Chapters (Powered by ChapterMe) - 00:00 - Intro 00:14 - How to Pick What's Important to Work On 01:06 - Finding Your Tribe: Advice on selecting who you are working with 02:52 - How to accomplish big things? 03:40 - Work life balance in your 20's 05:26 - How to Make a Decision About When to Give Up 07:29 - What's the source of motivation for people? 08:36 - Have you noticed the change in what motivates you? 09:10 - Burnout vs Momentum 10:20 - Taking risks and how should people think about it differently 12:50 - Asking what you want and being aggressive 14:39 - Long term willingness to hold on to things 17:22 - Have You Got a Strong Opinion About Things? Or Just Iterating 17:41 - Strong opinion and be flexible at the details 19:55 - Advice for young people 21:06 - Outro
My key takeaways: * In order to choose what to work on, pick something in the intersection of "what you're good at", "what you enjoy" and "where you can create value for the world?" * Simply spending time to help a lot of people, helps identify pockets of people you would like to do a venture with * Working hard early on in life and leveraging the compound effect is grossly underrated * When you have run out of ideas and something is not working, then it is the right time to stop working on that project! * Failures are highly draining, so to stay highly motivated it's important to take breaks when things are not working! * Ask for what you want! * History belongs to doers! * Successful ventures get paid for the massive amount of value they create!
Its so great to have Sam's wisdom all poured out there on this channel. Only a small niche of people were familiar with him prior to last year so I'm sure his talks here are serving a ton of new people like myself.
E di pomeriggio insegnante ai bambini come assassina sono amiche Marcella mele Angela Guido corsi di sabato nei supermercati solo che mandano gli altri loro fanno soldi Marcella mele e cognate in Costa
Six years I started my journey, and this video refilled that confidence in me by making me feel like he was talking to my “day 1” - self. Thanks, Sam and Jack. I needed this.
I decided to try finding earlier interviews of Sam Altman to help me work through some of my biases. Not as effective as talking/listening in person, yet atleast it's available. We are (and aren't!) the total sum of our past, present and future. He was quite insightful in this interview on a lot of points, honestly!!! I appreciated listening. Working through biases is the equivalent of reevaluating situations when presented new data, checking if it is valid/repeatable, etc. Can't always rely on strong opinions to be accurate or lead the best course of action. ''What you're good at & what the world needs'' -- Sometimes people don't get the chance to develop themselves in regards to what they are good at (could be good at through practice) for various reasons/contexts. What the world needs, well we almost have to look at it from a primitive aspect of meeting one's basic needs due to us all having different perceptions and trying to bring that in today's world which means taking into account all of the current systems.
The right time to stop is when something is not working and you've run out of ideas. I really love actionable insights. Most insights in general are too generic and not actionable. Thanks for this, Sam!
3 advices for your early career - Persistence｜Most people quit too early and don’t take enough risk - Aggressive｜Ask for what you want in your early career, people are not aggressive enough - Connection｜Meet every person I had time for, and go to everything I could
Definitely agree with what he said about long-term in any situation. Well said I also didn’t really think much about my future until I decided to think bigger and be better than many people. And I want for me to have a really successful future
Here is a summary of the key points discussed in the conversation: 1. he key to success in entrepreneurship is to find a problem that you are passionate about solving and work on it for a long period of time. 2. otivation is important for entrepreneurship, and the best motivation comes from enjoyment and a belief that what you are doing is important. 3. Burnout often comes from failing and things not working, rather than from working too hard. 4. It is important to take calculated risks in your career, rather than avoiding risks out of fear of failure or embarrassment. Building something and committing to it is more important than just talking and organizing. 5. One of the few remaining arbitrage opportunities in the market is time, and making a long-term commitment to something can create wealth. 6. It is important to have strong opinions about the future, but also be flexible in the details and willing to be convinced with new data. 7. To make a big impact, it is important to think about what you are good at and what the world needs, learn as much as you can about that field, and take a risk to focus on it. It is okay to fail and try again.
4:45 The beginning of your career is the most valuable time. You want to work harder than most people think you should, if you do that you tend to benefit from it later - to get the leverage and the compounding effects. 7:00 Framework for when to give up and when to keep working - should be an internal vs. an external decision. 9:25 *Primary cause of burnout = things failing and not working. Momentum is really energizing, the lack of momentum is super draining.* Infinite energy to work on things that are interesting and working, and almost none when things are uninteresting and not working. If the thing didn’t work, shut that company down, go on vacation and try again. 10:40 People have terrible risk calculus in general. A) Wrong about what is/not risky, B) Most people don’t take enough risk. Especially earlier in your career, being young, unknown and poor is a great gift the amount of risk you can take. 13:10 Being willing to ask for what you want and being somewhat aggressive are really important characteristics of being an entrepreneur. People don’t want to fail or to be told no, or end up in some kind of crisis. 13:53 Each crisis gets less scary than the one before it. 14:40 Long term view of investing, money, and building things. 17:00 You get paid as a founder for the wealth you create for other people. The best companies create massive amounts of value in the world, then capture some of it for themselves (far less than they create), and they do it over a very long period of time. Make a super long commitment to yourself and others that are going to work on it with you that this is going to take a long time - but it is worth waiting because you will make far more money over the long term horizon by doing this company really well, than by doing a bunch of short term things along the way. 17:50 Have a strong opinion and then be flexible on the details. Refinement =/= Pivoting. 20:00 People need to figure out themselves what they believe in and what they think, and what they believe is high impact to work on for the future. It’s really important to actually think hard about where you can make the greatest contribution, that you’re good at, what you think the world needs and what you enjoy. Then go meet people to work with, learn as much about that field as you can, then have the courage of your convictions to take a risk and focus on it, it’s okay if you fail. If you do, you can go try the next thing. Take a risk and make some amount of sacrifice to impact the world in a way you really care about.
The intro passes by so quickly. You can’t tell if his brother is completely joking or trying to sound nice or earnestly swiping at his brother, “he wanted to teach us the ways of the world but he couldn’t interview himself so that’s why I’m here” haha. 0:05
I really enjoy listening to Sam Altman, he comes across as sincere and wise. Plus, his brother asks all the questions that I'm curious to hear Sam's thoughts on.
I love what you are talking about. A lot of time people do things to feel important, and they don't care about actually finishing things or doing the things really well. I'm one that only really cares about the real meaning of a work, it's really difficult to find like-minded people. Too much though.
6:18 I do love the advice he gives on how long term commitments are super important for creating something great and meaningful. I think a lot about how people really do need to move to where they can work together on startups.
The best thing about Sam Altman is: He doesn't care if Sam Altman gains anything from this whole AI stuff. Other than every other Entrepreneur , who want their face and name forever in the history books, Sam seems to understand that he is just a single human beeing. And Quick tip for start-ups: If your goal is, to sell your company for as high as possible, you don't really care about your Idea and so should no one else.
This was oddly encouraging. This strongly affirms my own personal experience and several things I’ve suspected. I’m going to have to watch more of his interviews and speeches.
Many did what he said, also programmers, but little did they know that his work would render them obsoloete. As a programmer myself, I accept this because it is in a sense beautiful - I just dont't think it is fair that all the non-engineers wearing suits get to profit on this. Hope AGI/ASI figures this out and liberates us all from this insane, unfair world that we live in. Everyone should be a winner!
I used Chat GPT-4 to analyze this video. Here are the top 5 key points that Sam Altman made: "Look for the intersection of what you're good at, what you enjoy, and where you can create value." - Altman emphasizes the importance of finding your unique intersection of skills, passions, and value creation. "Finding your tribe; the people that you end up working with on and off" - Altman discusses the challenge of finding the right collaborators for your career. "Whenever I've helped people for no immediate benefit, it has later really benefited me." - Altman underscores the importance of helping others without expecting immediate returns. "Many people give up too early when something doesn't immediately work." - Altman points out the common mistake of giving up too soon when facing obstacles. "Many people do not take enough risks, especially early in their careers." - Altman encourages taking risks early in one's career as it can lead to success.
Chapters (Powered by ChapterMe) -
00:00 - Intro
00:14 - How to Pick What's Important to Work On
01:06 - Finding Your Tribe: Advice on selecting who you are working with
02:52 - How to accomplish big things?
03:40 - Work life balance in your 20's
05:26 - How to Make a Decision About When to Give Up
07:29 - What's the source of motivation for people?
08:36 - Have you noticed the change in what motivates you?
09:10 - Burnout vs Momentum
10:20 - Taking risks and how should people think about it differently
12:50 - Asking what you want and being aggressive
14:39 - Long term willingness to hold on to things
17:22 - Have You Got a Strong Opinion About Things? Or Just Iterating
17:41 - Strong opinion and be flexible at the details
19:55 - Advice for young people
21:06 - Outro
This is 7 years ago and is super insightful.
Imagine how much more Sam Altman has learned since then 😮
Just think how much technological progress has been made in the last 7 years and try to think about how much will be made in the next 7 years.
@@15Stratoshow much it will be on the mext 7 years ?
My key takeaways:
* In order to choose what to work on, pick something in the intersection of "what you're good at", "what you enjoy" and "where you can create value for the world?"
*
Simply spending time to help a lot of people, helps identify pockets of people you would like to do a venture with
*
Working hard early on in life and leveraging the compound effect is grossly underrated
*
When you have run out of ideas and something is not working, then it is the right time to stop working on that project!
*
Failures are highly draining, so to stay highly motivated it's important to take breaks when things are not working!
*
Ask for what you want!
*
History belongs to doers!
*
Successful ventures get paid for the massive amount of value they create!
Thanks Brother
*Each crisis gets less scary than the one before it.
Freaking Spoiler (tq anyways)
It's not precisely what he has said, but ok. :(
thanks
Its so great to have Sam's wisdom all poured out there on this channel. Only a small niche of people were familiar with him prior to last year so I'm sure his talks here are serving a ton of new people like myself.
By 2023 Sam altman has become one of the most important people on this planet
This aged well
How come, haha. Lot of focus mhen. I can't imagine this was 6 years ago.
E di pomeriggio insegnante ai bambini come assassina sono amiche Marcella mele Angela Guido corsi di sabato nei supermercati solo che mandano gli altri loro fanno soldi Marcella mele e cognate in Costa
But did it ? Chat GPT may be the end of our existence .
I came here to say this lol
@@sirjoshuafawdeluded
This guy has got the clarity and the answers that I was looking for in the so-called Gurus' channels. Loved this chat!
Six years I started my journey, and this video refilled that confidence in me by making me feel like he was talking to my “day 1” - self. Thanks, Sam and Jack. I needed this.
Sitting in a coffee shop in a small town of 100k with big dreams, an eagerness to learn, and a plan to execute. Thanks for your wisdom Sam.
*small city
Go for it !! 🚀
@Tigiudanke Barrie he’s dead…
@@sportcoat5756 Bruh
Mind me asking which town?
10:00 “When I’m doing this thing that I like, and it’s working, I have a _huge_ amount of energy, and I can get a lot of stuff done.”
I decided to try finding earlier interviews of Sam Altman to help me work through some of my biases. Not as effective as talking/listening in person, yet atleast it's available.
We are (and aren't!) the total sum of our past, present and future. He was quite insightful in this interview on a lot of points, honestly!!! I appreciated listening. Working through biases is the equivalent of reevaluating situations when presented new data, checking if it is valid/repeatable, etc. Can't always rely on strong opinions to be accurate or lead the best course of action.
''What you're good at & what the world needs'' -- Sometimes people don't get the chance to develop themselves in regards to what they are good at (could be good at through practice) for various reasons/contexts. What the world needs, well we almost have to look at it from a primitive aspect of meeting one's basic needs due to us all having different perceptions and trying to bring that in today's world which means taking into account all of the current systems.
The right time to stop is when something is not working and you've run out of ideas.
I really love actionable insights. Most insights in general are too generic and not actionable.
Thanks for this, Sam!
Really LOVE him. Such a deep and incisive thinker.
this interview made me feel more centered. thank you!
Oh wow, I can finally comment on my favorite YC videos!
Need more of this series, fun to watch.
3 advices for your early career
- Persistence｜Most people quit too early and don’t take enough risk
- Aggressive｜Ask for what you want in your early career, people are not aggressive enough
- Connection｜Meet every person I had time for, and go to everything I could
How has connecting with people in this form worked out for you because it seems agressive
"History belongs to the doers"- Sam Altman
And now leading one of the most important companies in the world :) inspiring, and resonates deeply
Definitely agree with what he said about long-term in any situation. Well said I also didn’t really think much about my future until I decided to think bigger and be better than many people. And I want for me to have a really successful future
This guy is awesome! So much to learn from him
Here is a summary of the key points discussed in the conversation:
1. he key to success in entrepreneurship is to find a problem that you are passionate about solving and work on it for a long period of time.
2. otivation is important for entrepreneurship, and the best motivation comes from enjoyment and a belief that what you are doing is important.
3. Burnout often comes from failing and things not working, rather than from working too hard.
4. It is important to take calculated risks in your career, rather than avoiding risks out of fear of failure or embarrassment.
Building something and committing to it is more important than just talking and organizing.
5. One of the few remaining arbitrage opportunities in the market is time, and making a long-term commitment to something can create wealth.
6. It is important to have strong opinions about the future, but also be flexible in the details and willing to be convinced with new data.
7. To make a big impact, it is important to think about what you are good at and what the world needs, learn as much as you can about that field, and take a risk to focus on it. It is okay to fail and try again.
Thanks for this summary!
4:45 The beginning of your career is the most valuable time. You want to work harder than most people think you should, if you do that you tend to benefit from it later - to get the leverage and the compounding effects.
7:00 Framework for when to give up and when to keep working - should be an internal vs. an external decision.
9:25 *Primary cause of burnout = things failing and not working. Momentum is really energizing, the lack of momentum is super draining.* Infinite energy to work on things that are interesting and working, and almost none when things are uninteresting and not working. If the thing didn’t work, shut that company down, go on vacation and try again.
10:40 People have terrible risk calculus in general. A) Wrong about what is/not risky, B) Most people don’t take enough risk. Especially earlier in your career, being young, unknown and poor is a great gift the amount of risk you can take.
13:10 Being willing to ask for what you want and being somewhat aggressive are really important characteristics of being an entrepreneur. People don’t want to fail or to be told no, or end up in some kind of crisis.
13:53 Each crisis gets less scary than the one before it.
14:40 Long term view of investing, money, and building things.
17:00 You get paid as a founder for the wealth you create for other people. The best companies create massive amounts of value in the world, then capture some of it for themselves (far less than they create), and they do it over a very long period of time. Make a super long commitment to yourself and others that are going to work on it with you that this is going to take a long time - but it is worth waiting because you will make far more money over the long term horizon by doing this company really well, than by doing a bunch of short term things along the way.
17:50 Have a strong opinion and then be flexible on the details. Refinement =/= Pivoting.
20:00 People need to figure out themselves what they believe in and what they think, and what they believe is high impact to work on for the future. It’s really important to actually think hard about where you can make the greatest contribution, that you’re good at, what you think the world needs and what you enjoy. Then go meet people to work with, learn as much about that field as you can, then have the courage of your convictions to take a risk and focus on it, it’s okay if you fail. If you do, you can go try the next thing. Take a risk and make some amount of sacrifice to impact the world in a way you really care about.
Thank you Sam & Christopher.
Thanks for the highlights
7:29 モチベーションの話おすすめ。
やはり日本の30〜40代の起業家でこう言った人生や信念という視点で語れる人はまだ少ないと感じる。
日本語自動翻訳すると「べき」という単語が頻発するけど、英語だとshouldでなくtoなことが多いようで、変にこの教訓を自分に課すものでなく活かすように心がけたい
He hasn’t changed much and has the same mannerisms. Love this guy’s attitude.
The intro passes by so quickly. You can’t tell if his brother is completely joking or trying to sound nice or earnestly swiping at his brother, “he wanted to teach us the ways of the world but he couldn’t interview himself so that’s why I’m here” haha. 0:05
I really enjoy listening to Sam Altman, he comes across as sincere and wise. Plus, his brother asks all the questions that I'm curious to hear Sam's thoughts on.
I love what you are talking about. A lot of time people do things to feel important, and they don't care about actually finishing things or doing the things really well. I'm one that only really cares about the real meaning of a work, it's really difficult to find like-minded people. Too much though.
I am really thankful for advices.❤
This man Sam becoming a legend
Such an amazing podcast by Sam
6:18 I do love the advice he gives on how long term commitments are super important for creating something great and meaningful. I think a lot about how people really do need to move to where they can work together on startups.
sama is my inspiration
sam you made it i know it was extremely hard but you did
Thanks for this guys
Never seen such a good video with that high value for me.. thanks a lot for sharing this !
The best thing about Sam Altman is: He doesn't care if Sam Altman gains anything from this whole AI stuff.
Other than every other Entrepreneur , who want their face and name forever in the history books, Sam seems to understand that he is just a single human beeing.
And Quick tip for start-ups: If your goal is, to sell your company for as high as possible, you don't really care about your Idea and so should no one else.
Thank you for the energy you are spending to motivate and coach the newbies
Sam real brother !
This was oddly encouraging. This strongly affirms my own personal experience and several things I’ve suspected. I’m going to have to watch more of his interviews and speeches.
Thank you so much Sam for sharing very important piece of advices. They are very impactful and will certainly make a difference to a lot of people. 🙏
Watching in June 2023, awesome person Sam.
+ 9:10 motivation
+ 11:11 risk is not doing smthing dt u'll then spend ur rst of ur life regretting
This guy’s body language is interesting. Very confident and smart
I am 50 and still learning..Thank you Sam...
Many did what he said, also programmers, but little did they know that his work would render them obsoloete. As a programmer myself, I accept this because it is in a sense beautiful - I just dont't think it is fair that all the non-engineers wearing suits get to profit on this. Hope AGI/ASI figures this out and liberates us all from this insane, unfair world that we live in. Everyone should be a winner!
Start a business.
An Iman said that in the Quran we're told to continue planting, harvesting, etc no matter how close we think we might be to the last day
Дорогой Сэм я тебя семь лет назад я тебя не знала ❤❤
Thank you!
I want to learn more about your amazing grandma!
I love ChatGPT 4 and i find you should get a Nobelprice für Peace. Great Invention Lad! Tx
It will change the world
age doesn't really matter, but understanding what that really means does.
Now you built the future :-)
That was awesome! Thank you Altman brothers. 😃😃
lol Sam is usually the one interviewing. Good idea to get your brother to do that!
Sam is so cool 😎
No he isn't
1. Move to San Francisco 2. Work hard 3. Don’t give up
Wow, amazing insights 👏🏼
He really built the future..
Bro actually built the future...
Sam Altman has “it”
Thanks a bunch for this dense, wisdom-packed session, Sam! :)
shape of the glasses is different
Thanks...
I used Chat GPT-4 to analyze this video. Here are the top 5 key points that Sam Altman made:
"Look for the intersection of what you're good at, what you enjoy, and where you can create value." - Altman emphasizes the importance of finding your unique intersection of skills, passions, and value creation.
"Finding your tribe; the people that you end up working with on and off" - Altman discusses the challenge of finding the right collaborators for your career.
"Whenever I've helped people for no immediate benefit, it has later really benefited me." - Altman underscores the importance of helping others without expecting immediate returns.
"Many people give up too early when something doesn't immediately work." - Altman points out the common mistake of giving up too soon when facing obstacles.
"Many people do not take enough risks, especially early in their careers." - Altman encourages taking risks early in one's career as it can lead to success.
He gives foundation to the AI FUTURE
@sam AGI when?
Belief and satisfaction what you are doing need
Enjoyment
Liking your team
Totally agree "People are good at pricing, but bad at valuing"
Thank you Sam, you are a good guy! I agree it is important to find your "Ikigai".
Сэмми ты очаровашка❤❤
Sam has been cooking for years!
Now I'm watching it after 6 years . His thoughts at that time now yielded
And here we go
UA-cam really knows when it should recommend a video hahaha
genious
Work hard
Learn more
Improve everyday
Meet peoples
Be better every day
Thanks Sam. Nice one YC
And here we are...
Did Sam just thank his brother for spending time with him hahahaha, thats awesome
Critical success factors
- focus
- personal connections
- self belief
Here after sora
What they good at
What they like
What they create value with that
What a great talk
Hello brother ❤
Amen!!! “Burnout does not comes from working top hard.” Yes, I can attest to that. Correct!!!
Find deeper mission why and what you do
Focus
Personal connection
13:52 I guess he kinda right considering what happened
ABSOLUTELY LOVE IT
6:15 people who are 23 & already started 14 startups
Am not the only who knows this guy is smarter than most
The brother is quite handsome
Ask for what you want
is he advising the bro?
Most people don't take enough risk
Most people give up very early
20:04 to end
Awesome
Working hard
Leverage
good at ---- enjoy-----create value
This is good life advice as well
Love this interview