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The father of ChatGPT has four entrepreneurial skills: the founder should get users by hand, and let the minority like it first

"Founders need to believe in their own ideas. The best companies are also mission-oriented. This means that the problems encountered by the company will motivate employees to find ways to solve them, regardless of whether these problems directly affect the founder of the company or the people the company cares about. If you do not love or believe what you are building, you are likely to give up halfway."

"You can change almost everything of a startup, but you can't change the market... entrepreneurs need to think about what is happening in the world, and you need to take advantage of the situation to succeed."

At present, the most popular technology company is OpenAI, the company that built ChatGPT. Before taking office as CEO of OpenAI, Sam Altman, the soul of OpenAI, was more famous as president, serial entrepreneur and venture investor of Y Combinator (YC), a famous startup accelerator in Silicon Valley.

When Altman opened a lecture entitled "How to start a business" at Stanford University in 2014, he introduced the conditions required for high-growth enterprises to start a business. Among them, he particularly emphasized good ideas, good markets and good products. Although the entrepreneurial environment has changed a lot, most of his suggestions still apply today.

Great companies come from great ideas

In the above lecture, Altman reminded aspiring entrepreneurs that "entrepreneurship is a commitment of 10 years." Therefore, entrepreneurs must ensure that they are pursuing the right idea, and consider the long-term is also an important part of a good entrepreneurial idea.

Altman has made a very broad definition of the term "idea", including the size and growth of the market, the company's growth strategy and defense strategy. He said, "When you evaluate an idea, you need to consider all these things, not just the product. If the idea works, you will work for it for 10 years, so it is worth taking some real time to figure out the early value and defensive ability of the business in advance."

Long-term thinking is a scarce quality everywhere, especially in startups. Altman believes that if an entrepreneur can think about the long term, it will be a huge advantage. Altman said, "One day you need to build an enterprise that is hard to replicate. This is an important part of a good entrepreneurial idea."

Mission oriented company

OpenAI is undoubtedly a mission-oriented company. Since its founding, Altman has always emphasized the social mission of OpenAI, which is also the reason why it insisted on non-profit at the beginning. In fact, mission orientation has early become the concept of Altman's view on entrepreneurship. When teaching entrepreneurship methodology, he also said that the best companies are mission oriented.

"Founders need to believe in their own ideas," Altman said. "This means that the company

2023-03
Anonymous

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