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The Secrets To Setting Smarter Goals

If you're looking to maximize your startup's potential, start by setting the right goals. Michael Seibel and Dalton Caldwell provide tips and strategies for setting goals that will help keep you and your new business focused on success—plus provide examples of bad goals to avoid as a startup. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00 - Intro 00:17 - Setting Goals: The Stupid Games 01:18 - What's a Too Aggressive Goal? 03:35 - What are the Fake Metrics? 05:43 - Stupid Comparatives 08:03 - What is Sandbagging? 09:39 - Why People Screw Up Accomplishing Goals 11:25 - Take The L 12:41 - Excuses 14:29 - Stupid Prizes Companies Win 14:48 - Most Money Raised 16:16 - Most Employees 17:45 - Execution Team 19:33 - Burning Money 21:07 - Acquiring Companies 22:22 - What's the Prizes for Defrauding Your Customers? 24:11 - Become an Amazing Investor

Michael SeibelhostDalton Caldwellhost

Jan 11, 202329mWatch on YouTube ↗

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EPISODE INFO

Released: January 11, 2023
Duration: 29m
Channel: Y Combinator
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

If you're looking to maximize your startup's potential, start by setting the right goals. Michael Seibel and Dalton Caldwell provide tips and strategies for setting goals that will help keep you and your new business focused on success—plus provide examples of bad goals to avoid as a startup. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00 - Intro 00:17 - Setting Goals: The Stupid Games 01:18 - What's a Too Aggressive Goal? 03:35 - What are the Fake Metrics? 05:43 - Stupid Comparatives 08:03 - What is Sandbagging? 09:39 - Why People Screw Up Accomplishing Goals 11:25 - Take The L 12:41 - Excuses 14:29 - Stupid Prizes Companies Win 14:48 - Most Money Raised 16:16 - Most Employees 17:45 - Execution Team 19:33 - Burning Money 21:07 - Acquiring Companies 22:22 - What's the Prizes for Defrauding Your Customers? 24:11 - Become an Amazing Investor

SPEAKERS

Michael Seibel
host
Y Combinator Group Partner and former YC CEO, startup founder and investor.
Dalton Caldwell
host
Y Combinator Managing Director and former startup founder focused on helping early-stage companies.

EPISODE SUMMARY

In this episode of Y Combinator, featuring Michael Seibel and Dalton Caldwell, The Secrets To Setting Smarter Goals explores stupid Goals, Stupid Prizes: Avoiding Founder Mistakes in Setting and Hitting Goals Seibel and Caldwell frame goal-setting mistakes through the meme "play stupid games, win stupid prizes," splitting errors into setting bad goals and accomplishing goals badly.

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