Y Combinator Startup Podcast cover image

Y Combinator Startup Podcast

The Secrets To Setting Smarter Goals

Jan 16, 2023
29:12

Podcast summary created with Snipd AI

Quick takeaways

  • Setting aggressive goals can lead to lack of motivation and focus on numbers rather than intelligent action.
  • Relying on fake metrics can mislead and deceive stakeholders, resulting in misguided decisions and actions.

Deep dives

Setting Aggressive Goals Can Lack Motivation

One common mistake in setting goals is creating targets that are too aggressive, causing a lack of motivation. People often set these goals out of fear, driven by external pressures or unrealistic expectations. For example, a startup founder may set a goal of reaching $30k in monthly recurring revenue (MRR) by demo day, based on advice from an alum. Setting such aggressive goals can lead to detrimental consequences as it focuses more on achieving numbers rather than the purpose of driving intelligent action.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode