These are all the steps
Published
Jun 18, 2025
Topic
Founders Journey
Post Written by Vasily Alekseenko
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Everyone's scrambling for the next big thing. AI, blockchain, quantum computing the buzzwords fly, VCs chase, and founders frantically try to build the next unicorn. But amidst the hype and the endless pursuit of the novel, are we missing the fundamental, often unsexy, truths that actually build enduring companies?
Enter Sam Altman. The man who guided Y Combinator through its most explosive growth, invested in countless breakthroughs, and now steers the OpenAI ship. He's seen more startups succeed (and fail) than most of us have had hot dinners. And over the years, he's distilled his wisdom into a "Startup Playbook" that's less about flashy trends and more about bedrock principles.
Here’s the thing: most founders know these principles. They're not groundbreaking secrets whispered in hushed tones at Sand Hill Road. But knowing them and doing them are two radically different things. And that, my friends, is where most startups die.
Let's dissect some of Altman's seemingly obvious, yet universally fumbled, wisdom.
Part I: The Idea (It's Not as Special as You Think)
Altman's first punch: "The best ideas sound bad but are in fact good." And, "Better not to try too actively to force yourself to come up with startup ideas. Learn about different things, practice noticing problems."
Translation: Stop trying to invent the wheel. The next big thing often looks like a toy, or a niche, or something utterly unscalable to the untrained eye. Google was a search engine in a crowded market. Facebook was a college directory. Airbnb was for renting out air mattresses. If your idea sounds universally brilliant from day one, it’s probably already been done, or it's not truly disruptive. Your job isn't to be an inventor, but a problem-noticer. The real hack? Be insatiably curious about the world's friction points.
Part II: A Great Team (The Unstoppable, Communicative Beasts)
"Most important characteristics: unstoppability, determination, formidability, resourcefulness." And the kicker: "Founders that are hard to talk to are almost always bad. Communication is the most important rarely-discussed founder skill."
This is where the rubber meets the road. We all laud "grit," but Altman calls it "unstoppability." It's the pathological refusal to quit, even when the market, investors, and your own doubts are screaming at you. But then he drops the bomb: if you can't communicate, you're toast. You can be the most brilliant coder or visionary, but if you can't articulate your vision, inspire your team, or listen to feedback, your "unstoppability" will lead you straight into a wall. This isn't just a psychological hack; it's an operational imperative.
Part III: A Great Product (The Only Thing That Matters)
"Have a great product. This is the only thing all great companies have in common." And, "If you do not build a product users love you will eventually fail."
Duh, right? But how many founders spend more time fundraising, networking, or polishing their pitch deck than actually talking to users and iterating their product? Altman's advice to "sit in their office if you can" and "recruit initial users one at a time" sounds painfully slow in our scale-at-all-costs era. But it's precisely this obsessive focus on the user, this willingness to get granular, that separates the eventual winners from the glorified brochures. No amount of marketing can fix a product nobody wants.
Part IV: Execution (The Silent Killers)
Growth: "Never lose momentum. Growth solves all problems, lack of growth is not solvable by anything but growth." This sounds simplistic, but it highlights the existential nature of traction. Stagnation is death.
Focus & Intensity: "How to operate if distilled to only two words: focus and intensity." Stop chasing every shiny object. Dominate one thing, then move on. It’s a ruthless prioritization that most founders struggle with, constantly distracted by "opportunities."
Jobs of the CEO: "Distort reality for others but not yourself." You need to be a boundless optimist for your team and investors, but internally, you must be a paranoid realist, preparing for every worst-case scenario. This psychological tightrope walk is what burns out many founders.
Hiring & Managing: "Don't hire early. Employees are expensive and add complexity." And the brutal truth: "Fire quickly. Fire people who are toxic to culture no matter how good they are." This cuts against the "family" culture many startups try to cultivate, but it's about survival. Bad hires are a cancer.
Competitors: "99% of the time, you should ignore competitors. Don't worry until they are beating you with a real, shipped product." Most startups die from suicide (internal dysfunction), not murder (external competition). Focus on your users, not your rivals' press releases.
Making Money: "Get to 'ramen profitability' as quickly as you can." This is the ultimate "eat what you kill" mentality. Don't rely solely on endless VC rounds. Proving your model can generate revenue is the best validation.
Fundraising: "The secret to successfully raising money is to have a good company." Investors fund traction, not just dreams.
Altman's playbook isn't sexy. It's not a shortcut. It's a cold, hard, pragmatic guide built on decades of observing success and failure.
It’s a testament to the idea that building a great company is less about groundbreaking innovation and more about flawlessly executing on seemingly obvious fundamentals.
So, the next time you're chasing the next shiny object, or feeling overwhelmed by a competitor, take a breath. Go back to basics. Are you unstoppably focused on a product your users love, communicating clearly, and getting to ramen profitability? If not, you're missing Sam Altman's actual secret.