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In a world where many startups focus on quick wins and short timelines, Sam Altman, former president of Y Combinator, believes the real advantage lies in thinking long-term. He points out that most companies operate within a two- to three-year time frame, hoping for fast success. But, according to Altman, meaningful success often takes much longer—sometimes up to ten years.
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Think Long-Term From Day One
Altman stresses that when you commit to the long haul right from the beginning, your decision-making shifts. You'll approach things with more patience, care, and a broader vision. This mindset doesn’t just change how you build your product, but also how you build your team. When you’re in it for the long run, you’ll make decisions that prioritize sustainability and growth over quick fixes.
The Hidden Opportunity
Altman calls this long-term thinking one of the last great opportunities in the startup world. "Almost no one makes a very long-term commitment to a new project," he says. And that’s where the opportunity lies. By committing to the long term, you gain a significant advantage. You'll hire people with the same mindset, make smarter choices, and create a company that’s built to last.
A Different Approach for Better Results
This approach can change everything, from your business strategy to your company culture. Altman emphasizes that thinking in terms of decades instead of years allows you to plan for deeper, more sustainable growth. When you’re not rushed to see immediate results, you make smarter decisions that pay off in the long run. And in a fast-paced world, that patience and commitment can set you apart.
In the end, Altman’s advice is simple: if you want to build something great, be ready to invest the time. It may take longer, but the payoff is worth it.
Listen to Sam Altman:
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