius_
    @_Aarius_ 5 месяцев назад +6

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

  • @observer372
    @observer372 4 года назад

    Great presentation style

  • @_sushantprabhu
    @_sushantprabhu Год назад

    THIS IS GOLD, especially watching in 2022 Dec after ChatGPT was out!

  • @FelipeCM123
    @FelipeCM123 10 месяцев назад

    Very helpful! Thank you!

  • @Shubhambapna-way2success
    @Shubhambapna-way2success 5 лет назад

    Thanks Sam ❤️

  • @swamygee
    @swamygee 5 лет назад +3

    Loved the fact that there was no filler material. Everything was conscience and to the point. I have one disagreement. The first point said, make a product that people will talk to about their friends. How about startups/products that cater to businesses?

    • @AMildCaseOfCovid
      @AMildCaseOfCovid Год назад +5

      Agreed, but I suppose the business equivalent of that would be professionals talking about your solution in papers or at conferences, depending on what the product is.

    • @FsimulatorX
      @FsimulatorX 5 месяцев назад

      @@AMildCaseOfCovid you nailed it

  • @teriyakov
    @teriyakov 4 года назад +1

    Great talk!

  • @tomeastman3687
    @tomeastman3687 5 лет назад

    Boom! Sammy's been hitting the gym

  • @distrologic2925
    @distrologic2925 Год назад +2

    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
      @muhsinkhalif3621 5 месяцев назад

      Good luck getting people who program in that language 😅

    • @distrologic2925
      @distrologic2925 5 месяцев назад

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

    • @muhsinkhalif3621
      @muhsinkhalif3621 5 месяцев назад

      @@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
      @distrologic2925 5 месяцев назад

      @@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

  • @noobkro
    @noobkro 2 года назад

    Thank you!

  • @AlethiaAustin
    @AlethiaAustin Год назад

    Really insightful!

  • @deonrichardson5250
    @deonrichardson5250 Год назад

    Love this!! 💯

  • @ryancurryflynn
    @ryancurryflynn 5 месяцев назад +1

    I bet this guy will be really successful one day.

  • @amortalbeing
    @amortalbeing 5 месяцев назад

    this was really good ❤

  • @jsanti1000
    @jsanti1000 Год назад

    Great video. Thanks.

  • @yashgulave8366
    @yashgulave8366 3 года назад +52

    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.

  • @mat_leo
    @mat_leo Год назад

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

  • @selenale7748
    @selenale7748 Год назад

    Thank Sam, amazing

  • @waltondornisch7662
    @waltondornisch7662 4 года назад

    Great and inspiring info...thanks so much...the guns are almost too distracting!

  • @dmmahmud
    @dmmahmud Год назад

    Man who are ahead of time