7 Tips for Success from ChatGPT Founder

Sam Altman, the "father" of ChatGPT, once gave 7 pieces of advice if you want to be extremely successful and rich.

Sam Altman, born in 1985, is the co-founder of OpenAI - a company that develops applications using artificial intelligence (AI) ChatGPT and other breakthrough AI. Altman is on Time 's Top 100 AI list published in September this year, honoring individuals who have made the greatest contributions to artificial intelligence. Alman is considered a "hero" in this field by many people, especially the AI community.

Talking about the topic of "how to be successful", Sam Altman once shared on his personal blog, emphasizing some important bullet points. Below are some of Altman's tips for achieving outstanding success.

Sam Altman, co-founder of Open AI. Photo: AFP — Sam Altman, co-founder of Open AI. *Photo: AFP*

Exponential personal growth

Exponential growth is the key to wealth. A business that grows 50% annually can become huge in a very short time. Only a few companies in the world can achieve such rapid growth, but with the help of technology, the number of such companies is increasing.

Similar to personal growth, you should aim for an exponential trajectory in your life. The key, according to Altman, is to aim for a career that grows exponentially (most jobs tend to grow linearly).

If you are ambitious, you don’t want to be in a job where someone who has been in the job for two years is as effective as someone who has been in the job for 20 years. The learning rate should be high. As your career progresses, each unit of work you do should produce more and more results. There are many ways to create this leverage, including capital, technology, branding, networking, and people management.

Many people get stuck on linear opportunities that are still growing but slow. The advice here, according to Chat GPT founders, is to be willing to let go of small opportunities to focus on potential change. The rewards are worth it if you have a long-term vision.

Hard-working

Extremes often get extreme results. Spending more time at work requires major trade-offs in life. The decision to work less and prioritize other goals is understandable and up to many people.

But if you want to be successful, you have no choice but to work hard. The important thing, according to Sam, is to spend a lot of time on work without feeling exhausted. There are different ways, but the common point is to choose a job that you are passionate about and create a lot of value.

“One founder I know said he felt fulfilled after leaving a busy job at a large enterprise and devoting his time to something more impactful,” Sam Altman shares.

Good sales

It is not enough to believe in yourself, you must be able to convince others of what you believe in. All work, to some extent, becomes a sales job.

You have to present your plan to customers, employees, the press, investors... This requires an inspiring vision, good communication skills, a certain amount of charisma and proof of execution.

Good communication, especially written communication, is a worthwhile investment, according to Sam. To communicate clearly, first make sure your thoughts are clear and then use simple, concise language. Selling is a skill that can be improved and improved with practice.

Hard to compete

Most people understand that companies are more valuable when they have fewer competitors. This is true for you as an individual. The types of jobs that many people can replace and do just as well as you do will pay less.

The best way to become unbeatable is to build your own leverage. For example, you have strengths through relationships, building a personal brand, or being good at many different things...

There are many strategies to make yourself unique, choose the one that works for you. "Imitating what others are doing is a mistake," according to Sam.

Take the risk

According to Sam, most people overestimate the risk and underestimate the reward. Taking risks is important because you can't always be right. You have to try things and adapt quickly.

It’s often easier to take risks early in your career. You don’t have much to lose and a lot to gain. Once you reach a certain level of success, you can choose to take more reasonable, less risky risks.

But don’t wait too long. The problem with founders who have spent a lot of time at Google or Facebook, Sam observes, is that it’s hard to leave because they’ve become accustomed to the comfort and fame. Even if they do leave, the temptation to return to that job is strong. People tend to prioritize short-term gains and comfort over long-term satisfaction.

Besides, "I will fail many times and actually be right once" is the entrepreneurial spirit that must be possessed, according to Altman. You must always give yourself many opportunities to be truly lucky.

Own 'growth assets'

“The biggest financial misconception I had growing up was that people got rich because they were paid a lot,” Sam says. While there are some exceptions, like people in the entertainment industry, almost no one on the list of the world’s richest got rich because of a salary. They all have assets that appreciate in value.

It could be business equity, real estate, resources, intellectual property, or something similar. But one way or another, you need to own a growth asset instead of just selling your time. Time is just a linear function.

Concentrate

Focus is the power of resilience in work. “Most people I meet are happy to spend more time thinking about the priorities they need to spend their time on,” says Sam. Doing the right things is more important than working long hours. Most people waste a lot of their time on things that don’t matter.

Once you know what to do, be persistent in completing your few priorities quickly. "I've never met a slow person who's very successful," says Chat GPT founder.

Minh Giang

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