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 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 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.
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.
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.
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.
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.
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.
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
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.
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.
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.
7:10 All successful founders go through a transition from where you go from building a product to building a company, and building a company really is all about the team. 7:20 The whole world will be telling you why you will fail as a startup, so if you don't have that internal fire of belief - if you don't have people who say, we ARE going to do this, figure it out, and this problem must be solvable - if you don't have the SPIRIT of OPTIMISM on the team, it's very hard to succeed when the world continues to punch you in the face.
@@christopherarmstrong2710 Vast majority fail. Thats simple business stats... do you think there is some magic business energy that they needed in order to succeed? a hugh fail rate it part of modern businees and a just a few make it. The few make it look like everyone could succeed because we never learn the names of the failed ones.
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
its common sense
@@RR-et6zp You’d be surprised how uncommon “common” sense is.
@@RR-et6zp Karen's and specialy American Karen's doesn't have "common sense"
@@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.
@@shaggyfeng9110 its common sense
It is so crazy that basically every point he is talking about applies to himself in OpenAI now. Congrats Mr. Altman :)
I literally came to type that. It's so relevant over time.
I wonder how he answers (answered) those questions for Worldcoin
How is it crazy lol it's literally the same person
@@adamfattal9602 I did not mean LITERALLY crazy but rather impressive and admirable. You could infer this by the rest of my comment lol
@@rickr937 Yeah Ik what you mean was just doing some youtube comment trolling lol. I wouldn't call it impressive, but certainly is admirable.
His entire speech is so dense, like he intuitivly think and speak this efficient. Probably for a lot programming and time being a CEO
This lecture was like a crux of years of hard work. Incredible!
I saw Jesus too!
This is what it is.
its common sense
You can’t learn this stuff from a lecture
@@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.
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.
Wow. This one video is better than 50 books. (And a lot easier to digest.)
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.
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.
Yeah Paul Graham chose the right guy
Of course he founded Open AI wih elon musk
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.
@@adamlee9347 pg really loves this guy lol.
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.
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.
Now that he is at OpenAI, this visionary speech is proving prophetic. He has delivered everything he mentioned in this speech.
Dude got fired and hired again and youtube decides to show this video to me out of no where.
Same here
UA-cam AI money-generating algorithm kicks in... soon this video will have a few million hits.
Sam's been lifting some weights!
Or playing with his swords
Tell me bout it!!!! Nice!!
No lie there he is looking jacked
hes like Dinesh in s06
@@nykidls playing with weighted swords lol
I had to restart this video and start taking notes! I didn’t plan to stumble across absolute gold
I have come to realize this man has so much wisdom and strength. He’s given me a lot to digest about the future.
A real value bomb.
Lucidly explained and will surely act like wake up call for the hard days.
Thanks YC and Thanks Sam.
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
You are not supposed to eat him!
Bahi apne khubasurati ka raaz to batao
Best video I’ve seen so far on the mindset needed for a successful startup.
A true visionary. The principles he mentions are timeless
One of the best startup talks ever.
Thank you Sam Altman in particular, and YCombinator in general
for the effort you are putting into this MOOC. THIS IS GOLD
♥ ♥
its common sense
Wow. This is extremely high quality, so many new and good ideas!
Great summary and love the mental models Sam used here. Valuable themes to think about for any content creator or startup founder.
its common sense
your name is cringe
Great, thank you. Wistful to put everything on test the next winter. Congratulations for the hard work Sam (bigger and better).
its common sense
Great punch line: Build what is cool; remarkable and easy to describe!
Wow, I'm so glad I came across this, so helpful and well articulated!
every year i came here and watch this. Thanks for this great lecture.
Aged like a fine wine. Came back after ChatGPT went live!
This is one of the most useful video available on UA-cam for startups ❤
One of the most important topics ,, thank you :)
Thank you, Sam. Very helpful. A gut check to ensure we are aligned with asymmetric risk versus reward.
I’ve got it!
And 4 years after, OpenAI's success is enough result to prove why these ideas work!
its common sense
@@RR-et6zp where is your successful startup.
@@shreyasbhatt7112 programming it. Life is a zero sum game. It is common sense
@@shreyasbhatt7112 Also want to state that it's not because we know something that we do it
The beginning minute
Most impactful startup video I've seen!
My favourite UA-cam channel and the best UA-cam channel of all all the time thank you Sam alt man
This is incredible. Thank you so much!
He is really a straightforward person just like Chatgpt
This was so encouraging and also inspiring. Thank you Sam!
its common sense
@@RR-et6zpit’s common sense applied by someone who practices what he preaches. That’s a bit rarer.
Sam always present the best idea. thank you
Best structured checklists for startups 👍👍
so valuable! great thanks for sharing the talk!
So much knowledge destilled to a just one nice cup of tea 🍵. Blows my mind !
Great work. Amazing to see all the hard work gone into OpenAI.
Inspiring and informational, thank you very much Sam! :))
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.
Bravo, Mr. Altman😊
So not only should one have a great product, but foresight is also important
Everyone wil be watching Altman's videos now🎉
Thanks a lot for sharing your thoughts!
Oh yes, we can learn a lot from that. Thank you very much! 😊
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.
Thank you for sharing these info.
Essential Handbook for beginners ❤
loads of stuff are coming from Zero to One book by Peter Thiel.. which is AMAZING!! keep it up
Brilliant talk. Loved it.
Simple and to the point
This never gets old
Great to see him in OpenAI! One of the best lecture in YC history.
Not-so-OpenAI.
This will have an influx of new people in no time
Great talk. Thank you for sharing.
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
its common sense
It's funny to see this vid recommended now, lol
This is pure gold. Thanks a lot!
Thank you Sam!
Watching this after the drama of the last weekend is quite funny.
Thank you Sam. I've got it!
Great presentation and useful insights!
Thanks Sam for this video.
Love the speaker jumping straight into it
Thank you. This is amazing.
It such a coincidence that I am seeing this video for the first time on the news of Sam’s ousting from OpenAI.
Incredible insights packed into such a concise presentation. All the more impressive in light of recent events with OpenAI. Colour me inspired.
Very detailed insider video. Thanks
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.
Outstanding presentation outstanding
Thanks Sam ❤️
Thanks Sam, this is gold!
Simple and brilliant
4 years after altman is now a hero congrats of his revolutionary idea chatgpt
Sensible and highly distilled.
Sam altman be hitting the gym!
Thank you!
Thanks
Love this!! 💯
Great talk!
Very helpful! Thank you!
Easy to say when you are in the right place at the right time
The thing he said about momentum is very true, I personally am finding it hard to put momentum back...
Great presentation style
Thank Sam, amazing
Really insightful!
"He's just an investor, not an entrepreneur!"
Sam "hold my beer"
Boom! Sammy's been hitting the gym
this video is gold
I bet this guy will be really successful one day.
7:10 All successful founders go through a transition from where you go from building a product to building a company, and building a company really is all about the team.
7:20 The whole world will be telling you why you will fail as a startup, so if you don't have that internal fire of belief - if you don't have people who say, we ARE going to do this, figure it out, and this problem must be solvable - if you don't have the SPIRIT of OPTIMISM on the team, it's very hard to succeed when the world continues to punch you in the face.
Nearby all Startups have that "we are going to do this" hype train and 95% fail anyways.
@@lowruna That’s a nihilistic attitude. Why start anything at all in that case?
@@christopherarmstrong2710 Vast majority fail. Thats simple business stats... do you think there is some magic business energy that they needed in order to succeed? a hugh fail rate it part of modern businees and a just a few make it. The few make it look like everyone could succeed because we never learn the names of the failed ones.
@@christopherarmstrong2710 There's a fine line between being brain washed and being optimistic.
@@acruzp How is being "brainwashed" even relevant to this conversation?
legend.
Great video. Thanks.
this was really good ❤
Pure gold
This guy looks smart. Hope he starts a successful startup someday.