Most important Founder TRAIT? — Sam Altman | Startup Nuggets Ep 8 [Video]

This is episode 8 of Startup Nuggets: Sam Altman emphasises determination as the most important a founder needs.

“The most underrated quality of all is being really determined. This is more imp than being smart. This is more imp than having a network. This is more imp than having a great idea. The hardest thing about starting a company is the level and frequency of bad stuff that happens to you. And most people that are good in really other ways, eventually the company gets killed by stuff going wrong. So much about being a successful entrepreneur is just not giving up. When we have funded people who have a great idea, perfect background on paper, a great product and still failed, it has usually been they are insufficiently determined. This is the most important non obvious skill of a founder.” — Sam Altman

“I’m convinced that about half of what separates successful entrepreneurs from the non-successful ones is pure perseverance. It is so hard. You pour so much of your life into this thing. There are such rough moments … that most people give up. I don’t blame them. It’s really tough.” — Steve Jobs

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